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On April 14, Musk made an unsolicited and non-binding offer to Twitter to purchase the company for $43 billion, or $54.20 per share, and take it private. [17] Though the offer was made to company management, the bid was described as a hostile takeover attempt because of the implied threat to purchase the outstanding stock if management declined.
Elon Musk completed his acquisition of Twitter in October 2022; Musk acted as CEO of Twitter until June 2023 when he was succeeded by Linda Yaccarino.In a move that, despite Yaccarino's accession, was widely attributed to Musk, [1] [2] Twitter was rebranded to X on July 23, 2023, [3] and its domain name changed from twitter.com to x.com on May 17, 2024.
Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006 and was launched that July. By 2012 [update], more than 100 million users tweeted 340 million tweets a day. [ 8 ][ 9 ] The company went public in November 2013.
“Musk buying Twitter remains a major head-scratcher,” Wedbush’s Dan Ives wrote on Thursday, adding that he believes the firm’s fair value is $19 billion less than what Musk paid.
Twitter's origins lie in a "daylong brainstorming session" held by board members of the podcasting company Odeo. Jack Dorsey, then an undergraduate student, introduced the idea of an individual using an SMS service to communicate with a small group. [ 1 ][ 2 ] The original project code name for the service was twttr, an idea that Evan Williams ...
2. Scientific career. Thesis. Incorporating Uncertainty in Data Management and Integration (2012) Doctoral advisor. Jennifer Widom. Parag Agrawal (Hindi pronunciation: [pəˈɾaːɡ əɡɾəˈʋaːl]; born May 21, 1984) [ 2 ] is an Indian-American software engineer and businessman who was the CEO of Twitter, Inc. from November 2021 to October 2022.
LinkedIn (/ lɪŋktˈɪn /) is a business and employment-focused social media platform that works through websites and mobile apps. It was launched on May 5, 2003 by Reid Hoffman and Eric Ly. [6] Since December 2016, LinkedIn has been a wholly owned subsidiary of Microsoft. [7] The platform is primarily used for professional networking and ...
Jack Patrick Dorsey (born November 19, 1976) [3] is an American Internet entrepreneur, philanthropist, and programmer, who is a co-founder and former CEO of Twitter, Inc. from 2015 until 2021, as well as co-founder, principal executive officer and chairman [4] of Block, Inc., which is the developer of the Square financial services platform.