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Henrik Fisker, co-founder of electric vehicle maker Fisker Inc. and a rival of Musk's, left Twitter shortly after the acquisition announcement. [267] Amazon founder Jeff Bezos questioned whether Tesla's business interest in China would give the Chinese government leverage over Twitter via Musk, before answering that it would "probably not".
Using Twitter stock to fund the takeover, Twitter announced in July 2008 it had acquired Summize. Summize had six employees, all of whom joined Twitter except for Verdy. [1] The month of the acquisition, Twitter changed both its page for real-time searches and its search API to use Summize's product. [2]
Elon Musk’s purchase of Twitter could go down as the worst leveraged buyout (LBO) deal for banks since the 2008 global financial crisis in the latest worrying sign the deal is proving costly to ...
Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. Click here for the latest trending stock tickers of the Yahoo Finance platform Read the latest financial and business news from Yahoo Finance
SYDNEY (Reuters) -Square Inc, the payments firm of Twitter Inc co-founder Jack Dorsey, will purchase buy now, pay later pioneer Afterpay Ltd for $29 billion, creating a transactions giant that ...
FiftyThree, Inc. was an American privately held technology company that specialized in tools for mobile creation and creativity. [1] They were the makers of Paper, Apple's 2012 iPad App of the Year, [2] Pencil, a digital stylus, and Paste, a collaborative presentation tool.
Twitter (TWTR) stock gains nearly 8% on Mar 2 following reports of an activist investor buying significant equity stake in the social media company.
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