Elon Musk secures control of Twitter for $44bn, fires management

After months of high drama including threats of a legal battle, tech entrepreneur Elon Musk has finally completed his much publicised takeover of social media firm Twitter. Declaring that the “bird is freed” he immediately made his mark by sacking senior management including CEO Parag Agrawal. Another prominent departure was legal and policy executive Vijaya […]

Twitter shareholders approve Elon Musk takeover bid

Twitter shareholders have approved the US$43 billion takeover attempt from Elon Musk – two months after the world’s richest man said he was pulling out of the deal. Earlier this week, Reuters reported that “a majority of Twitter’s shareholders” voted in favour of the deal ahead of the deadline on Tuesday afternoon. This was subsequently […]

Musk bails on Twitter takeover; social media app to take billionaire to court

The world’s richest man Elon Musk is pulling out of the US$43 billion deal to buy social media platform Twitter. Musk made a filing with the Securities and Exchange Commission on Friday 08/07, informing the regulator that he is terminating the deal, arguing that Twitter had provided “false and misleading” statements that were in “material […]

ITV, Twitter announce content partnership

UK pubcaster ITV has announced a multi-year content partnership with Twitter. The deal will bring over 1,200 real-time highlights from Twitter, including from hit shows like Love Island and I’m a Celebrity… Get Me Out of Here! The deal will also encompass sports highlights from rights held by ITV including the upcoming FIFA World Cup, […]

Twitter succumbs to Elon Musk’s US$43 billion takeover offer

Twitter has confirmed that it has agreed to billionaire Tesla owner Elon Musk’s US$43 billion offer for the social media site. Musk, a prolific user of the platform who last weekend posted a tweet fat-shaming Microsoft founder Bill Gates, earlier this month made an unsolicited offer to outright purchase the platform after it had been […]

Elon Musk makes US$43bn bid for Twitter

Elon Musk has made an unsolicited bid to buy Twitter for approximately US$43 billion. The Tesla founder and world’s richest person is offering US$54.20 a share, representing a 54% premium on the January 28 closing price of Twitter’s stock, just before he began investing in it, and a 38% premium on the April 1 price, […]

Movistar Plus+ adds Twitter to Living Apps collection

Spanish telco Telefónica’s pay TV service Movistar Plus+ has added Twitter to its Living Apps offering, bringing a variety of music, sports, travel, technology, culture, comedy and movies and series content to TV screens.   The move means that over 1.5 million Movistar Plus+ subscribers will be able to view Twitter’s Living App content on […]

ViacomCBS partners with Twitter to boost Paramount+ IP

ViacomCBS has announced a new global partnership with Twitter.  The multi-year agreement will deliver “premium digital content around ViacomCBS’ biggest live events, hit shows and iconic franchises from the company’s leading portfolio of entertainment, news and sports brands.” These brands range from BET and Comedy Central to Paramount Network and MTV. As a part of […]

Twitter reportedly emerges as potential TikTok suitor

Twitter has reportedly held talks with Chinese tech firm ByteDance to buy the US business of social media app TikTok. A number of US firms are circling the app, with president Donald Trump threatening to ban the service should it fail to find a domestic buyer before September 21. The president said that the rapidly […]

Twitter content partnerships chief Kay Madati departs firm

Kay Madati, global VP & head of content partnerships at social media platform Twitter, is leaving his post on December 13. Madati, a familiar face at industry events like MIPCOM, revealed the news in a memo: “It has been a fast and furious sprint over my tenure here and, at the pinnacle of success that […]

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