Agrawal, Parag
How Elon Musk Damaged Twitter and Left It Worse Off
SAN FRANCISCO — For years, Twitter was a runner-up social media company. It never grew to the size and scale of a Facebook or an Instagram. It simply muddled along. Then, Elon Musk, a power user of the service, stormed in. He offered $44 billion to buy Twitter and declared that the company could perform […]
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What Are Spam Bots and Why They’re an Issue in Elon Musk’s Twitter Deal
On Friday, the tech billionaire Elon Musk announced that he was terminating a $44 billion deal to buy Twitter. The reason, he said, was an ongoing disagreement over the number of spam bot accounts on the platform. Now, the issue of what constitutes a spam bot account, and how many currently exist on Twitter, is […]
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Twitter’s Chief Tries Staying the Course as Elon Musk Upends Plans
SAN FRANCISCO — At a virtual meeting for Twitter executives last week, Parag Agrawal admitted he was exhausted. Mr. Agrawal, Twitter’s chief executive, had spent the past six weeks steering the company through a $44 billion sale to Elon Musk, the world’s richest person. Some employees were rebelling openly against their new owner, who had […]
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Elon Musk Says Twitter Deal ‘Cannot Move Forward’ in Current State
Elon Musk, chaos agent. Mr. Musk, the world’s richest man, continued creating confusion around his $44 billion acquisition of Twitter on Tuesday, even as the social media company tried to keep the deal on course. Early in the morning, the billionaire tweeted that “this deal cannot move forward” until he got more details about the […]
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Two Twitter Leaders Are Leaving Company Following Musk Deal
SAN FRANCISCO — Twitter’s chief executive fired two top executives, froze most new hiring and said he was slashing spending on Thursday, as the social media company tries to change its business trajectory while grappling with a takeover from Elon Musk, the world’s richest man. In a memo shared with employees and obtained by The […]
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Inside Twitter, Fears That Musk’s Views Will Revisit Past Troubles
Elon Musk had a plan to buy Twitter and undo its content moderation policies. On Tuesday, just a day after reaching his $44 billion deal to buy the company, Mr. Musk was already at work on his agenda. He tweeted that past moderation decisions by a top Twitter lawyer were “obviously incredibly inappropriate.” Later, he […]
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Twitter Reports Revenue Growth as Elon Musk Prepares to Take Over
SAN FRANCISCO — Days before Elon Musk struck a deal to buy Twitter for $44 billion, he said he did not “care about the economics” of the company. As the world’s richest man, with a net worth of more than $250 billion, he indicated that making money from the social media service was far from […]
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Twitter Counters Elon Musk’s Takeover Bid With a Poison Pill
Poison pills have been around for decades. The lawyer Martin Lipton, a founding partner of Wachtell, Lipton, Rosen & Katz, invented the maneuver, also called a shareholder rights plan, in 1982. It was a way to shore up a company’s defenses against unwanted takeovers by so-called corporate raiders like Carl Icahn and T. Boone Pickens. […]
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Twitter Grapples With an Elon Musk Problem
SAN FRANCISCO — Bright and early on Monday, Elon Musk sent the government a surprising new document. In it, the world’s wealthiest man laid out his possible intentions toward Twitter, in which he has amassed a 9.2 percent stake, underlining how drastically his position had changed from a week ago. Mr. Musk could, if he […]
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