Business & Tech Musk Reportedly Laying Off 50% of Twitter Staff, Layoffs to Begin Friday Black Friday is coming a few weeks early at Twitter, as reports come in that Elon Musk will lay off 50% of the company starting Friday, which hardly bodes well for the new paid blue-check system which is supposed to launch Monday.
Business & Tech Elon Musk Shows Up at Twitter HQ With a Porcelain Sink, Which Is His Way Of Saying He’s Serious About Closing Deal Unfunny prankster Elon Musk is in town, making a show of symbolic moves that indicate that he really is going to acquire (and probably ruin) Twitter in the next few days.
Business & Tech Elon Musk Now Says He'll Buy Twitter At His Original Price, But He May Still Be Negotiating Ugh, the stupid saga drags on, and late Monday, Elon Musk did an about-face and said 'No, no, JK! Forget about the last four months, I actually do want to buy Twitter.'
Business & Tech Twitter Files Its Lawsuit Against Musk In Delaware Chancery Court, Accuses Him of Creating Negative 'Public Spectacle' The promised lawsuit has been filed, and among other things, Twitter is accusing would-be buyer Elon Musk of "refus[ing] to honor his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests."
Business & Tech Elon Musk's Bid to Buy Twitter Looks Officially Dead Elon Musk made his desire to withdraw from his bid to buy Twitter official Friday, sending a letter to the company's board and filing his intent to back out with the Securities & Exchange Commission.
Business & Tech [Update] Elon Musk-Twitter Deal Is Done; Twitter to Be Taken Private Twitter's board has accepted billionaire Elon Musk's offer to take the company private, after two weeks of intrigue and the creation of a "poison pill" meant to kill the deal.
Business & Tech Twitter Acquires Group Video-Chat App Squad, Will Shut It Down This Weekend Squad, an app that allows users to video-chat and screen-share with groups of friends in a more "fun" way than Zoom, has been acquired by Twitter, and the Squad app will have its sunset on Saturday, December 12.
Business & Tech SF-Based Charles Schwab Buys TD Ameritrade, Will Move HQ to Dallas Area 48-year-old brokerage firm Charles Schwab confirmed its widely rumored acquisition of TD Ameritrade on Monday, and the news came with the added detail that the combined company's new corporate headquarters will be in Westlake, Texas.
SF News Disney And Salesforce Dropped Twitter Bids Because Of Trolls At least in the case of two high-profile suitors that briefly explored the possibility of acquiring Twitter, it was the platform's infamous culture of bullying, trolls, and generally aggressive idiocy that turned them
SF News Nobody Wants To Buy Twitter As Salesforce Is Latest, Last Suitor To Walk Away Wanna buy a lightly-used (maybe that's the problem) microblogging platform? Salesforce doesn't, as CEO Marc Benioff informs the Financial Times that his cloud computing company has walked away from a potential bid on
Arts & Entertainment Now Disney's Talking About Buying Netflix, Which Would Be Good For Both Of Them The latest merger rumor, first floated Friday and continuing into Monday, is that Disney is in discussions to possibly buy Netflix outright, in a deal that would provide the media giant with its
SF News Microsoft And Disney Floated As Suitors In Twitter Sale, Which Could Be Imminent #Twitter #Disney pic.twitter.com/SjUSPHyzHq— Wissem (@Wissem_Rassas) September 26, 2016 Late last week we heard that Twitter was starting to receive buyout bids from several tech companies, including Salesforce and Google,
SF News Groupon Weighs $6 Billion Offer from Google Groupon, the collective discount peddler that is a dream come true for bargain-addicted Marina girls and can mean a slow death by coupon for some small businesses, is in talks to sell itself
SF News Salon Decides It's Time to Sell Itself We ask you this: Has Salon ever made money? We've always wondered. But the company is still kicking lo these many years since the dot.com boom gave it life (remember when they
