Tag twitter
Binance has committed $500 Million to Elon Musk’s Buyout of Twitter.
Key Takeaways: According to a file issued on Thursday, Binance is one of a dozen outside investors backing Elon Musk’s $44 billion buyout of Twitter. Binance pledged $500 million in an amended 13-D filed with the Securities and Exchange Commission.…
Find out what FTX CEO Sam Bankman-Fried has to say about Elon’s Twitter victory.
Key Takeaways: Elon Musk questioned if Twitter “adhered to the values of freedom of expression” (before buying shares and started the quest to take control of the social network). Sam questions if this move is beneficial to users and society…
Elon Musk Buys Twitter for $44 Billion
Key Takeaways The chances of Elon Musk acquiring Twitter are on the rise. Twitter is still negotiating Musk’s offer. Musk’s long fight to acquire Twitter probably will finally end with his victory. News has already broken on the internet that…
Stripe Partners with Twitter for Crypto-based Payouts System
Key Takeaways: Stripe Connect has partnered with Twitter to launch its first cryptocurrency-based payouts scheme. Earnings from content providers will be paid directly to a cryptocurrency wallet. Stripe will manage all “crypto-related complexities and activities,” according to a press release.…
If Elon Musk acquires Twitter, he will pay all board members $0 salaries.
Key Takeaways: Musk stated he would simply dismiss all board members, reducing collective salaries to “$0 if my bid succeeds, therefore that’s $3M/year saved right there.” Musk’s sudden $43 billion takeover proposal, which came just a week after he filed…
Jack Dorsey’s $2.9 Million NFT has Dropped by 99% in Value
Key Takeaways: In March 2021, Twitter’s then-CEO, Jack Dorsey, auctioned his first tweet as an NFT on the “Valuables” marketplace for $2.9 million. Sina Estavi, an Indian-born crypto entrepreneur, bought Jack Dorsey’s first tweet, “just putting up my twttr.” Last…
Musk Critisizes Twitter Leadership; Here is his Action Plan
Key Takeaways: Elon Musk is planning to bring four major changes to Twitter. He is hoping to acquire the social media platform. The social media platform, Twitter, which has been in existence for over a decade, has now caught the…
Elon Musk Acquires 9.2% Stake in Twitter
Yesterday, the news of Twitter taking the next step with integrating Ethereum NFTs on the platform was circling the internet. And today, Elon Musk revealed that he had acquired a 9.2% stake in Twitter. Since then, the share price of…