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Elon Musk Says Twitter Must Prove Bot Claims for $44B Deal to Proceed

Elon Musk declared he won’t proceed with his $44 billion takeover of Twitter Inc. unless the social media giant can prove bots make up fewer than 5% of its users, casting yet more uncertainty over the..


Twitter to Freeze Hiring, Rescind Offers Ahead of Musk Deal

Twitter Inc. Chief Executive Officer Parag Agrawal announced a hiring freeze and other cost-cutting efforts on Thursday, a reflection of the company’s state of uncertainty while it awaits Elon Musk’s ..


Musk Says He Would Reverse Twitter’s Ban of Donald Trump

LONDON — Elon Musk said he will reverse Twitter’s permanent ban of former President Donald Trump if the Tesla CEO follows through with his plan to buy the social media company.

Musk, speaking virtual..


Peloton Seeking Buyers for Stake of About 20% of Company

Peloton Interactive Inc. is seeking to sell a stake of about 20% as part of a push to turn around the embattled fitness company, according to a person familiar with the situation.

The hope is to find..


Elon Musk Secures $7.1 Billion in New Financing for Twitter

Elon Musk has secured about $7.1 billion of new financing commitments for his proposed $44 billion takeover of Twitter Inc., the company said in a filing Thursday.

The commitments come as the Tesla I..


Elon Musk Suggests a ‘Slight Cost’ for Twitter’s Commercial Users

Twitter will always remain free for “casual users” but government and commercial users may see a “slight cost” to stay on the social media platform, the company’s would-be owner Elon Musk said in a tw..


Grindr to Cover Gender Affirmation Surgery Costs for Employees

Grindr LLC, the dating app that specializes in connections for the LGBTQ+ community, is rolling out new benefits to support employees seeking gender affirmation surgery, joining other companies that a..


Elon Musk Offloads $4 Billion of Tesla Shares, Pledges No More Sales

Elon Musk sold about $4 billion worth of Tesla Inc. stock days after reaching a $44 billion deal to buy Twitter Inc.

The Tesla chief executive officer offloaded 4.4 million shares on April 26 and Apr..


Twitter Sales Miss Estimates as Elon Musk Poised to Take Control

Twitter Inc., in one of its last earnings reports before Elon Musk takes the company private, reported revenue that missed analysts’ estimates, reflecting a slowdown in advertising.

Revenue rose to $..


What Elon Musk’s Twitter Takeover Means for Trump’s TRUTH Social

Conservatives on Twitter are celebrating a potential turning of the tide in the wake of Elon Musk’s deal to buy the social media platform–and many of them this week are heralding the departure of libe..