JUST IN: World’s Richest Man Elon Musk buys Twitter for $44bn.
Twitter on Monday confirmed it is selling the platform to billionaire entrepreneur Elon Musk in a deal valued at $44 billion.
The sale was a dramatic shift for the board, which had originally maneuvered to block Musk from taking the social media network private.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said in a joint statement announcing the takeover.
Musk had taken a major stake in the firm earlier this month before lining up last week some $46.5 billion in financing to push forward with the purchase.
“The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter’s stockholders.”
The polarizing Tesla chief’s campaign to buy the social media giant sparked concern that his unpredictable statements and alleged bullying are contradictory to his stated aims for the platform.
Source: (Excluding Headline) The Punch
Artificial intelligence (AI) is changing how organizations execute their tasks and speak with their clients.
Utilizing human-like PCs, organizations have started robotizing the vast majority of the capacities recently done by people since AI can perform them much better, quicker, and more effectively.
This upset has prompted an adjustment of abilities prerequisites in many positions, and as the innovation gets more grounded, robots will override human proficiency and intelligence in each assignment…CLICK HERE TO CONTINUE READING
DO YOU HAVE ANYTHING YOU WANT TO TELL US ABOUT NIGERIA? CLICK HERE TO JOIN ESSENCE FORUM AND SHARE YOUR TOPICS WITH OVER 4000 MEMBERS.
WATCH MORE NEWS ON OUR YOUTUBE CHANNEL CLICK HERE TO SUBSCRIBE
The World’s Richest Man Elon Musk buys Twitter for $44bn.
Professional freelancer and webmaster.