Tag: Short message service
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Short message service: Musk reallocates funding for Twitter deal
Tech billionaire Elon Musk does not want to take out loans secured with his shares for the planned Twitter takeover. Originally, he wanted to get $ 12.5 billion (11.7 billion euros) in this way. However, a statement from the US Securities and Exchange Commission on Wednesday said that Musk wanted to contribute this amount in…
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Short message service: Musk puts Twitter purchase on hold for the time being
Dhe entrepreneur Elon Musk has temporarily suspended his deal to buy Twitter. Musk wrote on Twitter that he first wanted to wait for calculations to show that accounts without real users actually account for less than five percent. The online service published this estimate a few days ago in its detailed quarterly report. Twitter’s stock…
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Cheap shares for shareholders: Twitter’s “poison pill” for Elon Musk
Twitter is taking countermeasures to resist a takeover by tech billionaire Elon Musk. The plan provides that other shareholders can buy additional shares cheaply if a buyer exceeds the 15 percent mark. An exception would be if a deal is approved by the board of directors. The step is considered a classic “poison pill” that…
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After a seven-month ban: Nigeria wants to allow Twitter again
A.frika’s most populous state, Nigeria, wants to re-allow the short message service Twitter after a seven-month ban. This was announced by a government official on Wednesday evening in the former capital Lagos. After talks with the US company, it was agreed that Twitter would open an office in Nigeria, it said. Further details about the…