September's inflation numbers were tied for the record since 2008, and were above consensus expectations yet again. With inflation being so severe and persistent, the messaging about inflation is about to change. First, it was…
Twitter Shares in Free-fall in Wake of Collapse…
Shares of Twitter On Monday had dropped in value to 37 percent below the $44 billion price Elon Musk first offered the company when he sought to purchase it. The Tesla founded told securities regulators…
Twitter Board Unanimously Approves Elon Musk’s $44 Billion…
Twitter’s board unanimously recommended Tuesday that shareholders approve billionaire Elon Musk’s offer to buy the social media site for $44 billion. Musk told Twitter employees earlier in June that he still planned to move forward…
Elon Musk Twitter Deal on Hold
Elon Musk's bid to purchase Twitter has been put on hold over concerns about his ability to arrange new financing that would limit his cash contribution to the $44 billion acquisition amid his threats to…
Elon Musk Threatens to Abandon Twitter Deal
Elon Musk accused Twitter of “resisting and thwarting” his right to information about fake accounts on the platform, calling it a “clear material breach” of the terms of their merger agreement in a letter to the company on Monday. “Mr.…
Twitter re-examines Musk’s bid after Tesla CEO secures…
Initially hostile to the idea of Tesla CEO Elon Musk taking over Twitter, the company is reportedly warming up to the idea after the billionaire said last week he had secured the necessary $43 billion in funding. Sources…
Report: Elon Musk Will Not Join Twitter Board…
Elon Musk will not join Twitter’s board of directors as planned, according to the company’s CEO. Twitter CEO Parag Agrawal announced on Sunday that Musk decided not to join the board. “The Board and I had many discussions about…
Twitter Appoints Elon Musk to Board of Directors…
Twitter announced Tuesday it’s appointing Tesla and SpaceX founder Elon Musk to its board, expanding the billionaire’s influence during the ongoing debate over lack of free speech on the platform. Twitter CEO Parag Agrawal tweeted the announcement Tuesday, writing that "Through conversations…
Heresy Financial: Tesla Sells Bitcoin While SEC Delays…
In this episode, we look at what is going on with Bitcoin recently. From corporate balance sheet pump-and-dumps to SEC delays on ETF approvals, is the future of bitcoin as uncertain as it seems? Or…