Report post

What's happening with Twitter Inc?

We’ll send you a myFT Daily Digest email rounding up the latest Twitter Inc news every morning. Twitter’s board has agreed to sell the company for roughly $44bn to Elon Musk, a deal that would result in the world’s richest man seizing control of the influential social media platform.

Will Twitter become a private company?

Twitter would become a private company on completion of the deal, which requires shareholder and regulatory approval. The announcement ends a weekslong saga Musk kicked off when he disclosed a large stake in the company. Soon after, the company said he would join the board, only for Musk to reverse course on that plan several days later.

Is Twitter rolling out new features for Blue subscribers?

The case is still at its earliest possibl... Twitter is rolling out additional features for Blue subscribers including showing 50% of ads in their timeline compared to non-paid users and a visibility boost in search. Elon Musk had long promis... It’s more than a feeling.

Will Twitter hold a conference call?

In light of the pending transaction announced today, Twitter will not hold a corresponding conference call. Goldman Sachs & Co. LLC, J.P. Morgan, and Allen & Co. are serving as financial advisors to Twitter, and Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP are serving as legal counsel.

The World's Leading Crypto Trading Platform

Get my welcome gifts