Twitter board agrees Musk's $44 billion bid
By MYBRANDBOOK
Twitter's board has recommended that shareholders approve the proposed $44-billion sale of the company to billionaire and Tesla CEO Elon Musk.
Twitter's board of directors said, “it unanimously recommends that you vote (for) the adoption of the merger agreement.” Last week, during a virtual meeting with Twitter employees, Musk reiterated his desire to move forward with the acquisition.
Musk said there were unresolved issues, including the debt portion and spam users. “We're still awaiting resolution, and that is a very significant matter,” he said, reiterating doubts over Twitter's claims that spam accounts were fewer than 5% of monetisable daily active users.
Twitter shares rose about 3% to $39 before the opening bell, far short of the $54.2 that Musk has offered for each share.
BREAKING NEWS
TECHNO TRENDS
InterGlobe’s Rahul Bhatia and C.P. Gurnani together announce
In a move that is set to transform the AI landscape, Rahul Bhatia, Group M...
Download masked Aadhaar to improve privacy
Download a masked Aadhaar from UIDAI to improve privacy. Select masking w...
Sterlite Technologies' Rs 145 crore claim against BSNL rejecte
An arbitrator has rejected broadband technology company Sterlite Technolog...
ID-REDACT® ensures full compliance with the DPDP Act for Indi
Data Safeguard India Pvt Ltd, a wholly-owned subsidiary of Data Safeguard ...
E-Magazine
TECHNOTAINMENT
Salman Khan trolled for singing with B Praak at Anant Ambani's
To celebrate Mukesh Ambani's youngest son Anant Ambani’s 29th birthday
Disney+ Hotstar wins the Best OTT Platform of the year
Film Critics Guild and Group M Motion Entertainment, in collaboration with
MOVERS & SHAKERS
SISL elevates Ankita Wadhawan as CEO—End User Computing
The IT service provider, SISL in a LinkedIn post announced the elevation
InfoVision appoints Radhika Venkatraman to its Advisory Board
Global digital services company, InfoVision has announced the appointment
OPEN YOUR EYES
INTERVIEWS
ESDS commits to presenting clients with the latest technology
According to a NASSCOM report, the Indian IT industry experienced its stron
IceWarp positioning itself as a disruptor in the Email and col
Post pandemic, the digital evolution has evolved. With most organizations a
HOT PICK
Canon India Introduces 4K Remote PTZ Camera Controller & 4K In
Canon India, a leading company in digital imaging solutions, further solidi
Dell Technologies launches the new consumer and gaming portfol
Dell Technologies has unveiled its newest line of AI-enabled consumer PCs
MAKE IN INDIA BRANDS
STERLITE TECHNOLOGIES LTD.
SECLORE TECHNOLOGY PVT. LTD.
NUMERIC INDIA, A Group Brand Legrand
TALLY SOLUTIONS PVT. LTD.
EMINENT CIO'S OF INDIA
ICONS OF INDIA
Technology Icons Of India 2023: Kumar Mangalam Birla
Aditya Birla Group chairman Kumar Mangalam Birla’s return to Vodafon...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
Technology Icons Of India 2023: Vijay Shekhar Sharma
Vijay Shekhar Sharma is an Indian technology entrepreneur and billiona...
PARTNER SPEAKERS
PSU
CERT-IN protecting the cyber security space of India
CERT-In serves in the area of cyber security threats like hacking and ...
CSCs enabling rural India digitally empowered
Common service centres (CSCs) are digital access points under the Digi...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
VIDEOS
Top 25 Brands
Value-Added Distribution
Crayon Software Experts India Pvt Ltd
Crayon helps its customers build the commercial and technical foundati...
IVALUE INFOSOLUTIONS PVT. LTD.
: iValue Info Solutions is a value added distributor, provides solutio...
R P TECH INDIA
R P Tech is recognized for its diverse products portfolio, value-add...
ITFORUM 2024
WIITF 2024
CMO of the Year
WOMEN LEADERSHIP
EMINENT CIO's OF INDIA
TRENDS IN TECHNOLOGY
MORE VIDEOS
ADVERTISEMENTS
TECHNOLOGY DISRUPTION
UNICORNS REVOLUTIONISING
