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Home Articles US Securities and Exchange Commission
Elon Musk pulls out of the Twitter deal, may face legal action \
3 min read
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Elon Musk pulls out of the Twitter deal, may face legal action

 09-Jul-2022
Elon Musk has decided to pull out of the Twitter deal because the social media firm had breached multiple provisions. The two are expected to engage in a lengthy legal dispute as a consequence of Musk’s decision. Twitter said on Friday that it planned to sue Musk to complete the $44bn mergers and that it […]
09-Jul-2022 Business
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Twitter CEO Parag Agrawal set to receive $42 million if terminated after Elon Musk deal  \
2 min read
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Twitter CEO Parag Agrawal set to receive $42 million if terminated after Elon Musk deal 

 26-Apr-2022
On Monday Elon Musk struck a deal to buy Twitter for $44 billion. However, certain reports suggest that the current CEO of Twitter, Parag Agrawal would be paid $42 million, if he gets sacked from the firm within a year after Musk’s deal. Since making the approach to buy the company, Musk has been a […]
26-Apr-2022 Business
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Twitter has extraordinary potential. I will unlock it, says Elon Musk  \
4 min read
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Twitter has extraordinary potential. I will unlock it, says Elon Musk 

 15-Apr-2022
Elon Musk, the CEO of Tesla and SpaceX, has made an all-cash offer to buy Twitter for $43 billion. According to a filing with the US Securities and Exchange Commission (SEC), Musk proposed purchasing all Twitter stock he doesn’t hold for $54.20 per share. He is presently Twitter’s largest stockholder, having purchased a 9.2% interest […]
15-Apr-2022 Technology
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Elon Musk makes USD 41 billion hostile bid to buy Twitter \
4 min read
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Elon Musk makes USD 41 billion hostile bid to buy Twitter

 14-Apr-2022
Washington [US], April 14 (ANI): Barely a few days after rejecting an offer to join Twitter's board, billionaire and Tesla CEO Elon Musk on Thursday made a hostile bid to buy the microblogging site for $41.39 billion in cash saying the company has extraordinary potential and he will "unlock it".
14-Apr-2022 Business
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Elon Musk sells $1.1 billion worth of his Tesla shares \
2 min read
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Elon Musk sells $1.1 billion worth of his Tesla shares

 11-Nov-2021
After stating over the weekend that he would sell 10% of his stock based on the results of a Twitter poll, Elon Musk sells $1.1 billion Tesla Shares of his electric car firm. According to paperwork filed on Wednesday, the sale started on September 14. Therefore when Elon Musk sold $1.1 billion Tesla shares, the […]
11-Nov-2021 Finance
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Elon Musk sells $1.1 billion worth of his Tesla shares \
2 min read
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Elon Musk sells $1.1 billion worth of his Tesla shares

 11-Nov-2021
After stating over the weekend that he would sell 10% of his stock based on the results of a Twitter poll, Elon Musk sells $1.1 billion Tesla Shares of his electric car firm. According to paperwork filed on Wednesday, the sale started on September 14. Therefore when Elon Musk sold $1.1 billion Tesla shares, the […]
11-Nov-2021 World
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Chinese tech giant Baidu raises 1 billion despite China tech sector woes \
2 min read
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Chinese tech giant Baidu raises 1 billion despite China tech sector woes

 20-Aug-2021
HONG KONG Reuters Chinese internet giant Baidu Inc has raised 1 billion in a two-tranche US dollar sustainability bond its first environment social and governance ESG transactionA 55-year tranche bond raised 300 million and the 10-year tranche secured 700 million a company statement saidThe shorter-dated bond was priced at US Treasuries plus 83 basis points while the longer-dated issuance was at US Treasuries plus 113 basis pointsInitial price guidance given to investors was US Treasuries plus 115 basis points for the 55 year bond while the 10-year was US Treasuries plus 150 basis points according to a term sheet reviewed by ReutersOn Tuesday Chinese regulators published new rules aimed at the China tech sector to tackle anti-competitive behaviour and companies handling of data
20-Aug-2021 Technology
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