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“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted.
Read moreDuring an earnings call this week, Masayoshi Son said the firm’s investments could “be half or…as small as a quarter” in order to achieve more financial balance.
Read moreInflation is still hovering around the 40-year high and may not ease up as quickly as experts had hoped.
Read moreMusk expects that he can help boost Twitter’s average revenue per user to $30.22 in 2028, which is an increase from the $24.83 seen last year.
Read more“We were surprised given what we’re hearing about how many employers are requiring workers to come back full time,” said Robin Erickson.
Read moreElon Musk himself has said he would provide the remaining $21 billion in equity, but where it comes from is still unknown.
Read moreTwitter’s revenue clocked in at $1.2 billion compared to the expected $1.23 billion based on a survey of analysts at Refinitiv.
Read moreThe dip in revenue is likely being caused by companies decreasing their ad spending due to growing inflation and Russia’s invasion of Ukraine.
Read morePerhaps as soon as today, Twitter may announce that it has agreed to sell the company to the billionaire for around $43 billion, or $54.20 per share.
Read moreOn Sunday, the billionaire provided financial details into his $43 billion offer to purchase the company, which appeared attractive to the company’s board.
Read moreChoose daily or weekly updates to stay current, and monthly editions to explore worklife, work environments, and leadership in depth.

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