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Crypto Exchange FTX Files for Bankruptcy, CEO Resigns
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Elon Musk’s ruthless firing spree at Twitter
Tech billionaire Elon Musk has made a major statement after completing his takeover of Twitter - ending a lengthy tug-of-war with the social media firm’s board.
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Elon Musk completes $44bn Twitter takeover
Elon Musk has completed his $44bn (£38.1bn) takeover of Twitter, according to a number of media reports and an investor in the firm.
By Editors Desk -
Elon Musk sends $68 billion tweet
The Tesla CEO sent out a tweet to advertisers which seemed to confirm the $68 billion deal.
By Editors Desk
Latest Business
Foot Locker Pulls Yeezys From Stores, Websites
Other stores and boutiques have already removed Adidas Yeezy sneakers as well
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Yeezy products removed, Gap says, shuts down YeezyGap website
Adidas and Gap dropped Ye over his antisemitic remarks
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Apple raises prices of TV and music streaming subscriptions
iPhone maker is the latest digital platform to do so as services become increasingly important to its bottom line
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Netflix reveals surprising new results
Netflix has been on a downward trend all year, losing subscribers and wiping billions off its value. Today’s results were surprising.
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Kanye West to Buy Parler, Joining Crowd of Right-Wing Social Media
The social media service announced the deal days after Twitter and Instagram restricted the rapper and entrepreneur’s accounts for violating their terms.
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US-OPEC oil controversy spotlights Saudi Arabia ties - analysis
OPEC is an intergovernmental organization founded in 1960 in Baghdad, and their decision to cut oil production is seen as potentially upsetting the US mid-term elections
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OPEC+ to cut oil production by 2 million barrels a day next month
Move by alliance will boost sagging crude prices
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Elon Musk Proposes Closing Twitter Deal on Original Terms
An agreement would allow the social-media company and the billionaire to avert a high-stakes trial that was set to start soon
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Trump launches $700m ‘Hitler’ lawsuit
Former US president Donald Trump has launched a monolithic case against CNN for defamation, seeking $475 million (A$732 million) in punitive damages.
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Apple Music to Replace Pepsi as Sponsor of NFL’s Super Bowl Halftime Show
Tech company signed a multiyear deal with the NFL; the league hasn’t announced who will perform at the next halftime show
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Trump, family members sued by New York AG Letitia James, accused of massive fraud
James said Trump "falsely inflated his wealth by billions of dollars" to enrich himself and his family.
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Kanye West Tells Gap He Is Terminating Partnership
Designer says retailer hasn’t opened promised stores and was too slow to make items available at brick-and-mortar locations
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Twitter doubles down on Musk sale
Shareholders vote in favor of $44 billion takeover, even as Elon Musk seeks to cancel it
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Twitter Shareholders Are Poised to Approve Elon Musk Takeover Deal
Early votes suggest the acquisition will be approved by a wide margin, say people familiar with the matter
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Goldman Sachs Plans to Cut Hundreds of Jobs
Planned layoffs follow reinstatement of annual performance reviews and a slump in Wall Street deal making
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