Elon Musk declines offer to sit on Twitter’s board

Published

2 years ago

April 11, 2022

Billionaire Elon Musk who recently bought a large stake in Twitter has decided not to join the social media company’s board.

It was expected that Musk, who is the CEO is Tesla, would join the board of the social media app after becoming the largest shareholder.

The chief executive of Twitter revealed the news in a tweet stating that he will always value input from shareholders whether they are on our Board or not.

This photograph taken on October 26, 2020 shows the logo of US social network Twitter displayed on the screen of a smartphone and a tablet in Toulouse, southern France. (Photo by Lionel BONAVENTURE / AFP)

Twitter initially planned to have Elon Musk sit on the board for a term that would end in 2024

Elon Musk recently acquired a massive 9 percent stake in Twitter, essentially making him the largest shareholder of the social media giant.

If Musk agreed to join the board, he would also be agreeing to a condition that he does not acquire more than 14.9 percent of shares in the company.

Stocks in Twitter surged during the announcement that Musk had purchased a large percentage of the company.

Portal between countries shut down after international flashing

Published

22 hours ago

May 16, 2024

Nathan Langridge

An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

Leaders

Is cloud technology the solution for every organisation’s needs?

Published

23 hours ago

May 16, 2024

ticker NEWS

Amidst the dominance of cloud technologies in the tech landscape, questions are rising over applicability and its cost implications.

As businesses increasingly migrate to cloud technologies, skepticism is brewing over whether it’s the optimal solution for every organisational need.

Additionally, the notion of “free” cloud services is being challenged, highlighting the importance of understanding the true costs and benefits associated with cloud adoption.

Harsha Patil, Engineering manager, California USA shares his key insights on the cloud conundrum. #featured

News

Does American media have TikTok bias?

Published

1 day ago

May 16, 2024

ticker NEWS

While the fate of TikTok remains uncertain in the U.S.—there is no shortage of possibilities.

Several investors are hoping to benefit from a new federal law that requires TikTok’s China-based parent company to sell the popular platform or face a ban.

This comes after ByteDance and TikTok filed a lawsuit against the U.S. government to block the law from going into effect.

Meanwhile, eight TikTok creators filed their own challenge, arguing the law violates their First Amendment rights to free speech.

But as the saga continues many media outlets are defending the platform.

David Zhang from China Insider joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #TikTok #TikTokban #socialmedia #China