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Elon Musk enters Twitter HQ with a sink

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Elon Musk

Elon Musk has taken a walk through what could be his latest business acquisition

Elon Musk posted a video of himself carrying a sink through Twitter HQ amid reports the $44bn takeover will close by the end of the week.

The caption reads “entering Twitter HQ – let that sink in!”  A play on words for the sink he was carrying.

Musk has also updated his bio on the social media platform, which now reads “Chief Twit”.

Yesterday, Ticker News reported the banks involved in the takeover have finalised the credit agreement and are now in the process of signing all relevant documentation.

This is the final step in the deal before the cash if officially released.

The billionaire and business tycoon has promised $46.5bn in equity and debt financing for the takeover.

A number of banks, including Morgan Stanley and Bank of America, have assisted Musk with debt financing to support the deal.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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