Elon Musk has several specific changes in mind for Twitter if he succeeds in his bid to buy the embattle social media platform – with a campaign against armies of spam bots near the top of his list…
“A top priority I would have is eliminating the spam and scam bots and the bot armies that are on Twitter,” Musk said during the event. “They make the product much worse. If I had a Dogecoin for every crypto scam I saw, we’d have 100 billion Dogecoin.”toward his Twitter acquisition bid.
That money could fuel a hostile takeover of the company through a tender offer, or bid to buy stock directly from shareholders, if Twitter’s board continues to oppose his effort.Twitter’s board previously enacted a “poison pill” provision aimed at preventing Musk from acquiring more than 15% of the company.– a deal that sources said could be a precursor to a formal binding offer.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk vows to 'defeat the spam bots' or 'die trying' if Twitter bid succeedsElon Musk confirmed on Thursday that the first thing he is going to do after winning the bid is eliminating the spam bots from Twitter.
Read more »
Elon Musk looks to raise funds to buy Twitter, reports sayCryptic tweet suggests Tesla CEO may try to buy shares of the social media service directly from investors.
Read more »
Opinion | Elon Musk, Twitter and the Ghosts of the 2016 and 2020 ElectionsFrom WSJopinion: Elon Musk’s bid is apocalyptic if you believe tweets decide elections. He is not the naif he finds it useful to play, writes Holman W. Jenkins
Read more »
Some Pressing Questions for Elon Musk as He Pursues TwitterThe Tesla C.E.O. has offered forty-three billion dollars to buy the social-media platform, but basic questions about his views on online misinformation and incitement remain unanswered.
Read more »
Elon Musk says he's secured $46.5 billion in financing to buy TwitterMusk has been seeking a takeover of the social media platform since he acquired 9 percent of its shares this month.
Read more »
Elon Musk says he has lined up $46.5 billion in financing for Twitter dealElon Musk on Thursday said he has lined up commitments worth $46.5 billion to finance a Twitter takeover deal, one week after he first made a public offer to buy the social media company.
Read more »