Twitter, analysts wary of Musk takeover bid
As tempting as access to Elon Musk's wealth may be, Twitter is not eager to be ruled by a billionaire known for shooting from the hip with little regard for the consequences.
Apr 21, 2022
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Business
News tagged with net worth
Business
Elon Musk's move to buy Twitter faces roadblocks
Even for the richest person on the planet, buying Twitter was always going to be a challenge—a highly complex financial transaction now made even trickier by a defensive "poison pill" move from the platform's board.
Apr 16, 2022
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Business
Elon Musk buys large stake in Twitter, sending stock soaring
Tesla CEO Elon Musk, who has expressed concern over protecting freedom of speech in the "de facto public town square" of Twitter, disclosed Monday a large stake in the social media company, sending shares soaring.
Apr 04, 2022
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Business
After Twitter poll, CEO Musk sells off $5B in Tesla shares
After making a promise on Twitter, Tesla CEO Elon Musk has sold about 4.5 million shares of the electric car maker's stock, raising over $5 billion.
Nov 11, 2021
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Business
Mobile payments firm Paytm kicks off India's biggest IPO
India's biggest-ever initial public offering opened Monday with digital payments platform Paytm looking to raise nearly $2.5 billion, in what has already been a record year for share listings.
Nov 08, 2021
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Business
Apple's Tim Cook gets $750mn bonus payout
Apple chief executive Tim Cook has received a bonus of some $750 million, reflecting his performance at the US technology giant in his 10 years at the helm, a regulatory filing showed.
Aug 27, 2021
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Business
Paytm's expected $2.2bn IPO fuels India market
Digital payments pioneer Paytm on Friday took a major step towards launching India's biggest initial public offering, telling regulators that it would seek to sell $2.2 billion in shares.
Jul 16, 2021
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Founder of Chinese e-commerce firm Pinduoduo departs
Colin Huang, founder of the Chinese e-commerce firm Pinduoduo, stepped down as chairman Wednesday just as the company's annual user base surpassed that of rival Alibaba.
Mar 17, 2021
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Business
China's super rich got $1.5 trillion richer during pandemic: report
China's super wealthy have earned a record $1.5 trillion in 2020, more than the past five years combined, as e-commerce and gaming boomed during pandemic lockdowns, an annual rich list said Tuesday.
Oct 20, 2020
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Business
Samsung heir apologises over corruption scandal
The heir to the Samsung empire bowed in apology Wednesday for company misconduct including a controversial plan for him to ascend to the leadership of the world's largest smartphone maker.
May 06, 2020
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