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Elon Musk Terminates Twitter Deal

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FOREIGN NEWS: Elon Musk Terminates Twitter Deal [New Foreign News] » Naijacrawl
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After two months of uncertainties that surround the taking over of Twitter, Elon Musk says he is terminating his $44 billion Twitter deal

Elon Musk clinched a deal for Twitter in April but then put it on hold until the company proved that spam bots accounted for less than 5% of its total users.



Twitter shares fell 6% in extended trading after he announced he would terminate the deal.

Meanwhile, reports have it that Twitter will be taking legal action to force Musk to finalize the deal.

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Piroll
 

Piroll is a creative writer, social-political commentator, socio-researcher, and sports analyst. He holds certificates in media management and data journalism from the Thomas Foundation Institute of Journalism. He works as a... Read More

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Foreign News

Elon Musk Loses $10billion In One Day After Allegation Of Sexual Misconduct Against Billionaire

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FOREIGN NEWS: Elon Musk Loses $10billion In One Day After Allegation Of Sexual Misconduct Against Billionaire [New Foreign News] » Naijacrawl
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Elon Musk, the founder and CEO of Tesla, lost $10 billion in a single day after sexual misconduct allegations against him surfaced.According to the Bloomberg Billionaires Index, he was worth $212 billion on Thursday. His fortune dropped to roughly $201 billion after the claims were made public on Thursday night, according to the index.According to an insider story, Musk's aerospace company, SpaceX, paid a flight attendant $250,000 in 2018 to settle a sexual miscondu...
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Foreign News

Billionaire Elon Musk Denies Sexual Harassment Accusation As SpaceX Reportedly Paid Air Hostess $250,000 To Keep Quiet

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FOREIGN NEWS: Billionaire Elon Musk Denies Sexual Harassment Accusation As SpaceX Reportedly Paid Air Hostess $250,000 To Keep Quiet [New Foreign News] » Naijacrawl
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According to reports, a flight attendant who accused SpaceX and Tesla CEO Elon Musk of sexually harassing her on a flight in 2016 was given $250,000 to be silent.In 2018, SpaceX paid the air hostess to settle a sexual misconduct lawsuit against Elon Musk.According to Business Insider, the attendant, who used to work on a contract basis for SpaceX's corporate jet fleet, accused Musk of exposing himself to her, caressing her leg without consent, and offering to purcha...
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Foreign News

Elon Musk Loses Over $20 Billion After Canceling Bitcoin Payment Mode

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FOREIGN NEWS: Elon Musk Loses Over $20 Billion After Canceling Bitcoin Payment Mode [New Foreign News] » Naijacrawl
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The world second richest man; Elon Musk’s net worth has reportedly taken a massive hit following his appearance on Saturday Night Live. During the show, the Tesla CEO joked that Dogecoin is a "hustle," resulting in a 35% drop in its value and subsequently announced that his company; Tesla wouldn't be accepting bitcoin as a payment mode. He writes then that “Tesla has suspended vehicle purchases using Bitcoin," Musk said. "We are concerned about rapidly increasing us...
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