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2 mins read

US stocks rebound to end higher, led by tech shares as Twitter accepts Elon Musk's takeover bid

The S&P 500 avoided stretching its losing streak into a fourth session. The Nasdaq jumped as invest…

Carla Mozée   


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2 mins read

2 of the UK's top retail bosses line up rival $8.5 billion bids for Walmart-owned supermarket chain Asda, according to a report

Rival $8.5 billion bids emerge for Walmart-owned Asda: Rob Templeman is helping Apollo Global Manag…

Shalini Nagarajan   


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1 min read

Top Twitter exec says Elon Musk's approach to his takeover has created a 'chaos tax' for the company

Jay Sullivan, Twitter's new product chief, said he expected the upheaval caused by Musk's takeover …

Ryan Hogg   


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2 mins read

Twitter stock tumbles 11% after Elon Musk says $44 billion buyout deal is on hold

Elon Musk tweeted to say the $44 billion Twitter deal had been paused, pending more details about f…

Harry Robertson   


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1 min read

Twitter just hired a big-name law firm to sue Elon Musk for dropping out of $44 billion takeover bid, report says

Twitter has tapped Wachtell, Lipton, Rosen & Katz LLP, one of the world's top corporate law firms, …

Hannah Towey,Dominick Reuter   


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3 mins read

Elon Musk is attempting a hostile takeover of Twitter. Here's how that could work.

Billionaire Elon Musk wants to buy Twitter, but Twitter's board doesn't want to sell. As a result, …

Ben Gilbert   


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1 min read

NCLT approves Suraksha group's bid for Jaypee Infratech

The National Company Law Tribunal (NCLT) on Tuesday approved the Mumbai-based Suraksha group's bid …

PTI   


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2 mins read

Twitter just evoked a 'poison pill' defense to ward off a takeover bid from Elon Musk. Here's how it works.

Twitter says it will adopt a "poison pill" to make it easier to unite current shareholders to preve…

Gabrielle Bienasz   


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1 min read

Digital World Acquisition soars 15% after Elon Musk walks away from $44 billion deal to buy Twitter

Shares of DWAC are still down 77% from a high of $175 last year and down 52% since the start of 202…

Brian Evans   


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1 min read

Twitter has laid off a third of its recruiting team amid Elon Musk takeover drama

Twitter said in May it was pausing most hiring and backfilling, aside from business-critical roles.

Huileng Tan   


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2 mins read

Elon Musk abruptly stopped tweeting last week, and no one knows why

It's a mysterious silence for Musk, whose tweets have made headlines near-daily since he announced …

Avery Hartmans   


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2 mins read

Elon Musk's comments in an internal Twitter meeting were 'confusing' and 'hilarious', some staff say

Musk's comments in an all-hands meeting crystallized the fears of some Twitter employees, tech jour…

Isobel Asher Hamilton   


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1 min read

Elon Musk's Twitter deal is backed by a secretive, little-known Dubai-based investment firm whose founder was once dubbed a 'human supercomputer'

Vy Capital has committed $700 million to the Twitter bid, making it the third-biggest outside equit…

Phil Rosen   


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1 min read

Regal Cinemas owner says shareholders could be wiped out after a lack of successful takeover offers

The warning from Britain's Cineworld comes after it hadn't received an all-cash bid to buy out the …

Insider Inc.   


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2 mins read

The SEC has published a letter asking Elon Musk to explain the delay in disclosing his stake in Twitter

Regulator asked world's richest man why he missed the 10-day deadline and about tweets made before …

Ryan Hogg   


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3 mins read

The wildest demand Saudi Arabia made as part of its potential investment (takeover?) in the PGA Tour: get LIV Golf's Saudi boss a Masters green jacket

Congress grilled the PGA Tour about its bid to join forces with LIV Golf and accept Saudi Arabian i…

Cork Gaines   


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1 min read

Twitter shareholders approve Elon Musk's takeover ahead of court battle

Twitter's shareholders approved Musk's acquisition, setting the stage for a legal battle as the bil…

Tim Levin   


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2 mins read

Twitter stock is still below Elon Musk's offer price as investors weigh whether the deal will close. But analysts say he's about to close the gap.

Elon Musk raised outside funding that decreased his own debt obligations and narrowed the spread be…

Brian Evans   


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1 min read

Elon Musk told investors he'd probably double or triple their money if they backed his Twitter buyout, report says

Musk also said a return of five to ten times their investment wasn't out of the question if all wen…

Isobel Asher Hamilton   


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1 min read

Elon Musk said he secured another $7 billion backing for his Twitter deal including from a Saudi prince

Cryptocurrency exchange Binance is pledging $500 million for Elon Musk's proposed $44 billion acqui…

Isobel Asher Hamilton