Topline Elon Musk told the banks that are partially funding his $44 billion Twitter acquisition he plans to close the deal by Friday, a deadline set by Delaware state court judge, Bloomberg reported Tuesday, as the world’s wealthiest man finally seems set on purchasing the social network after a very public case of buyer’s remorse.…
Posts published by “Derek Saul”
Updated Sep 29, 2022, 04:07pm EDT Topline Americans are paying 15% more on mortgage payments now than six weeks ago, according to data released Thursday by real estate brokerage Redfin, as the market continues to bleaken for prospective home buyers amid a mortgage-rate spike. Key Facts The typical monthly mortgage payment on the median asking…
Topline PayPal said Friday it won’t renew its sponsorship agreement with the Phoenix Suns if the team’s controversial owner Robert Sarver doesn’t resign, in the most high-profile financial fallout of an NBA probe released earlier this week that found Sarver engaged in racist and misogynist behavior, but allowed Sarver to keep the team after serving…
Updated Sep 15, 2022, 10:08am EDT Topline Roger Federer will retire following next week’s Laver Cup in London, the 41-year-old tennis star announced Thursday morning, capping one of the winningest and most lucrative careers in sports. Key Facts Widely regarded as one of the sport’s best players ever, Federer will retire with 20 Grand Slam…
Topline Shares of majority state-owned Russian oil and gas giant Gazprom, which is the country’s largest public company, tanked in trading on Thursday after the company declined to pay out dividends for the first time since 1998 in a sign of the widening impact of sanctions on the Russian economy. Gazprom advertising boards are pictured…
Topline Former Twitter CEO Dick Costolo said Wednesday that Twitter’s soon-to-be owner, Elon Musk, incited harassment against the social media company’s top lawyer, Vijaya Gadde, targeting her in a series of viral tweets as part of his promise to increase “free speech” on the social media platform. Key Facts Responding to Musk’s satiric Twitter post…
Updated Apr 25, 2022, 08:59am EDT Topline Twitter is closing in on a deal to sell itself to billionaire Elon Musk that could be announced as soon as Monday, Reuters and Bloomberg reported, citing people familiar with the situation. Key Facts Twitter is considering accepting Musk’s original offer to pay $54.20 per share in cash,…
Topline The House committee investigating the January 6 attack on the U.S. Capitol believes former Energy Secretary Rick Perry is the author of a text message to former White House chief of staff Mark Meadows that was turned over to the committee that called for encouraging Republican-led states to cast their Electoral College votes for…
Topline School districts and law enforcement agencies across the country are preparing for violence in schools Friday based on threats said to have been spread on the social media platform TikTok, though authorities say there are no apparent credible threats and TikTok says it’s seen no evidence of the threats on its platform. Key Facts…