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Elon Musk offers to buy 100% of Twitter in all-cash deal

Theo Wargo city New York Twitter platform SEC
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Elon Musk is offering to buy Twitter, just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors.Twitter Inc.

said in a regulatory filing on Thursday that Musk, who currently owns slightly more than 9% of its stock and is the company's biggest shareholder, provided a letter to the company on Wednesday that contained a proposal to buy the remaining shares of Twitter that he doesn't already own.

Musk offered $54.20 per share of Twitter's stock.He called that price his best and final offer."I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy," Musk says in the filing. "However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form.

Twitter needs to be transformed as a private company."FILE IMAGE - Elon Musk attends TIME Person of the Year on Dec. 13, 2021, in New York City. (Photo by Theo Wargo/Getty Images for TIME) The buyout offer from Musk is just the latest development in his relationship with Twitter.

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Steve Macdonald Daniel Osbourne Tim Metcalfe Tyrone Dobbs Sally Metcalfe county Garden shock Health reports
Covid in China: Beijing works from home, Shanghai aims to defeat virus by May - livemint.com - China - city Beijing - India - city Shanghai
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Covid in China: Beijing works from home, Shanghai aims to defeat virus by May
China's Covid-19 cases
China city Beijing India city Shanghai virus covid-19 Citi
North Korea reports first Covid death as fever 'explosively spreads' - rte.ie - North Korea
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North Korea reports first Covid death as fever 'explosively spreads'
At least one person confirmed to have Covid-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media has said.
North Korea World Coronavirus
North Korea reports 1st COVID-19 death after ‘explosive’ fever spreads nationwide - globalnews.ca - North Korea
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North Korea reports 1st COVID-19 death after ‘explosive’ fever spreads nationwide
COVID-19 has died in North Korea and hundreds of thousands have shown fever symptoms, state media said on Friday, offering hints at the potentially dire scale of country’s first confirmed outbreak since the pandemic began.Some 187,800 people are currently being treated in isolation after a fever of unidentified origin has “explosively spread nationwide” since late April, the official KCNA news agency reported. North Korea confirms COVID-19 outbreak, imposes nationwide lockdown Around 350,000 people have shown signs of that fever, including 18,000 who newly reported such symptoms on Tuesday alone, KCNA said.
North Korea covid-19 symptoms reports
Aurora Cannabis to close Aurora Sky facility in Edmonton - globalnews.ca - Canada
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Aurora Cannabis to close Aurora Sky facility in Edmonton
third quarter results, Aurora Cannabis announced Thursday it would be closing its Aurora Sky facility in Edmonton.“We will continue to employ a talented team in Alberta, operate an Edmonton office and remain committed to our business in Canada as a whole,” Aurora Cannabis’ vice president of communications Michelle Lefler told Global News in an email.“This decision was not taken lightly. The company continues to make tough yet responsible changes to optimize our business to meet the challenges and opportunities of the cannabis industry and position Aurora for long-term global success.“Our patients and consumers in Alberta can continue to rely on Aurora as a provider of premium cannabis they trust,” Lefler wrote.“Aurora’s roots will always be in Alberta.
Canada president 2020 Provident
Mike Cirigliano - Doctors urge more COVID testing amid recent spike in cases - fox29.com - Aruba
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Doctors urge more COVID testing amid recent spike in cases
SOUTH PHILADELPHIA - Flags lowered to half-staff Thursday, as the U.S. commemorates 1 million lives lost to COVID, a grim milestone that once felt unthinkable. Doctors say it’s more important than ever to test when feeling sick.Penn Medicine’s Doctor Mike Cirigliano says at-home rapid antigen tests are the best bet to find out if a person has COIVID-19, especially as cases soar, again."I am literally seeing a higher number of patients in my practice than I ever have," Dr.
Mike Cirigliano Aruba testing doctor symptoms
Pennsylvania family files lawsuit against TikTok after attorney says girl died trying social media challenge - fox29.com - state Pennsylvania - state Delaware - city Philadelphia
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Pennsylvania family files lawsuit against TikTok after attorney says girl died trying social media challenge
PHILADELPHIA - A Delaware County family is suing TikTok after a young girl died while attempting a social media challenge they claim that she saw on the app. The family of 10-year-old Nylah Anderson, who died in December, filed a wrongful death lawsuit against the social media giant Thursday in Philadelphia. Attorney Jeffrey Goodman, a partner at the firm representing the Anderson family, called TikTok a "dangerously popular app" and warned that what happened to Nylah could happen to any child. "The nature of the lawsuit is that TikTok, through their algorithms, decided that it was a good decision to send a how-to video to a 10-year-old on how to asphyxiate oneself," Goodman said.He explained that TikTok is unique from other social media apps and websites like YouTube. TikTok's "whole business model," according to Goodman, centers around its ‘For You' page, a section of the app that procures content based on a user's viewing habits."With TikTok you see the videos that it puts in front of you and the purpose of the algorithm is to try and get users hooked," Goodman said.
state Pennsylvania state Delaware city Philadelphia death TikTok platform
Joe Biden - Narendra Modi - India logs 2,841 Covid cases, 9 death in 24 hrs; active caseload falls to 18,604 - livemint.com - Usa - India
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India logs 2,841 Covid cases, 9 death in 24 hrs; active caseload falls to 18,604
daily positivity rate has declined to 0.58% and the weekly positivity rate dipped to 0.69%, according to the ministry.
Joe Biden Narendra Modi Usa India covid-19 vaccine Health
Scott Small - Gunmen open fire on group standing outside Philadelphia gas station shop, police say - fox29.com
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Gunmen open fire on group standing outside Philadelphia gas station shop, police say
Authorities found over 20 spent shell casings following a shooting at a gas station Thursday night. PHILADELPHIA - Authorities say no one was hit by gunfire when at least three shooters opened fire on group standing outside a Philadelphia gas station shop on Thursday night. Officers from the Philadelphia Police Department were called to the 5300 block of Rising Sun Avenue around 9:30 p.m.
Scott Small reports Man Parke
Armed robber shot and killed; Police shoot man they say attacked officers; Another wet weekend - fox29.com
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Armed robber shot and killed; Police shoot man they say attacked officers; Another wet weekend
PHILADELPHIA - PHILADELPHIA - Police say an armed robber is dead after being shot by the man he was trying to rob in South Philadelphia Wednesday night.A 24-year-old man was smoking a cigarette outside his house on the 2200 block of South 6th Street when a man approached on a bicycle, according to police.He told police he pulled his gun on the suspected robber as he got off his bike and announced a robbery. Police say he has a valid permit to carry the gun.One shot was fired, hitting the suspect in the head.The suspect also allegedly pulled his gun firing one or two shots, which did not strike the victim.Police found the suspect, a man in his 20s or 30s, lying on the sidewalk with a gunshot wound to the head.Two semi-automatic guns were recovered from the scene, as well as the suspect's bicycle.
BLOCK Man Fighting
COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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