The last two years have been immensely successful for the artificial intelligence creators, as researchers and engineers show that AI can be applied to improve almost anything.
The Tesla billionaire who inked a deal to buy Twitter must still get the backing of shareholders and regulators to change the social media platform's content moderation policy.
The head of electric-vehicle maker Tesla also aims to increase Twitter's cash flow to $3.2 billion in 2025 and $9.4 billion in 2028, the New York Times reported.
Elon Musk, the CEO of Tesla, tweeted that he doesn't plan any further sales of the company's shares.
The maverick billionaire’s acquisition of the micro-blogging site for $44 billion is one of the largest buyouts in history, and is having a rippling effect on social media across all platforms.
Traders worry billionaire Elon Musk may not have enough money sitting around to fund his $21 billion cash contribution and could decide against selling some of his Tesla Inc shares to come up with it.
Musk promises a more lenient touch to police content on the social media platform where he — the world's richest person — promotes his interests, attacks critics and opines on a wide range of issues to more than 83 million followers.
Block Inc says its co-founder Jack Dorsey is changing his role from CEO, president and chairperson to “Block Head and Chairperson,” effective immediately.
The move comes days after Tesla CEO Elon Musk disclosed an offer to buy the company for $43 billion, or $54.20 per share.
Twitter unanimously decided to prevent Musk's purchasing the global social media company but Musk may not give up so easily as he is considering partnering with investors on the bid.
Investors are increasingly nervous that one of the richest men in the world, who is already leading several companies, is about to bite off more than he can chew as he eyes Twitter takeover.
The Tesla chief was named to join the Twitter board after buying a major stake in the firm and becoming its largest shareholder.
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