EUR/USD 1.16141
-0.097%
Gold 4434.77
-0.854%
Oil 89.430
-0.234%
USD/JPY 156.234
0.280%
GBP/USD 1.35183
-0.046%
GBP/JPY 211.206
0.242%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On September 7th, Iranian Parliament Speaker Mohammad Ghalibaf announced on Sunday that Iran would adopt a more aggressive military posture in its war with the United States. Ghalibaf stated in a post, "If they havent understood by now, then they should understand before its too late that the rules of the game have changed. From now on, any act that infringes upon Irans interests and security will be met with a faster, fiercer, and more painful response." He had previously warned that Irans retaliatory actions would no longer be "reciprocal." Ghalibaf also acknowledged that Iran is facing severe economic pressure under the comprehensive sanctions and "strangulation" and isolation efforts led by the United States. He said, "Sharp exchange rate fluctuations, inflation, unemployment, and market management are fundamental challenges that have placed enormous pressure on peoples livelihoods." He further stated that Iran must commit to strengthening domestic production and utilizing technology to "develop short-term and permanent solutions."September 7th - Clashes between Yemeni government forces and Houthi rebels in Taiz and Hodeidah provinces entered their fourth day on the 6th. According to medical sources from both sides, the fighting has resulted in at least 117 deaths. A senior medical official operating with government forces on the west coast stated on the 6th that since the conflict began on the 3rd, 54 government soldiers have been killed and many others wounded. The fighting continues to escalate with no signs of abating. Meanwhile, medical personnel at a Houthi-controlled hospital in western Hodeidah province reported that 63 Houthi fighters have been killed in the clashes.September 7th - The 26th China International Fair for Investment and Trade (CIFIT) will be held in Xiamen, Fujian Province, from September 8th to 11th. This years CIFIT has attracted over 1,200 government agencies and business delegations from 129 countries and regions and 30 international organizations.Jared Kushner, Trumps son-in-law: We are working with Hamas to move towards disarmament and have reached an agreement with Israel on the ultimate goal of the Gaza Strip plan.The UK Maritime Trade Operations Office reports that 59 vessels have passed through the Strait of Hormuz in the past 48 hours.

Twitter Accepts Elon Musk’s $44B Buyout; Elon Becomes Sole Owner

Cory Russell

Apr 26, 2022 09:53

Elon Musk paid $44 billion for Twitter's platform.


Shareholders will get $54.20 for each share they own, representing a premium of 38 percent.

On the basis of the upgrade, Dogecoin has risen by 25.8%.


Twitter confirmed the news today in a press statement, stating that the social media site has accepted Elon Musk's offer and has been sold to him for $44 billion in cash.


This is one of the most important events in Twitter's history, since each of its owners gained at least a 38 percent return on their shares, despite the fact that the company had made no net profit in the previous year.

Twitter SOLD to Elon Musk!

According to the press release, the formal deal would revert Twitter to a privately owned firm, with Elon Musk as the only owner.


According to the terms of the deal, each TWTR stockholder will get $54.2 for each shares they own.

This is a 38 percent premium over Twitter's closing price on April 1, the final trading day before Elon declared his 9 percent interest in the firm.


Elon's commitment to free expression reached a pinnacle when he made a $44 billion offer to acquire the whole firm. As a shareholder and member of the board, he was unable to make any significant changes to Twitter's policies.


After suffering shareholder pressure, Twitter eventually accepted the offer, despite initial reservations.


"Free expression is the backbone of a healthy democracy, and Twitter is the digital town square where things crucial to the future of mankind are argued," said Elon Musk, the new owner of Twitter. I also want to make Twitter better than it has ever been by adding new features, opening up the algorithms to boost trust, combating spam bots, and authenticating all people. Twitter has enormous potential, and I'm excited to work with the business and the Twitter community to realize it."


The sale, which is expected to be completed shortly, has no specific terms and conditions, and further information about the company's operations has yet to be released.

Musk Hosts a Dogecoin Party

DOGE joined the excitement as the DOGEfather became the owner of Twitter, his most powerful influence in the crypto realm, and rose by a massive 23.65% in the previous 24 hours.


Elon was having a talk about Dogecoin's future with the meme coin's inventor, Billy Markus, alias Shibetoshi Nakamoto, earlier today, according to FXEmpire, which helped to the surge.


However, now that Twitter is in Musk's hands, Dogecoin will experience more bullishness than it has ever seen before, sooner or later.

Suggestion