Innovation

Social Media

It's not unusual for an assailing investor like Elon Musk to attack the board. It's much stranger for cofounder Jack Dorsey, a board member, to publicly criticize the board.

Twitter's board has indicated it doesn't want to sell the company to Elon Musk. Now, even more than in most corporate dramas, anything truly seems possible.

Twitter announced Friday that it has decided to adopt a limited duration shareholder rights plan, known as a “poison pill,” in response to Tesla CEO Elon Musk’s $43 billion acquisition offer a day earlier.

After weeks of delays and $75,000 in fines, Alex Jones sat for a two-day deposition which his lawyer described as contentious and difficult.

The move comes a day after Musk’s unsolicited $43 billion offer to buy the company.

Uncertainty around Musk’s offer to buy Twitter is a “downside risk,” according to experts.

Facebook stock faces a permanent change due to third-party data being a significant source of revenue. Facebook’s business model is fairly complex in how the company collects data, which is why investors are not able to differentiate between Facebook and how other mobile ad companies ... READ MORE

Twitter could run out of options and need to find a so-called white knight, a friendly buyer that it views as more suitable than the electric-car mogul.

While in the past, reports of the demise of a warship may have often been "greatly exaggerated" – to paraphrase Mark Twain – in the era of social media, it could be far easier to confirm an enemy's vessel's destruction.

Tesla’s billionaire CEO Elon Musk, who submitted a $43 billion bid to buy Twitter on Thursday, said later in the day at a TED conference in Vancouver that he has “sufficient assets” to buy the social media company and already has a “Plan B” ready.