Latest news with #TwitterInc
The Verge
3 days ago
- Business
- The Verge
The company is pausing the feature 'while we work on making some improvements,'
X's encrypted DMs are being put on pause. according to a post. X, then Twitter, launched encrypted DMs in May 2023, but they had some limitations.
Bloomberg
08-04-2025
- Business
- Bloomberg
Musk Skips Deposition in Investor Lawsuit Over Twitter Buyout
Elon Musk stood up attorneys who flew to Washington to question him under oath in an investor suit alleging his on-again off-again move to buy Twitter Inc. in 2022 was a bid to manipulate its stock price, according to a court filing. California-based lawyers for the plaintiffs said in the filing that Musk's attorney told them 20 minutes after the scheduled time for his deposition April 3 that he wouldn't be attending. Despite a court order setting the deposition date, 'this was all for naught,' they said, adding that they're having difficulty rescheduling it.
Bloomberg
30-01-2025
- Business
- Bloomberg
Musk-Trump Bromance Turns X Debt From Burden to Asset for Morgan Stanley
Just a few months ago, Morgan Stanley was stuck with billions of dollars of unloved debt tied to Elon Musk's controversial 2022 buyout of social-media platform Twitter Inc. It took one election and a billionaire bromance to flip the script. Helped by Musk's singular relationship with President Donald Trump and the tech mogul's newfound proximity to the White House, Morgan Stanley is discovering that investors are drawn to the debt of the company now called X as it leads banks in marketing a $3 billion offering. Potential buyers who already got a peek at X's financials are seeing signs of a rebound. And as an added bonus, investors will gain exposure to the company's stake in Musk's artificial intelligence project, xAI.
