Tesla CEO Elon Musk is offering to buy Twitter. He says the social media platform he has criticized for not living up to free speech principles needs to be transformed as a private company.
Elon Musk is joining Twitter's board of directors, one day after it was disclosed that the Tesla CEO took a 9% stake in the social media platform.
The ultimate aim of Musk's purchase worth $3 billion is not clear, yet in late March Musk, who has 80 million Twitter followers, questioned free speech on Twitter and whether the platform is undermining democracy.
Take-Two Interactive, maker of Grand Theft Auto and Red Dead Redemption, is buying Zynga, maker of FarmVille and Words With Friends, in a cash-and-stock deal valued at about $12.7 billion.
Dorsey has faced criticism from investors about his management, particularly his decision to concurrently serve as CEO of another company he founded, the payment firm Square.
It is the culmination of an arduous, years-long reshaping of a symbol of American manufacturing might that could signal the end of conglomerates as a whole.
The announcement follows a investigative series by The Wall Street Journal which reported that Facebook was aware that the use of Instagram by some teenage girls led to mental health issues and anxiety.
The president of Activision's Blizzard Entertainment is stepping down weeks after the maker of video games like "World of Warcraft" and "Call of Duty," was hit with a discrimination and sexual harassment lawsuit.
In an Instagram post early Monday, Bezos said he, his brother, and the winner of an ongoing auction, will be aboard Blue Origin’s New Shepard spacecraft when it launches on July 20.
Nasdaq is seeking U.S. authority to require more diversity in the board rooms of Nasdaq-listed companies.
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