FG has stated that there is no plan to ban Twitter on any other social media platform in Nigeria. EKO HOT BLOG reports that the Nigerian government has said it has no intention of banning any social media platform in the country again. The Minister of Information, Alhaji Lai Mohammed, stated this at a news … Read more
Twitter has launched an $8 monthly subscription service with its signature blue tick. Eko Hot Blog reports that Twitter has launched a subscription service allowing users to buy blue-tick verification for a monthly fee of $7.99 (N3,515). EDITOR’S PICKS UNICEF To FG: Do Everything Possible To Rescue Children Abducted In Katsina Terrorists Release Children Abducted … Read more
Twitter’s new owner Elon Musk has defended sacking about half the company’s workforce, saying he had “no choice” as Twitter was losing more than $4m (£3.5m) a day. Eko Hot Blog reports that a tweet from Yoel Roth, Twitter’s head of safety and integrity, referred to “approximately 50% cuts company-wide”. EDITOR’S PICKS Governors Delaying Action … Read more
Twitter says it will inform its staff on Friday about whether they will be laid off following the firm’s takeover by Elon Musk. In an internal email, the social media company said the cuts are “an effort to place Twitter on a healthy path”. Eko Hot Blog reports that the firm added that its offices would … Read more
It looks unlikely that Donald Trump is going to have his Twitter account back before the midterms in six days. Eko Hot Blog reports that the new Twitter owner, Elon Musk says that it will be “a few more weeks” before any banned accounts are restored. EDITOR’S PICK War: EU Nations Prepare To Fight Off … Read more
Elon Musk has said Twitter will charge $8 (£7) monthly to Twitter users who want a blue tick by their name indicating a verified account. Eko Hot Blog reports that as part of changes after a $44bn (£38bn) takeover of the social media site, Mr Musk said it was “essential to defeat spam/scam”. EDITOR’S … Read more
Elon Musk has completed his Twitter takeover, immediately firing some top executives. Eko Hot Blog reports that the Tesla and Space X CEO, Elon Musk, has completed his $44 billion deal to buy the social media giant, Twitter. EDITOR’S PICKS Elon Musk Stages $43bn Hostile Takeover Of Twitter Elon Musk Backs Out Of $44bn Twitter … Read more
A court has given Elon Musk and Twitter a deadline to close the company’s buyout. Eko Hot Blog reports that Chancellor Kathaleen St. Jude McCormick, head of the Delaware Chancery Court, has given Tesla CEO, Elon Musk, and Twitter more time to close the billionaire’s $44 billion deal to buy the social media company. EDITOR’S … Read more
Elon Musk has reversed his previous position and proposed to buy Twitter at original price. Eko Hot Blog reports that billionaire business mogul, Elon Musk, has made a U-turn in his efforts to buy Twitter. EDITOR’S PICK Elon Musk Stages $43bn Hostile Takeover Of Twitter Elon Musk Backs Out Of $44bn Twitter Deal Elon Musk … Read more
Twitter Shareholders Endorse $44bn Musk Deal EKO HOT BLOG reports that Twitter’s shareholders have voted to approve a deal with Elon Musk to buy the company for $44bn (£38bn). The decision was made in a short conference call with investors from the company’s San Francisco headquarters. EDITOR’S PICK 2023: Peter Obi Finally … Read more
Elon Musk Subpoenas Jack Dorsey Ahead Of Twitter Court Battle EKO HOT BLOG reports that Elon Musk has launched legal action to summon Twitter former CEO and co-founder Jack Dorsey to appear in court as part of his legal battle with the tech company. Musk is seeking to end his $44bn deal for … Read more
Elon Musk Sells $7bn Worth Of Tesla Shares EKO HOT BLOG reports that Tesla CEO, Elon Musk sold nearly 8 million shares of Tesla, raising almost $6.9 billion in recent days according to filings with the Securities and Exchange Commission late on Tuesday, Aug. 9. The sales came as Musk tries to wriggle out of … Read more
Twitter Accuses Elon Musk Of Making Up Excuses To Thwart Deal EKO HOT BLOG reports that Twitter on Thursday said the notion Elon Musk was “hoodwinked” into inking a $44 billion buyout deal defies reason and the facts. EDITOR’S PICK Elon Musk Backs Out Of $44bn Twitter Deal Elon Musk Stages $43bn Hostile … Read more
Musk has since changed his mind about the purchase, and a court date is now set for October because Twitter wants to force through the sale Twitter has doubled-down on its position on the amount of spam and fake accounts on the platform – the reason Elon Musk had given for terminating the deal EDITOR’S … Read more
Musk walked away from his $44bn (£36bn) bid to buy Twitter earlier in July, prompting the company to sue him Twitter hopes that the court will order Musk to complete the takeover at the agreed price of $54.20 per share EDITOR’S PICK [VIDEO] Singer Portable Confesses To Founding Lagos Armed Robbery Gang ‘One Million Boys’ … Read more
Twitter has asked a Delaware court to order Musk to complete the merger at the agreed $54.20 per Twitter share The lawsuit went on to accuse Musk of “a long list” of violations of the merger agreement that “have cast a pall over Twitter and its business” EDITOR’S PICK Elon Musk Backs Out Of $44bn … Read more
Musk on Friday pulled the plug on the deal, accusing the company of “misleading” statements about the number of fake accounts Musk’s effort to terminate the deal that he inked in April sets the stage for an epic court battle over a billion-dollar breakup fee EDITOR’S PICK Elon Musk Backs Out Of $44bn Twitter Deal … Read more
Elon Musk on Friday pulled the plug on the deal, accusing the company of “misleading” statements about the number of fake accounts, according to a letter from his lawyers His effort to terminate the deal that he inked in April sets the stage for an epic court battle over a billion-dollar breakup fee EDITOR’S PICK … Read more
Musk’s $44 billion deal was confirmed in late April after he spent nearly three months buying up Twitter shares to increase his stake in the company At the time, the billionaire said he wanted to “make Twitter better than ever by enhancing the product with new features EDITOR’S PICK Ukraine War: West Must ‘Prepare For … Read more
Musk has said he believes spam and fake accounts represent a far greater share than the less than 5% of daily users that Twitter reports publicly The dispute has raised more doubts about the future of the takeover, which Twitter’s board approved in April EDITOR’S PICK Ukraine War: West Must ‘Prepare For War’, Says Ex-Nato … Read more