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Twitter is suing Elon Musk for pulling plug on buyout

After seemingly joking about it earlier this year, Elon Musk made a bid to acquire Twitter in April 2022, offering $43 billion for control of the company. Shortly after, Musk put the deal ‘on hold' while awaiting accurate information on the number of spam bot accounts on the platform. Now, …

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Tesla prepares for ‘hard times’ by laying off 7% of its staff

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Elon Musk’s personal vendetta with the US Securities and Exchange Commission (SEC) didn’t hinder Tesla’s bottom line last year, as the company managed to make its first-ever quarterly profit. In order to maintain this trajectory throughout 2019, it seems as though Tesla is forced to implement some extreme cost-cutting measures, …

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