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Elon Musk
Company in the news
Musk revives US$44 bil Twitter bid, aiming to avoid trial
For Twitter, proceeding with Musk’s plan augurs a future under a mercurial billionaire.
October 05, 2022
Electric vehicles
Tesla slumps as deliveries disappoint due to shipping snarls
“Customer experience suffers when there is an end of quarter rush.”
October 03, 2022
Company in the news
Elon Musk says he was joking about buying Manchester United
'Is he joking, not joking, half-joking?'
August 17, 2022
Cryptocurrency
Tesla sells majority of stake in Bitcoin, adds US$936 mil of cash to its balance sheet
Elon Musk said that Tesla sold the Bitcoin to maximise its cash position because of uncertainty related to the Covid shutdowns.
July 21, 2022
Digital Economy
Musk's about-face on Twitter sends takeover saga to Delaware
If the judge rules against Musk, he could be forced to pay Twitter shareholders US$54.20 a share
July 11, 2022
Tech
Musk effort to void Twitter buyout sets up Delaware court fight
Following Musk’s disclosure, Twitter’s shares fell about 5% after the close of regular trading.
July 09, 2022
Tech
Elon Musk terminates US$44 bil Twitter deal over bot accounts
The entire deal has been a frenzied and untraditional affair, largely played out on Twitter’s own social network.
July 09, 2022
Digital Economy
Elon Musk says Twitter's lack of info on bots breaches merger deal
Musk wouldn't proceed with the US$44 billion takeover of Twitter unless it can prove bots make up less than 5% of its users
June 06, 2022
Global Economy
Briefs: DPM Heng warns retail investors against crypto; investors trying to get ahead of good news in China
Other news this week: US Fed’s Bullard sees 3.5% rates setting up cuts in 2023 or 2024
June 02, 2022
Digital Economy
Do superapps have a future?
Superapps have a role to play in the region’s digital economy and it is unlikely they will go away soon
May 26, 2022