Hints and tips:
Related Special Reports
...Trading firm GTS will be the designated market maker for Reddit, having performed the same role with Twitter, Pinterest and Snap. Morgan Stanley and Goldman Sachs are the lead bankers on the deal....
...On Friday, WhatsApp head Will Cathcart wrote on X, formerly Twitter: “This @FT story is false. We aren’t doing this.”...
...The second-tier players — Twitter, Snap, Pinterest and Reddit — take the scraps....
...Or will Reddit end up like Twitter/X and Snap, which are big but not as big as Meta, and have struggled to turn users into money as efficiently as Meta has? What, broadly, has made the difference?...
...His histrionics and Twitter distraction aside, they have done very well even as the court decided that the board’s failures rendered that shareholder vote meaningless....
...For a free 30-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter....
...For example, under the FTC’s allegations, Twitter/X is not in the market....
...According to a report in Rolling Stone, Bloys and his team created fake accounts on Twitter, the social media site now known as X, to fight back at television critics online in 2020 and 2021....
...In 2022, to help fund his Twitter acquisition, Musk sold more than $20bn worth of his Tesla stock, and pledged even more for a $12.5bn margin loan though the latter was never executed....
...Though as a post-publication postscript we are obliged to note:https://twitter.com/elonmusk/status/1750995501560807465?...
...Mark Zuckerberg, chief executive of Meta (which has its own virtual reality headset app store) once mused that Twitter’s founders “drove a clown car into a gold mine and fell in”....
...In 2021 he asked whether he should sell more of his Tesla shares, while a year later he sought their views on whether to step down as head of Twitter, now renamed X, following his purchase of the platform...
...Even before the Twitter acquisition, Musk backed a series of ventures....
...McCormick had presided over litigation stemming from Musk’s initial attempt in 2022 to walk away from his $44bn acquisition of Twitter....
...(The FT has reported before about the Twitter board being sued a few years back for settling quickly with Elliott, a deal that included a convertible bond offering to private equity group Silver Lake that...
...Final Whistlehttps://twitter.com/MotherwellFC/status/1745113268056633521 Ever since actors Ryan Reynolds and Rob McElhenney took over Wrexham AFC, football clubs everywhere have been dreaming about finding...
...Musk’s stake in Tesla has dropped to about 13 per cent after he sold a significant portion to finance his $44bn acquisition of Twitter, which he renamed X....
...By buying and killing Twitter, Elon Musk has become its persona, its real-world avatar....
...further reading: Well, actually: Our ‘Dumb Money’ movie review Dumb Money film review —GameStop short-selling comedy hedges its bets GameStop: from YouTube to Wall Street to Hollywood in Dumb Money On Twitter...
...Twitter did not immediately respond to a request for comment....
...For a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on Twitter....
...Twitter co-founder Jack Dorsey failed to solve its moderation and profitability problems when he came back....
...For a free 90-day trial to the Unhedged newsletter go to: https://www.ft.com/unhedgedoffer Follow Ethan Wu (@ethanywu) and Katie Martin (@katie_martin_fx) on X, formerly Twitter....
...Perhaps, in toying with Twitter’s brand, Musk has made a more serious point after all....
...Chesky has promised as much on social media platform X, formerly Twitter. Airbnb recently released tools that let hosts see listings nearby to compare, and hopefully lower, their own rates....
International Edition