Elon Musk

Elon Musk has put the current value of Twitter at $20 billion, less than half the $44 billion he paid for the social media platform just five months ago, according to an internal email seen by American news media.

According to an internal email seen by US media, Elon Musk has put Twitter's current value at 20 billion US dollars, less than half of the 44 billion he paid for the social media platform just five months ago.

Türkiye's competition watchdog said on March 6 it was fining Twitter owner Elon Musk for taking over the social media platform without first seeking the watchdog's permission.

The Turkish Competition board said the billionaire would be required to pay 0.1% of Twitter's gross revenues in Türkiye in 2022, without providing a figure for the fine.

Tesla head Elon Musk met with senior White House officials on Jan. 27 to discuss the Biden administration's push to grow the electric vehicle market, Press Secretary Karine Jean-Pierre said.

"That meeting did happen today," she told reporters.

The Facebook and Instagram accounts of former US President Donald Trump will be reinstated by Meta after a ban of two years, according to New York Times.

Elon Musk on Jan. 23 told jurors that his 2018 tweet about taking Tesla private at $420 a share was no joke and that Saudi Arabia's sovereign wealth fund was serious about helping him do it.

Twitter boss Elon Musk announced in a series of tweets on Jan. 21 that the company's subscription service would show less advertising to users, including an ad-free tier.

The announcement comes as the social network has faced major economic uncertainty since its takeover by Musk in October.

About 80% of the employees of the American company Twitter, which owns the social network of the same name, have been fired or left of their own accord after the company was acquired by the entrepreneur Elon Musk, reported CBS television, quoted by BTA.

A Twitter bird statue fetched $100,000 on Jan. 18 as Elon Musk auctioned off furniture, decorations, kitchen equipment and more from the tech firm's downtown San Francisco headquarters.

 A nine-person jury was seated Tuesday to hear a trial that will determine whether Tesla CEO Elon Musk cheated investors by asserting in 2018 tweets that he had lined up financing to take the electric automaker private.