Business

Twitter has reached an agreement for the billionaire Elon Musk to buy the social media platform in a $44bn (£34.6bn) deal. The announcement follows, what were reported to be, extensive discussions between Musk and Twitter’s board starting on Sunday that stretched into Monday. Musk announced an offer to buy the social media platform on 14
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Twitter is facing increasing pressure from shareholders to seek a deal with Elon Musk. The world’s richest man has offered to buy the social network for $43bn (£33.5bn) – and has accused the company of failing to uphold free speech. Twitter recently adopted a “poison pill” strategy in an attempt to resist a hostile takeover,
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EXCLUSIVE: There’s been a lot of biting rumors around STX Entertainment during the past four months, from a potential sale to Lionsgate to possibly filing Chapter 11. These are not coming to realization as the Hustlers and Bad Moms studio now can breathe a sigh of relief, having fully closed its sale to The Najafi Companies, with Birch
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Supermarkets across the UK have placed limits on how much cooking oil that customers can buy due to supply-chain problems caused by Russia’s invasion of Ukraine. Most of the UK’s sunflower oil comes from Ukraine, which has resulted in restrictions applying to that product as well as olive and rapeseed oils at some supermarkets. Tesco
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The European Union on Saturday announced a provisional agreement on the Digital Services Act which, according to the organization “will help to keep the digital space safe from illegal goods, content and services, and to protect fundamental rights online.” More practically, it should mean that massive tech companies like Meta, Google, Apple, Amazon and others
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Total compensation last year for Comcast chief executive Brian Roberts was $33.9 million, up 3.8% from $32.7 million the year before. Roberts pay package includes a salary of $3.2 million; stock awards of $13.5 million; option awards of $8.5 million; non-equity incentive plan compensation (cash bonus) of $8.6 million and other items worth close to
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