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Ashulia teacher killing: Prime accused Jitu arrested No teacher should have to suffer such barbarity Zero possibility of salt crisis during Eid: salt traders HC stays exemption of alleged rapist, orders to surrender before Nilphamari tribunal in 4 weeks Narcotics trade thriving despite law enforcers’ efforts Highest bid Tk 53 lakh for Range Rover at Ctg customs’ auction for 108 cars Video of biker “making away without paying” Padma Bridge toll goes viral North Bangladesh may see another flood after Eid Banks asked to open booths at cattle markets to detect fake notes Police FC beat Muktijoddha Sangsad Lyon bags five in spin battle at Galle After Padma Bridge, motorbikes might be banned on Dhaka-Mawa Expressway $68bn UK firm CEO quits job to “just sit at the beach, do nothing” Spike in Covid-19: No deaths, 2,241 cases reported in 24 hours; positivity rate 15.23% Bangladeshi company to invest $8.5 million in Uttara EPZ
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Tech & Startup

In a $44 billion cash deal, Elon Musk taking over Twitter

Reuters, New York
Tue Apr 26, 2022 01:25 AM Last update on: Tue Apr 26, 2022 01:36 PM
In a $44 billion cash deal, Elon Musk taking over Twitter
If we are to have an inclusive society, we can’t simply “cancel” those we don’t agree with. VISUAL: AFIA JAHIN

Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.

It is a seminal moment for the 16-year-old company that emerged as one of the world's most influential public squares and now faces a string of challenges.

For all latest news, follow The Daily Star's Google News channel.

Discussions over the deal, which last week appeared uncertain, accelerated over the weekend after Musk wooed Twitter shareholders with financing details of his offer.

Company in dark: Twitter CEO tells employees about future under Musk

Read more

Under pressure, Twitter started negotiating with Musk to buy the company at the proposed $54.20 per share price. read more

"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement.

Twitter's shares were up about 6% following the news.

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twitter / elon musk buying twitter / Elon Musk / tesla / Spacex / Twitter CEO / twitter bought / Twitter begins negotiating Elon Musk / Twitter begins negotiating Elon Musk’s $43b / Elon Musk offer Twitter
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