Elon Musk Being Sued By Twitter Inc Shareholders For The Delay In Publicizing His Twitter Stake

Tom Brady took to social media to ask for a special request from the world’s richest man Elon Musk if the mogul successfully purchases Twitter.Musk has a staggering net worth of approximately £200 billion, and he is looking to become the sole owner of the mammoth social media network after originally becoming a shareholder in April. He became the largest shareholder in the company as he bought a 9.2% stake.On April 4, Musk agreed a deal that would see him appointed to Twitter’s board of directors while also stopping him from acquiring more than 14.9% of the company - but Musk decided not to join the board before his appointment was confirmed.

Manchester United fans are pleading with Tesla owner Elon Musk to buy the club from the Glazer family.

Elon Musk has confirmed his interest in becoming the outright owner of Twitter and says he has submitted a bid to purchase the social media company. Musk says he feels he can unlock the "extraordinary potential" of Twitter, which he bought a 9.2% stake in just 10 days ago. Musk, the world's richest man through his business interests in Tesla and SpaceX, used Twitter to share a link to a regulatory filing on Thursday, confirming that he had launched a takeover bid.

Billionaire Elon Musk has offered to buy Twitter for about US$41 billion in cash, saying the social media company he has often criticized needs to go private to see effective changes.

Tech billionaire Elon Musk has made an offer to acquire Twitter for $54.20 a share – valuing the social media giant at $41.4BN.

Patrick Frater Asia Bureau ChiefElon Musk, the controversial billionaire, has made an offer to buy all of social media group Twitter for $43 billion, according to a filing made Thursday morning.The move comes just days after the Tesla pioneer revealed that he had bought a 9% stake in the company and followed that by announcing that he would join its board of directors. That quickly proved unpopular and Musk and the board did a U-turn, announcing it for the best that he did not form part of the boardroom.

Elon Musk has been filed with a lawsuit by Twitter investors for failing to disclose that he had bought a substantial stake in the company.The Tesla chief revealed on April 4 that he had acquired a 9.2 per cent stake in the social media platform.Shares in Twitter soared as investors viewed the move as a vote of confidence, according to The Guardian.But federal trade laws require that investors notify the US Securities and Exchange Commission (SEC) after surpassing a 5 per cent stake in a company within 10 days. Musk acquired his shares on 14 March but did not make that public until over two weeks later.A new lawsuit filed in New York yesterday (April 12) alleges, in the time between passing the 5 per cent threshold and publicly reporting, Musk was able to buy up additional shares at a deflated price.Experts estimate that the delay may have resulted Musk netting $156million (£120million), according to The Washington Post.The lawsuit seeks class action status on behalf of investors who sold Twitter stock during that time who claim they lost out on gains they would have been aware of had Musk disclosed his stake earlier.After Musk disclosed his stake, Twitter shares rose 27 percent from $39.31 to $49.97.

Twitter shareholders are going after Elon Musk.

William Earl Elon Musk is facing a federal lawsuit from a group of Twitter shareholders who claim the Tesla founder failed to properly disclose his purchases of the social media giant’s stock.The suit filed Tuesday in U.S. Southern District of New York asserts that Musk was 10 days late in filing his legally mandated disclosure form after amassing more than 5% of Twitter shares with a buying binge that started in January.The suit, filed by Marc Bain Rasella, asserts that Musk had reached the 5% disclosure threshhold by March 24 but he didn’t file the proper paperwork until April 4.

The Times: "We live in a world without context."I didn’t know Johnny when he was married to Amber. I knew him before.

Elon Musk has decided not to join the board of Twitter.His appointment was due to take effect over the weekend after he bought a 9.2 per cent stake in the social media platform last week.But the company’s chief executive Parag Agrawal has today (April 11) announced that Musk “has decided not to join our board”.“The Board and I had many discussions about Elon joining the board and with Elon directly,” he wrote in a lengthy tweet. “We were excited to collaborate and clear about the risks.

Tesla CEO Elon Musk won’t be joining Twitter’s board of directors as previously announced. The tempestuous billionaire remains Twitter’s largest shareholder.

Billionaire Elon Musk has always been unpredictable, and once again, he delivered a surprise.

One of the most surprising people set to to testify in the defamation trial for Johnny Depp and Amber Heard is Tesla CEOElon Musk. Elon is expected to testify via video call during the trial, via court documents. The SpaceX founder has been subpoenaed to turn over all communications that he had with Amber about her ex-husband, as well as all the messages from various points in their alleged relationship. Many texts are expected to be read and released as a result of the trial. Find out all the details about why Elon is being called on to testify here.

After the back-to-back knockouts of “Free Solo” and “The Rescue” — the former earning them an Oscar, the latter unceremoniously snubbed last year — Jimmy Chin and Elizabeth Chai Vasarhelyi turn to the sky in their new Netflix documentary “Return to Space.” Unfortunately, the married duo stumble in their profile of Elon Musk, SpaceX, and the 2020 manned Dragon Demo-2 launch.

AFTER 15 years of Twitter users begging for an edit button with little success, it took about 15 minutes for the social media company to make a U-turn – once its newest shareholder Elon Musk posted a poll asking if users wanted it. The website has never had the option to edit tweets, meaning users are forced to delete posts, leave typos up or – in some cases – claim they were hacked.

Rihanna, Jay-Z and Kanye West have all made their debut on Forbes’ billionaire list alongside the world’s top earners.According to the annual list, Rihanna has now become the world’s richest female musician with a net worth of $1.7billion (£1.3bn), largely thanks to her Fenty Beauty business and Savage X Fenty lingerie line.She sits at number 1,729 on the worldwide list of richest billionaires, with Jay-Z following at 2,076 with a net worth of $1.4bn (£1.1bn), and Kanye, who sits at 1,513.At the very top of the list is Tesla and SpaceX CEO Elon Musk, whose net worth is estimated to be a huge $219billion (£167bn).Second is Amazon boss Jeff Bezos, who is worth almost $50bn (£38bn) less than Musk with $171bn (£130bn).2,668 billionaires made the final list, down from 2,755 last year, with the collective worth down from $13.1trillion (£10tn) to $12.7tn (£9.7tn).See the full list here.Here's this year's definitive list of the World's Billionaires: https://t.co/UcFKZr1Ky3 #ForbesBillionaires pic.twitter.com/noTOhpYJ9t— Forbes (@Forbes) April 5, 2022Last year, Forbes shared a report claiming that Kanye West is worth less than one third of the amount he claimed.Back in March 2021, West’s Yeezy deal with Gap was set at $970million (£697million), reportedly bringing the rapper’s net worth up to an estimated $6.6 billion (£4.7billion).It came after West was revealed to sit only behind Jay-Z as the world’s richest rapper. Last April, after Forbes reported that the rapper was worth $1billion, West disputed the claim, instead insisting that his net worth was actually $3.3billion (£2.6billion).After the reports of West’s worth being over $6bn, Forbes shared an article disproving the claim.

No joke: Twitter has confirmed that it’s working an edit feature which would allow users to tweak their tweets after posting. The social media platform had initially revealed the news in a one-line tweet on April 1, but it was widely interpreted as an April Fool’s gag (it didn’t help that when asked about the seriousness of the post, Twitter’s response at the time was: “We cannot confirm or deny, but we may edit our statement later”). On Tuesday, the communications team tweeted that the company has in fact been developing the feature since last year — and in a winking reference to new board member, Elon Musk, said that the idea did not come from a poll.

Kim Kardashian and Kanye «Ye» West are among the 2,668 billionaires across the world. On Tuesday, released its annual billionaires list and the exes each earned a spot for the second year in a row.West came in ranked 1,513 on the list, jumping up more than 200 spots from his place last year. The rapper's $2 billion fortune is credited largely to his lucrative multi-year deal to design sneaker brand Yeezy for Adidas.As for Kardashian, she came in at No.

The latest documentary from Netflix charts the rise of SpaceX and Elon Musk’s two-decade effort to resurrect America’s space travel ambitions. Return to Space offers an intimate portrait of the engineers and astronauts for the first crewed mission launched from U.S. soil since the retirement of the Space Shuttle in 2011.

Elon Musk is officially joining Twitter‘s board.