America

Billionaire Elon Musk reaches agreement to buy Twitter for $44bn

Billionaire Elon Musk reaches agreement to buy Twitter for $44bn

Billionaire, Elon Musk, has reached an agreement to buy Twitter for approximately $44 billion, the company has confirmed. Musk acquired the company at $54.20 a share, the same price named in his initial offer on April 14. “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 included with the release. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots,…
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Ukraine: Latest developments as EU, G7 hit Russia with new sanctions

Ukraine: Latest developments as EU, G7 hit Russia with new sanctions

As the Russia-Ukrainian war continues unabated with the fallout in talks between both countries, the European Union and G7 nations have imposed new sanctions on Russia, with Moscow facing criticism from several nations and global bodies. – New EU, G7 sanctions – The European Union approves an embargo on Russian coal — the first time the bloc has targeted the energy sector, on which they are heavily dependent — and the closing of its ports to Russian vessels. Earlier, leaders of the G7 biggest economies agree to ban “new investments in key sectors of the Russian economy, including the energy…
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