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Elon Musk became Twitter Inc’s new owner on Thursday, firing top executives he had accused of misleading him. The proposed stake sale in IDBI Bank by the government may run into a regulatory obstacle on the issue of minimum public shareholding. Read more on these in our morning brief of top headlines.
Elon Musk takes control of Twitter, fires top executives, including Parag Agrawal
Elon Musk became Twitter Inc’s new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to „defeat“ spam bots on Twitter, make the algorithms that determine how content is presented to its users publicly available, and prevent the platform from becoming an echo chamber for hate and division. Read more
IDBI Bank’s proposed stake sale likely to run into regulatory hurdle
The proposed stake sale in IDBI Bank by the government may run into a regulatory obstacle on the issue of minimum public shareholding.
