Latest Jack Dorsey News

A timeline of billionaire Elon Musk's bid to control Twitter

Jun. 06, 2022 11:28 AM EDT

Elon Musk threatened Monday to call off his $44 billion acquisition of Twitter, accusing the company of refusing to give him information about spam bot accounts. Here’s a look at some of what’s transpired between the billionaire Tesla CEO and the social media platform. ...

Elon Musk revises Twitter financing plan; shares jump

May. 25, 2022 21:04 PM EDT

SAN FRANCISCO (AP) — Tesla CEO Elon Musk on Wednesday revised the financing plan for his proposed $44 billion purchase of Twitter, raising investor hopes that the unpredictable billionaire still intends to pull off a deal roiled by market turbulence and Musk’s not-entirely-explicable concerns...

Judge dismisses lawsuit against Musk, Tesla and Twitter fan

May. 20, 2022 16:52 PM EDT

SAN FRANCISCO (AP) — A federal judge in California has dismissed a securities fraud and defamation lawsuit filed by a Tesla investor against CEO Elon Musk, one of Musk's supporters and Tesla. In an order filed Thursday, Judge James Donato threw out the lawsuit by the investor,...

As Musk buyout looms, Twitter searches for its soul

May. 14, 2022 15:25 PM EDT

SAN FRANCISCO (AP) — A toxic cesspool. A lifeline. A finger on the world's pulse. Twitter is all these things and more to its over 229 million users around the world — politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with an...

As Musk buyout looms, Twitter searches for its soul

May. 14, 2022 15:24 PM EDT

SAN FRANCISCO (AP) — A toxic cesspool. A lifeline. A finger on the world's pulse. Twitter is all these things and more to its over 229 million users around the world — politicians, journalists, activists, celebrities, weirdos and normies, cat and dog lovers and just about anyone else with an...

Musk says he would reverse Twitter's ban of Donald Trump

May. 10, 2022 18:47 PM EDT

LONDON (AP) — Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership. Speaking virtually at an auto...

Wall Street, tech investors back Musk Twitter bid with $7B

May. 05, 2022 16:48 PM EDT

Elon Musk has strengthened the equity stake in his $44 billion offer to buy Twitter with commitments of more than $7 billion from a diverse group of investors including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison. A regulatory filing Thursday also said that Musk...

Will Musk’s hands-off ideal for Twitter have broad appeal?

Apr. 26, 2022 19:05 PM EDT

Coming up with $44 billion to buy Twitter was the easy part for Elon Musk. Next comes the real challenge for the world’s richest person: fulfilling his promise to make Twitter “better than ever” as a lightly regulated haven for free speech. His vision for...

Musk's 'free speech' push for Twitter: Repeating history?

Apr. 26, 2022 08:26 AM EDT

Elon Musk, the world’s richest man, is spending $44 billion to acquire Twitter with the stated aim of turning it into a haven for “free speech.” There's just one problem: The social platform has been down this road before, and it didn't end well. A decade ago, a Twitter...

Don't call him CEO: Jack Dorsey says he's 'Block Head' now

Apr. 23, 2022 19:25 PM EDT

SAN FRANCISCO (AP) — Technology entrepreneur and former Twitter CEO Jack Dorsey has a new title: Block Head. A regulatory disclosure Friday from digital payments company Block Inc. says that its co-founder Dorsey is changing his role from Block's CEO, president and chairperson to...