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JUST IN: Elon Musk Offers To Buy Twitter

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JUST IN: Elon Musk Offers To Buy Twitter

Elon Musk is offering to buy Twitter.

The revelation on Thursday came just days after the Tesla CEO said he would no longer be joining the social media company’s board of directors.

Twitter Inc said in a regulatory filing that Musk, who currently owns slightly more than nine per cent of the company’s stock and is its biggest shareholder, provided a letter on Wednesday that contained a proposal to buy the remaining 91 per cent of shares.

Elon Musk offered $54.2 per share of Twitter’s stock, calling the price his best and final offer.

“I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” Musk said in the filing.

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“However, since making my investment I now realize the company will neither thrive nor serve this societal imperative in its current form. Twitter needs to be transformed as a private company.”

Later, Twitter said its board will evaluate an “unsolicited, non-binding” offer from Musk.

“The Twitter Board of Directors will carefully review the proposal to determine the course of action that it believes is in the best interest of the Company and all Twitter stockholders,” Twitter said as it confirmed it received Musk’s bid valuing the company at $43.4 billion.

The buyout offer from Musk, who also owns US aerospace company SpaceX, is just the latest development in his relationship with Twitter.

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The billionaire revealed in regulatory filings over recent weeks that he had been buying shares in almost daily batches starting January 31.

At that point, Twitter quickly gave Musk a seat on its board on the condition that he did not own more than 14.9 per cent of the company’s outstanding stock, according to a filing.

Musk’s 81 million Twitter followers make him one of the most popular figures on the platform, rivalling pop stars like Ariana Grande and Lady Gaga.

Shares of Twitter jumped 11 per cent before the market opened on Thursday.

 

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Source: GhArticles.com

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Blac Chyna Gets Baptized On Birthday As She Gives Life To Christ

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Blac Chyna Gets Baptized On Birthday As She Gives Life To Christ

Angela Renée, also known as Blac Chyna, says she is a born again Christian as she is baptized on her birthday.

The mother of two has turned a new age and has declared that she is now a born again Christian.

Despite her current court problems, which include allegations that she assaulted a woman in a pub, the reality star is eager for a new start.

She published a video of her baptism on her verified Instagram profile, claiming she’s now a born again Christian who plans to start over now that she’s devoted her life to Christ.

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Blac Chyna is an American model and socialite.

She originally rose to prominence in 2010 as the stunt double for Nicki Minaj in the music video for the song “Monster” by Kanye West.

Check out the video she shared below:

 

View this post on Instagram

 

A post shared by Blac Chyna 💋 (@blacchyna)

 

 

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Source: GhArticles.com

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Former Twitter CEO Jack Dorsey Reacts As Kendrick Lamar Visits Ghana

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Former Twitter CEO Jack Dorsey Reacts As Kendrick Lamar Visits Ghana

Ghanaians netizens are not the only ones who seem elated about American rapper, Kendrick Lamar’s arrival in Ghana as other foreign tabloids and personalities across the globe have reacted to his visit.

Award-winning American rapper Kendrick Lamar was reported to have been spotted in Ghana on GhArticles.com after photos of him relaxing at Capitol, a popular restaurant in Accra.

The reports carried photos and videos of Lamar supposedly with his entourage calmly seated at the lounge area of the restaurant in Accra, Osu.

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The photos garnered lots of reactions and sparked a lot of conversations on social media, Twitter precisely. A lot of the reactions expressed peoples excitement about Kendrick’s visit whilst others were curious to know the motive behind his arrival.

One of the photos shared on Twitter caught the attention of Jack Dorsey, the former CEO of Twitter, who retweeted the post on his timeline.

He simply urged Ghana to go higher as he captioned “Go” and attached the Ghanaian flag to it.

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Jack Dorsey’s love for Ghana has always been an evident after his visit to Ghana in 2019 for the ‘Year Of Return’.

Dorsey chose Ghana to be the headquarters of Twitter’s operations in Africa Two years after his visit.

 

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Source: GhArticles.com

 

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Pastor Sues Kanye West Over His Sermon On ‘Donda’ Track

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I'm Going To Be Homeless In A Year - Kanye West

Kanye West is getting dragged to court over one of his songs on “Donda” … because a pastor in Texas claims Yeezy sampled his sermon without his permission.

Ye is being sued by Bishop David Paul Moten, who claims Kanye filled out the song “Come To Life” with audio of Moten’s own religious speech.

In the document, obtained by TMZ, Moten claims his sermon is used for 70 seconds of the 5-minute, 10-second track … which is more than 20% of the song.

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Moten says his voice and sermon are used in the song intro and looped throughout the song … and he says it’s the latest example of Kanye and the music industry “willfully and egregiously sampling sound recordings of others without consent or permission.”

The pastor is also suing UMG Recordings, Def Jam Recordings and G.O.O.D Music and he’s going after all of them for damages.

 

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Source: GhArticles.com

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