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fromjason.xyz | ||
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www.nytimes.com
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| | | | | In a regulatory filing on Friday, Mr. Musk said Twitter was in "material breach" of the acquisition agreement. | |
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www.theatlantic.com
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| | | | | That being in business with the richest man in history was a good bet. They could still be right. | |
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www.eliza-ng.me
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| | | | | Elon Musk's purchase of Twitter in October 2020 has been a major talking point in the tech world. Since then, the platform has faced a dramatic drop in its advertising revenue. This month, Twitter is due to make a payment of approximately $300m on its debt, but Musk believes that the company can cover this with its net cash position and overdraft. The situation is a precarious one for Twitter, as failure to make the payment could result in the company entering chapter 11 bankruptcy proceedings or having to renegotiate the debt. To avoid this, Musk needs to get advertisers back or rapidly increase subscriptions to Twitters' premium product, Twitter Pro. | |
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www.collectspace.com
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| | | NASA honored Apollo 11 commander Neil Armstrong by naming an operations building for the agency's Orion spacecraft after the first moonwalker. See how Armstrong's memory lives on here. | ||