Elon Musk tops Forbes list of 400 wealthiest Americans
WASHINGTON: Tech billionaire Elon Musk topped Forbes’ list of the 400 wealthiest people in the United States on Tuesday, far outstripping the country’s second-wealthiest person. The magazine estimated Musk’s net worth at more than US$251 billion, far beyond second-place holder, Amazon founder Jeff Bezos. Forbes said the ex-Amazon CEO is worth roughly US$151 billion, Anadolu […]
Twitter sues Elon Musk for contract breach
SAN FRANCISCO: Twitter on Tuesday sued Elon Musk for breaching the $44 billion contract he signed to buy the tech firm, calling his exit strategy “a model of hypocrisy,” court documents showed. The suit filed in the US state of Delaware urges the court to order the billionaire to complete his deal to buy Twitter, […]
Twitter purchase will not go ahead without clarity on spam accounts
NEW YORK: Billionaire Elon Musk on Tuesday said his purchase of Twitter would not go ahead unless he was assured that fewer than five per cent of accounts on the platform were fake. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%. “This deal cannot move forward until he does,” tweeted Musk, who has […]
