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Elon Musk to address Twitter employees for first time this week

Elon Musk to address Twitter employees for first time this week
I think this is *** pretext for getting out of the deal. It's it's simply not credible that he didn't know this was an issue. He's *** very sophisticated investor and, and this has been *** problem disclosed in sec filings for years, Elon musk would have to pay *** billion dollars to get out of this deal, which isn't *** huge amount of money for the richest man in the world. Twitter has always been *** much greater um, figure in terms of cultural and political importance than it has been in in economic terms. It struggles to make *** profit. It's lost money in the last two years and the Ceo has been making changes in anticipation of this deal. Okay, when we get you behind me on the white line, he's an erratic character and he announces deals before he thinks them through. But I don't think it's just not credible that he didn't know this was an issue. Um, he talked about it as *** problem he wanted to fix. And he's friends with the founder and former ceo of twitter. So he's known for *** long time that this is *** problem
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Elon Musk to address Twitter employees for first time this week
Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday.Twitter CEO Parag Agrawal announced an all-hands meeting to employees in an email on Monday, saying they'd be able to submit questions in advance, according to The Wall Street Journal.Musk reached a deal to acquire Twitter in April, but he has clashed with the company repeatedly since then over the number of bots, or fake accounts, that exist on the social media platform. Musk said he was putting the deal on hold on May 13, saying he needed more data from the company about those bot accounts.It's not clear if this week's meeting means that the two sides have come closer together on resolving those issues. Shares of Twitter have been trading well below the $54.20 per share that Musk has offered amid on Wall Street that the deal will be consummated.Shares of Twitter Inc. rose almost 3% before the opening bell Tuesday to $38.02.Multiple outlets reported last week that Twitter planned to offer Musk access to its "firehose" of raw data on hundreds of millions of daily tweets.

Elon Musk will address Twitter employees Thursday for the first time since the billionaire and Tesla CEO offered $44 billion to buy the social media platform, the company said Tuesday.

Twitter CEO Parag Agrawal announced an all-hands meeting to employees in an email on Monday, saying they'd be able to submit questions in advance, according to The Wall Street Journal.

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Musk reached a deal to acquire Twitter in April, but he has clashed with the company repeatedly since then over the number of bots, or fake accounts, that exist on the social media platform. Musk said he was putting the deal on hold on May 13, saying he needed more data from the company about those bot accounts.

It's not clear if this week's meeting means that the two sides have come closer together on resolving those issues. Shares of Twitter have been trading well below the $54.20 per share that Musk has offered amid on Wall Street that the deal will be consummated.

Shares of Twitter Inc. rose almost 3% before the opening bell Tuesday to $38.02.

Multiple outlets reported last week that Twitter planned to offer Musk access to its "firehose" of raw data on hundreds of millions of daily tweets.