Elon Musk Invited to Discuss $44 Billion Twitter Deal in UK Parliament

  • 📰 NBCDFW
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

U.K. lawmaker Julian Knight sent Musk a letter requesting that he appear in Parliament to discuss his proposal to buy Twitter.

Known as the Online Safety Bill, the legislation would allow the media watchdog Ofcom to levy fines of up to 10% of a company's global annual revenue for violations. Tech executives also face possible jail time for repeated failure to cooperate with regulators.

The European Union's incoming Digital Services Act, meanwhile, would force Big Tech platforms to more rapidly pull illegal content and products from their services. Last week, EU officials

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GOOD FOR HIM!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 288. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Elon Musk Hints at Plans for Twitter on Met Gala Red Carpet, Gives Thoughts on FashionAt Monday’s night’s Met Gala on the Upper East Side of Manhattan, Elon Musk didn’t have any takes for the Twitter-verse to argue over, instead was seemingly honored to be walking the red carpet alongside his mother, Maye, and seeing all the other famous faces — but did offer his take on fashion
Source: NBCNewYork - 🏆 270. / 63 Read more »

Gov. DeSantis: Florida to make $15-$20M in profit when Twitter completes sale to Elon MuskGov. Ron DeSantis said on Monday that Florida stands to make a $15 to $20 million profit once Elon Musk completes his purchase of Twitter for $44 billion and takes it private. hotdogs gets your hotdogs Who care what he wants The state of FL invested in Twitter Stock for their retirement plan. The retirement plan stands to make a lot of money when Musk purchases Twitter because the stocks will increase in value. Wording it as if only DeSantis gains is misleading.
Source: wjxt4 - 🏆 246. / 63 Read more »

Breakingviews - Elon Musk Twitter coinvestors will be rare birdsWhen there’s a $44 billion merger in the offing, it’s natural that lots of investors kick the tires. With Elon Musk’s personal buyout of Twitter , however, it’s tough for managers of other people’s money – like private equity firms, for example – to justify investing alongside the Tesla chief executive.
Source: Breakingviews - 🏆 470. / 51 Read more »

Elon Musk Talks Buying Twitter, Bringing His Mom to the 2022 Met GalaThe billionaire and his mom made a stylish splash at the high-profile fashion event on Monday. Great job attacking him about his endeavors that are helping mankind and America. Your a joke ET.🤡📉 ok-babyokx Noble_award_Elonmusk
Source: etnow - 🏆 696. / 51 Read more »

Elon Musk hits Met Gala red carpet with mom Maye, shares Twitter visionElon Musk has arrived at the 2022 Met Gala. The Tesla CEO brought his mom Maye as his date. The 50-year-old world's richest man also shared his vision for Twitter. Tesla stockholders are suffering economic losses, and Elon Musk is on the red carpet. Don't support the psychopath Elon Musk. You too will be of the same kind. Twitter a platform for all, and for both sides right and left.
Source: FoxBusiness - 🏆 458. / 53 Read more »

WSJ News Exclusive | Elon Musk Said to Plan Taking Twitter Public Again LaterElon Musk said he plans to take Twitter public again within a few years of buying the social-media company, according to people familiar with the matter
Source: WSJ - 🏆 98. / 63 Read more »