San Fransisco, U.S. | Xinhua | Tesla CEO Elon Musk has proposed to proceed with a deal to buy Twitter at the original price of 44 billion U.S. dollars, according to a financial filing on Tuesday. The offer came ahead of a trial scheduled at the Delaware Chancery Court on Oct. …
Read More »TWEETS: Museveni apologizes to Kenya
✳ Explains demotion of Muhoozi from UPDF Command ✳ Justifies promotion of son to General in the army Entebbe, Uganda | THE INDEPENDENT | “Dear Ugandans, the brotherly people of Kenya, and all East Africans. I greet all of you. I ask our Kenyan brothers and sisters to forgive us …
Read More »TWEETS: Maj Gen Kayanja Muhanga replaces Gen Muhoozi
Kampala, Uganda | THE INDEPENDENT & URN | A day after a controversial tweet angered Kenyans, Lt Gen Muhoozi Kainerugaba has been replaced as UPDF Commander land forces by Maj Gen Kayanja Muhanga. The tweet, that was a joke the Kenyans did not take lightly, indicated the Uganda army’s readiness to …
Read More »Elon Musk decides to terminate Twitter deal
San Fransisco, U.S. | Xinhua | Tesla CEO Elon Musk decided on Friday to terminate his 44 billion U.S. dollars deal to buy Twitter, blaming the company for withholding information on its number of spam and fake accounts. Musk’s lawyer claimed that Twitter failed to comply with its obligations in the …
Read More »Elon Musk’s Twitter test
If platform becomes too toxic, advertisers might leave altogether, jeopardising the its revenue COMMENT | ZACH MEYERS | With Elon Musk buying of Twitter for $44 billion, commentators are scrambling to understand what the “free speech absolutism” espoused by the world’s richest person will mean for the platform. But the …
Read More »Will Elon Musk turn activist at Twitter?
| THE INDEPENDENT | Elon Musk recently completed the purchase of 9.2% of Twitter’s stock and became the social media company’s largest shareholder. He was also offered a seat on the company’s board, which he declined. On one level, Musk’s investment seemed to make a lot of sense: Musk …
Read More »Elon Musk now owns Twitter
San Francisco, U.S. | THE INDEPENDENT | The Twitter, Inc. will take an offer of $44billion from billionaire, Tesla CEO Elon Musk. He will buy the social media company and make it private, it was confirmed on Monday. “Free speech is the bedrock of a functioning democracy, and Twitter is the …
Read More »Twitter adopts “poison pill” after Musk’s acquisition intent
San Francisco, U.S. | Xinhua | Twitter, Inc. on Friday announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan following an unsolicited, non-binding proposal to acquire Twitter by Tesla CEO Elon Musk. The Rights Plan, often called the “poison pill”, will reduce the likelihood that …
Read More »Elon Musk offers to buy Twitter for 43 bln USD
San Francisco, U.S. | Xinhua | A filing with the U.S. Securities and Exchange Commission (SEC) on Thursday showed that Elon Musk has made an offer to buy Twitter. The billionaire has said he is willing to pay 54.20 U.S. dollars per share to buy 100 percent of the company. The …
Read More »We cannot confirm authenticity of MP Zaake’s twitter, facebook accounts: UCC
Kampala, Uganda | THE INDEPENDENT | The Uganda Communications Commission-UCC has told the Rules, Privileges and Discipline Committee of parliament that they cannot verify and confirm the ownership and authenticity of the Facebook and Twitter accounts of Mityana Municipality MP Francis Zaake. The committee chaired by Bugweri County MP Abdu Katuntu, …
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