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Nigeria’s gas revolution will lift West Africa’s energy

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Kano, Morocco sign $10bn energy, mineral development deal

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Tag: Elon Musk

X to offer paid users xAI chatbot - Musk
Business

Turkish board fines Elon Musk over Twitter purchase

The Turkish Competition Board has on Monday said Elon Musk will be fined over Twitter’s takeover without the board’s permission. Reuters reported that Turkey’s board decided to fine Musk an estimated value of 0.1 percent of Twitter’s gross income in Turkey in 2022. This publication recalls that the Billionaire, Elon Musk purchased Twitter on October […]

Elon Musk's X platform hits milestone
Business

Elon Musk becomes world’s richest man again

Tesla Chief Executive Officer, Elon Musk, has regained his title of the richest man in the world, after losing it for 82 days.   He had lost the title to French billionaire, Bernard Arnault, CEO, of LVMH Moët Hennessy Louis Vuitton, the world’s largest luxury goods company, on December 8, 2022, steming from controversies surrounding […]

Mark Zuckerberg beats Elon Musk in billionaire rankings
Business

Meta copied Twitter with Facebook, IG subscription plan – Users

Some users of Facebook and Instagram have said the Chief Executive Officer of Meta, Mark Zuckerberg, has copied Musk’s Twitter ads free paid subscription plan. This followed the announcement of the CEO on Sunday about its plan to begin a paid subscription service that allows users of Instagram and Facebook to verify their accounts. Recall […]

Elon Musk sues law firm over Twitter buyout charges
News

Elon Musk hints at Twitter sale by end of 2023

Twitter chief executive, Elon Musk, has hinted about a possible succession for his role in the company towards the end of the year.   In a tweet on Wednesday, Musk hinted that towards the end of this year would be a “good time” to find someone to succeed him as the chief executive of Twitter. […]

Tech

Buhari excited over Elon Musk’s Starlink services

Oluwanifemi Ojo   The President, Major General Muhammadu Buhari (retd.), has expressed his excitement over the unveiling of Elon Musk’s Starlink, a satellite internet provider, in Nigeria.   Buhari expressed his delight in a tweet on his verified page on Twitter on Thursday night.   The tweet reads, “We are delighted that Starlink services have […]

News

Musk sells $3.9bn Tesla shares after Twitter deal

Tesla boss and new Twitter CEO, Elon Musk, has sold another 19.5 million shares of the electric car maker worth $3.95bn.   This is coming less than two weeks after the world’s richest man completed his $44bn takeover of Twitter.   BBC reported that Tesla’s share price has fallen by more than 50% since the […]

X to offer paid users xAI chatbot - Musk
Oil and Gas

World needs oil, gas to survive – Elon Musk

Tesla CEO and the world’s richest person, Elon Musk, has reiterated the need for continued efforts to raise oil and gas exploration in the world. Musk stated this while speaking at a conference in Norway on Monday, according to Forbes. Reuters reported that Musk argued that civilization will crumble if the world stops the use of oil […]

Elon Musk discloses plans for self-driving cars
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Elon Musk sells $7bn Telsa shares amid Twitter buyout fray

Amid the legal battle with Twitter over his $44 billion buyout deal, the Chairman of Telsa, Elon Musk has sold about $7 billion worth of his electric car company shares. According to AFP, a legal filing published on the Securities and Exchange Commission’s website showed that Musk had on Tuesday sold Telsa shares after he […]

X to offer paid users xAI chatbot - Musk
News

Twitter stock falls as Elon Musk mocks lawsuit

Twitter stock fell Monday after Tesla chief Elon Musk ditched the $44 billion deal to buy the social media giant. According to AFP, the platform’s stock dropped 5.46 per cent on Wall Street, to $34.80 by around 7:05 am (11:05 GMT). It had lost 5.10 per cent before the weekend. Musk on Friday pulled the […]

X to offer paid users xAI chatbot - Musk
News

Twitter shareholders sue Elon Musk for ‘unlawful conduct’

Shareholders of social media giant, Twitter, have filed a lawsuit against Elon Musk on grounds of “unlawful conduct” aimed at sowing doubt about his intention to finalise the acquisition deal on the company. According to ABC News, the lawsuit filed late Wednesday in the U.S. District Court for the Northern District of California claims the […]

X to offer paid users xAI chatbot - Musk
Investment News

Elon Musk loses $11bn in one day

The wealth of the Chief Executive Officer of Telsa, Elon Musk, has plunged by 7% – a total of $11 billion in one day following bad stock sales pressures of his electric car company. According to Bloomberg Billionaires Index, the electric car company boss was worth about $193 billion after the Tuesday trading session. A […]