Jonathan Kanter, President Joe Biden’s nominee to lead the Department of Justice’s antitrust division sailed through his Senate confirmation hearing Wednesday, drawing bipartisan support for his pledge to vigorously enforce the antitrust laws in tech, agriculture, healthcare and other key sectors of the US economy. Kanter appeared on a panel alongside four federal judicial nominees but...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals. As Musk has...
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Twitter Valued at $20 Billion in New Employee Stock Grant
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