Twitter invited Elon Musk to join the board of directors on April 3, the day before Musk disclosed his 9% stake in the company, Twitter disclosed today in a securities filing. The filing revealed that Musk held extensive discussions with members of Twitter’s board about his interests in the company, including the possibility he might try and take Twitter private, in the week before he publicly...
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Silicon Valley’s Realtors, Like Its Bankers, Are Having a Tough Month
In early March, Ken DeLeon, founder of DeLeon Realty, a Silicon Valley–based brokerage that sold more than $1 billion in homes in 2021, called one of his venture capitalist clients to discuss the purchase of a $20 million–plus megamansion. The client was flip-flopping between a cash offer and a loan. “First Republic Bank has a 10-year loan at 4.65%,” DeLeon informed...
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UK Says Microsoft’s Activision Bid Won’t Harm Console Market, Dealing Blow to Sony
Heated Reaction in China to TikTok CEO’s U.S. Testimony
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