Elon Musk today scrapped the remaining $6.25 billion in margin loan commitments backed by his Tesla holdings that he was using to finance his $44 billion takeover of Twitter, according to a securities filing . The move increases the amount of equity Musk needs to secure the deal to $33.5, but takes pressure off of Tesla stock which has plummeted since the Twitter deal was announced in late...
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The Briefing Enterprise Amazon
Roe Ruling’s Repercussions for Tech; Zendesk’s Fit of Pique
What a week! Tech business news has been relatively scarce in recent days—but today’s Supreme Court decision overturning Roe v. Wade will have repercussions for all businesses. For the tech industry, which has been spreading outside the San Francisco Bay Area and New York for the past couple of years as remote work has become widely available, the ruling makes operating in states with abortion...
Congressional Report Says Robinhood Understated Liquidity Problems During Meme Stock Craze
Zendesk Agrees to $10.2 billion Buyout Months After Rejecting Higher Bid
Meta Plans To Shut Down CrowdTangle Tool
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