Last week Tesla CEO Elon Musk showed he had ostensibly lined up enough funds to take Twitter private as part of his $43 billion takeover offer for the social media app. But that wasn’t necessarily the case back in August 2018, when Musk shocked the business world by tweeting he had “funding secured” to take Tesla private at $420 per share during a tough patch for the electric vehicle maker. ...
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Linda Yaccarino May Have the Toughest CEO Job
Here’s a question: How long can someone stay as CEO of a company when the owner of that company is publicly repudiating what they’re saying? Take Linda Yaccarino, CEO of X, previously known as Twitter. On Wednesday, Elon Musk confirmed a report in The Information about layoffs at X’s election integrity team—Musk even went further than what we reported, saying the team was “gone.” Yet in an...
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