Twitter's chronology of events leading up to Musk's takeover bid makes clear that the board was aware of all of Musk’s plans well before any of them became public.
The direct-to-consumer eyewear seller was hit hard by the Omicron variant in the first quarter of the year. Still, the company is betting on its continued brick-and-mortar expansion to increase its sales and drive down marketing costs.
The Tesla CEO had earlier said that his $44 billion deal to buy Twitter was "temporarily on hold," even though he was still committed to the acquisition.
Lightspark is Marcus’s first venture since working at Facebook, now known as Meta Platforms, where he first oversaw Facebook messenger and later headed its crypto efforts.
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