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Twitter, Inc. was an American social media ... and the selling price was reported at $1.05 billion. ... Twitter's stock was suspended from trading prior to the New ...
v. t. e. Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 28, 2022. Musk stated he intended to buy Twitter to build X, an "everything app" he had been developing since 2018 to mimic the Chinese app WeChat. [ 1]
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [16] Later that month, Musk applied to merge X Holdings I with X Holdings Corp. and Twitter, Inc. with X Corp. [7] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
In early 2023, Twitter Inc., the platform’s parent company, became X Corp. Then, just over 17 years after Twitter went public, Musk started tweeting that it was time to rebrand the platform to X .
Jack Patrick Dorsey (born November 19, 1976) [3] is an American Internet entrepreneur, philanthropist, and programmer, who is a co-founder and former CEO of Twitter, Inc. from 2015 until 2021, as well as co-founder, principal executive officer and chairperson [4] of Block, Inc., which is the developer of the Square financial services platform.
Twitter acquires with $532 million in stock TellApart, an ad technology company with rich user profiles, and partners with DoubleClick, Google's ad exchange. [108] [109] [110] 2015: April 28: Financial: Twitter shares fall in price by about 18% based on their disappointing quarterly revenue ($436 million), earning, and user growth numbers.
Price (USD) Category Background information References 1 July 15, 2008: Summize Social search US: Summize was a search engine founded by Jay Verdy. [1] Using Twitter stock to fund the takeover, Twitter announced in July 2008 it had acquired Summize. Summize had six employees, all of whom joined Twitter except for Verdy. [1]
Logos for Chewy Inc. are displayed on the trading floor on the morning of the company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2019.