Archive | April, 2022

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Elon Musk reaches agreement to acquire Twitter for about 44 billion dollars

Billionaire Elon Musk has reached an agreement to acquire Twitter for approximately 44 billion dollars (£34.5 billion), the company said. The outspoken Tesla CEO, the world’s wealthiest person, has said he wants to buy Twitter because he thinks it is not living up to its potential as a platform for “free speech”. He says it […]

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Netflix shares drop 22% after it loses 200,000 subscribers

Netflix’s video streaming service suffered the first loss in worldwide subscribers in its history, deepening troubles that have been mounting since enjoying a surge from a captive audience locked down during the pandemic’s early stages. The company’s customer base fell by 200,000 subscribers during the January-March period, according to a quarterly report released on Tuesday. […]

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