Shareholders await Musk’s next move in Twitter takeover bid

DETROIT – Twitter has put a huge roadblock in Elon Musk’s effort to take over the company, leaving investors wondering about the mercurial Tesla CEO’s next move. The social media company has adopted a “poison pill” defense that makes it harder for Musk or any other investor to buy Twitter without board approval. Musk, who […]

Technology pushes markets higher as traders await Fed update

Stocks open on Wall Street on Wednesday with solid gains led by tech shares after Microsoft announced stunning results for its last quarter. The decisive rise in early trading after several days of volatile fluctuations has been a welcome relief as investors try to gauge whether the Federal Reserve will succeed in its new effort […]

Many pitfalls await Zuckerberg’s ‘metaverse’ plan

When Mark Zuckerberg announced his ambitious plans to build the “metaverse,” a virtual reality construct that aims to replace the internet, merge virtual with real life, and create endless new playgrounds for everyone, he promised “almost you can do it.” anything you can imagine.” It’s possible … Source link

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