News

Elon Musk bought Twitter for $44 billion, but almost a third of it was in bank loans. He used a leveraged buyout strategy, which means Twitter, not Musk, is on the hook to pay back the loans.
Accountable Tech, a dark money group with links to Hillary Clinton's Onward Together nonprofit, has targeted Twitter advertisers amid Elon Musk's takeover of the social media company.
A Twitter VP told staff that the All-In podcast would provide layoff insights. The show, hosted by Musk's friends, issues a warning about the economy.
Elon Musk bought Twitter for $44 billion, but almost a third of it was in loans—and Twitter's on the hook to pay them back. This strategy, popular in the '80s, is called a leveraged buyout.For ...
Elon Musk’s X, formerly known as Twitter, has acquired a money transmitter license in the U.S. state of South Dakota, pushing forward the tech tycoon’s vision of transforming Twitter into an ...
Twitter’s finances are bleak, but Elon Musk would rather make it a money pit than allow it to buckle under.
Elon Musk said Twitter's still losing money, blaming "heavy debt" and lower advertising revenues. He's been trying to reinvent the platform after buying it for $44 billion last year.
After Elon Musk promised top creators would make money via a new ad revenue sharing program, Twitter Blue subscribers are getting notifications that they’ll finally start seeing payouts.
Mr. Musk faces financial challenges in owning Twitter. The site frequently loses money and took on $13 billion in debt for the blockbuster deal. By Lauren Hirsch Lauren Hirsch, who writes for ...