Friday, May 6, 2022

Elon Musk's $44 Billion Twitter Buyout Reportedly Faces US Antitrust Review

The US Federal Trade Commission (FTC) is reportedly reviewing Elon Musk's $44 (roughly Rs. 3,37,465 crore) billion takeover of Twitter, said a person familiar with the deal. The agency is said to decide in the next month whether it will do an in-depth antitrust probe of the proposed transaction. Such a probe would delay the deal's closing by months.

from Gadgets 360

No comments:

Post a Comment

Apple Considering Using AI to Design its Chips, Technology Executive Says

Apple is interested in tapping generative AI to help speed up the design of the custom chips at the heart of its devices. Johny Srouji, Appl...