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Twitter plans to close deal with Musk on agreed terms, originally slated for $44 billion but now worth less than $30 billion

Twitter on Thursday said it intends to close the deal with Tesla CEO Elon Musk on agreed terms. Tesla CEO Elon Musk’s planned $44 billion deal to buy Twitter has plunged 7 percent after hours, people familiar with the matter said. Negotiations with investors have cooled in recent weeks, and Musk’s team has concluded that Twitter’s spam account data cannot be verified, people familiar with the matter said. It is worth mentioning that foreign media reported that Musk’s $44 billion deal plan to acquire…

Musk’s takeover of Twitter is in ‘serious jeopardy’, sources say

Tesla CEO Elon Musk’s $44 billion takeover of Twitter is in “serious jeopardy,” according to people familiar with the matter. Musk Musk’s team concluded that Twitter could not verify the number of its spam accounts, which has been a major complaint of Musk, according to people familiar with the matter. Musk’s camp has reportedly “stopped participating” in discussions to fund the deal. To raise the funds needed to buy Twitter, Musk has also brought in investors including Oracle founder Larry Ellison and the venture…

GameStop announces layoffs, starting with CFO

Video game retailer GameStop announced on Thursday that it has fired Chief Financial Officer Mike Recupero and cut jobs across divisions as part of an aggressive transformation plan. Recupero, who joined the company about a year ago, was “fired because he didn’t fit the company’s culture” and was “too laissez-faire,” a person familiar with the matter told the media. He was kicked out by GameStop Chairman Ryan Cohen, the person said. Diana Jajeh, the company’s chief accounting officer, will become the new chief financial…

Can’t charge after updating iPadOS 15.5? Apple launches investigation into iPad mini 6 charging issues

According to a memo to service providers obtained by MacRumors, Apple is investigating a more serious problem with users. Some users have reported that the iPad mini 6 may fail to charge after updating to iPadOS 15.5. Apple says some “iPad mini” users are unable to charge after installing the latest iPadOS 15.5 update. Apple’s recommendation is to reboot. Apple told service providers and retail employees that it could advise customers to restart their devices as a temporary fix if they were unable to…