Spotlight
What Elon Musk at Twitter might mean for users
Tesla CEO Elon Musk now has a 9% stake in Twitter and a seat on its corporate board of directors, raising questions about how the billionaire business magnate could reshape the social media platform.
Twitter said in a statement Friday that its board of directors has unanimously adopted a "poison pill" defense in response to Tesla CEO Elon Musk's proposal to buy the company and take it private.
Twitter and Musk negotiated over his bid to buy the social media platform, The New York Times reported, less than two weeks after the billionaire first revealed a massive stake.