In a bid to prevent Elon Musk’s takeover effort, Twitter has unveiled a limited-duration shareholder rights scheme. Elon Musk, Tesla’s CEO and the world’s wealthiest man, had proposed to acquire the social media network for $43.4 billion, saying he wanted to unleash its “amazing potential” to encourage free speech and democracy throughout the globe By … Read more
Tesla leader Elon Musk has launched a adversarial takeover bid for Twitter, insisting it turned into a “great and very last offer” and that he was the handiest person capable of unlocking the total ability of the platform. Musk offered $54.20 a percentage, which values the social media firm at $43.4 billion, in a submitting … Read more
RIYADH: The cryptocurrency market is witnessing sharp declines in the past few hours, CNBC Arabia reported. Bitcoin, the world’s largest cryptocurrency, fell by more than 5 per cent in the past 24 hours to trade near levels of $57,000, its lowest level since Oct. 13. The Ethereum currency also fell by about 7 per cent during the … Read more
KARACHI: Avanceos Limited has notified the bourse that the Securities and Exchange Commission of Pakistan (SECP) has accorded approval to Octopus Digital Limited to issue, circulate and publish the prospectus for the issuance of 27.350 million ordinary shares. The issue consists of 27.35 million ordinary shares, i.e., 20 per cent of the total post-IPO paid-up … Read more
