The Fintech Files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds
Fintech Files rounds up what's going on in fintech and crypto this week
Elon Musk completes Twitter deal and immediately fires executives
Parag Agrawal and Ned Segal are out as takeover begins
6 min read
Banks return to finance plans for Elon Musk’s $44bn Twitter takeover
Twitter told employees in an internal message that they would hear directly from Musk on 28 October
3 min read
This hedge fund made 35% on its Twitter bet — now it’s shorting GameStop and AMC’s ‘absurd’ valuations
Meme stocks are still over-valued, claims this short seller
3 min read
Musk’s legal team hits former Twitter boss Dorsey with subpoena as legal fight over $44bn deal continues
Subpoena is first sign that the social media firm’s co-founder will be an official part of the legal fight over Tesla CEO’s $44bn takeover deal
5 min read
Whistleblower complaint complicates Elon Musk-Twitter legal fight
Allegations by the platform’s former head of security may open new legal pathways in Musk’s effort to abandon a takeover
6 min read
Musk reversal muddles the path ahead for Twitter
Twitter employees and analysts foresee a potential fracas with the world’s richest man
6 min read
Twitter files lawsuit against Elon Musk to force him to honour $44bn deal
Twitter said it has 'bent over backwards' to provide Musk with the information he has requested and is suing Musk to enforce consummation of the merger
5 min read
Musk’s financial backers drawn into legal fight as Twitter issues subpoenas for information
At least a dozen banks sent subpoenas seeking information on equity and debt financing and communications around the takeover
4 min read
Elon Musk proposes to close $44bn offer to buy Twitter
Twitter shares, halted for much of 4 October, closed up 22% at $52, bringing them closer to the deal price of $54.20 that Musk agreed to pay in April
Elon Musk prepares to meet with Twitter staff for the first time since $44bn bid
Twitter chief executive Parag Agrawal announced the meeting in an email to staffers on 13 June
Musk would pay $54.20 a share, sources say, as Twitter buyout edges closer
One of history's largest buyouts could soon be on the cards
