Tagged: twitter

January 14, 2025 @ 9:50 pm By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, a move that some will undoubtedly label as politically motivated. Musk, according to the SEC, failed to file a beneficial ownership report in a timely manner when he acquired 5%+ of Twitter – now X…. Read More

January 9, 2024 @ 2:37 pm By JD Alois  |  

X, formerly doing business as Twitter, has announced it will launch peer-to-peer payments in 2024 fulfilling an already revealed goal of the platform. In a blog post, X outlined its accomplishments and changes since Elon Musk took over the faltering social media platform.  X said… Read More

October 6, 2023 @ 12:08 pm By JD Alois  |  

Elon Musk has taken to X to predict a massive overhaul of the Securities and Exchange Commission (SEC) and other regulators. Responding to an X from Mario Nawful, Musk had this to say: “A comprehensive overhaul of these agencies is sorely needed, along with a… Read More

July 26, 2023 @ 12:28 pm By JD Alois  |  

Elon Musk continues to discover new territory with his purchase of Twitter. Having now rebranded Twitter as “X,” Musk recently described X as morphing into an “everything app.” Musk says that from a media platform allowing free speech, X will become a “comprehensive communications” provider… Read More

July 18, 2023 @ 10:05 am By JD Alois  |  

Senator Elizabeth Warren has sent a letter to SEC Chair Gary Gensler requesting the Commission investigate Elon Musk and his activities with his two companies – Twitter and Tesla. The premise is that there is a conflict of interest with Musk’s involvement in Tesla and… Read More

July 6, 2023 @ 8:39 am By JD Alois  |  

Twitter has long been expected to move into financial services. Peer to peer payments on the social media platform make a lot of sense – not to mention payments and transfers in general. One of the largest payment platforms in the world is China’s WeChat… Read More

April 13, 2023 @ 11:51 am By JD Alois  |  

Twitter and eToro have partnered up on financial content. eToro is an investing platform that operates in various markets around the world, providing access to both traditional and alternative access. Twitter is, well, Twitter – the social media best known for its immediacy of information… Read More

January 30, 2023 @ 10:16 pm By JD Alois  |  

Multiple reports today indicate that Elon Musk wants to incorporate payments as a service within Twitter. The initial source of information was an article published in the FT today that indicated Musk would start with fiat currencies and perhaps add cryptocurrency in the future. Twitter… Read More

December 22, 2022 @ 11:21 am By JD Alois  |  

For quite some time, Twitter users incorporated dollar “$” symbols in Tweets to highlight a ticker of a traded security.  Yesterday, Twitter announced that it was expanding this concept by linking data to ticker symbols that incorporate the “$,” including stocks, exchange-traded funds, and crypto…. Read More

December 14, 2022 @ 9:48 am By JD Alois  |  

The Securities and Exchange Commission (SEC) has filed fraud charges against eight influencers pertaining to a $100 million securities fraud plot. Simultaneously, criminal charges have been leveled at the individuals by the Department of Justice’s Fraud Section and the U.S. Attorney’s Office for the Southern… Read More

November 13, 2022 @ 4:40 pm By JD Alois  |  

Twitter’s filing with FINCEN (the US Department of Treasury, Financial Crimes Enforcement Network), has surfaced in the agency’s database. According to the filing, Twitter Payments, LLC has filed to become a Money Transmitter in all 50 states and territories. Twitter Payments joins over 25,000 Money… Read More

October 17, 2022 @ 7:33 pm By Omar Faridi  |  

  CoinShares, which claims to be one of Europe’s largest and longest-standing full-service digital asset investment and trading groups, recently announced the launch of CoinSharesNFTAI (@CoinsharesNFTAI), a Twitter bot that “utilizes proprietary algorithms developed by CoinShares researchers to estimate the current fair market price for… Read More

August 8, 2022 @ 10:30 am By Omar Faridi  |  

We recently connected with Kåre Kjelstrøm, Chief Technology Officer at layer-1 blockchain company Concordium. Kåre, who has an MS in Computer Science from the University of Aarhus, Denmark, is leading the development of Concordium’s blockchain platform – which embeds encrypted ID into on-chain transactions in… Read More

May 5, 2022 @ 8:41 am By JD Alois  |  

  Binance, the world’s largest crypto exchange, is part of a long list of big investors who have committed capital to Elon Musk’s acquisition of Twitter (NYSE:TWTR). According to a filing with the Securities and Exchange Commission (SEC), Binance has promised $500 million in equity… Read More

April 25, 2022 @ 4:38 pm By JD Alois  |  

This is kind of interesting. Talmon Joseph Smith, an NYTimes.com economic reporter, is Tweeting that at least some Twitter  (NYSE:TWTR) employees are struggling with Elon Musk’s purchase of the social media company. Quoting internal slack discussions, at least one employee said they “feel like im… Read More

April 25, 2022 @ 3:24 pm By JD Alois  |  

Twitter, Inc. (NYSE:TWTR) has agreed to be acquired by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion, according to a statement by the company. The news ended several weeks of posturing by both sides following the news… Read More

April 21, 2022 @ 11:30 am By JD Alois  |  

According to a filing submitted to the Securities and Exchange Commission (SEC), Elon Musk has provided details on how an acquisition of Twitter (NASDAQ:TWTR) will be financed. The document outlines the specifics of the deal: A debt commitment letter, dated April 20, 2022, from Morgan… Read More

April 15, 2022 @ 5:08 pm By JD Alois  |  

In an attempt to block the acquisition of the company by Elon Musk, the Twitter (NYSE:TWTR) Board of Directors announced a Poison Pill plan today. The move was predicted following Musk’s announcement he wanted to take the company private at a per-share price of $54.20… Read More

April 14, 2022 @ 7:20 am By JD Alois  |  

Elon Musk, the richest individual in the world, has filed a statement with the Securities and Exchange Commission indicating his intent to acquire Twitter (NYSE:TWTR). Shares jumped higher in early trading on the news. The Schedule 13D filing states: “On April 13, 2022, the Reporting… Read More

December 23, 2021 @ 5:53 pm By JD Alois  |  

Talk to the hand. Marc Andreessen has blocked Jack Dorsey on Twitter, perhaps a first for Dorsey who shared the screenshot on the social network he founded.   I’m officially banned from web3 pic.twitter.com/RrEIAuqE6f — jack⚡️ (@jack) December 22, 2021 The virtual joust came about… Read More