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Twitter, Inc. Twitter, Inc. was an American social media company based in San Francisco, California, which operated and was named for its flagship social media network prior to its rebrand as X. In addition to Twitter, the company previously operated the Vine short video app and Periscope livestreaming service.
On April 12, Twitter's board met with lawyers and financial advisors to deliberate the ramifications of such a deal as well as their options, [7] while a company shareholder sued Musk for allegedly manipulating the company's stock price and violating Securities and Exchange Commission (SEC) rules. [16]
On March 9, 2023, Musk registered X Corp. in Nevada.On the same day, Musk registered the artificial intelligence (AI) company X.AI Corp. [16] Later that month, Musk applied to merge X Holdings I with X Holdings Corp. and Twitter, Inc. with X Corp. [7] In the filing, Musk revealed that X Holdings Corp. had $2 million in capital, but X Holdings Corp. would serve as the parent company for X Corp ...
In early 2023, Twitter Inc., the platform’s parent company, became X Corp. Then, just over 17 years after Twitter went public, Musk started tweeting that it was time to rebrand the platform to X .
Logos for Chewy Inc. are displayed on the trading floor on the morning of the company's IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 14, 2019.
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The hybrid sales surge has been a key factor driving its profit and stock price to all-time highs this year. Christ said Toyota expects hybrid sales to keep accelerating.
Elon Musk initiated the acquisition of Twitter, Inc. on April 14, 2022, and completed it on October 28, 2022. [ 23][ 24] His goal was to transform Twitter into X, an all-encompassing app inspired by WeChat. [ 25] By April, Musk had become Twitter's largest shareholder with a 9.2 percent stake and made an unsolicited $44 billion offer on April ...