Musk told banks he will rein in Twitter pay, make money from tweets

Photo: Elon Musk attends the opening ceremony of the new Tesla Gigafactory… Photo credit: Patrick Pleul / Pool via REUTERS / File Photo. Article by Krystal Hu and Anirban Sen. Reuters – April 29, 2022.

April 29 (Reuters) – Elon Musk told banks that agreed to help fund his $44 billion acquisition of Twitter Inc (TWTR.N) that he could crack down on executive and board pay at the social media company in a push to slash costs, and would develop new ways to monetize tweets, three people familiar with the matter said. […]

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