Skip to main content

The story of twitter buying.

 So first let's talk a bit about twitter. Twitter is a giant social media platform where mostly officials post all their official messages. Thus twitter is considered similar to a wall news in a school, Every one can see everything in twitter. Every named official including US presidents to actors to your famous footballer, every one is in twitter, And that is the reason which adds the value for twitter because there is no competing social media which have this kind of value, not even Facebook. 


So, Elon Musk offered 44 Billion USD to but all of the twitter stocks. Twitter previously was owned by a Saudi Arabian company called Kingdom Holding Company. This company also presently holds the controlling stocks of Uber and Deezer.  



The is company is led by its chairman, HRH prince Alwaleed Talal (الوليد بن طلال). 


So before Musk offered his 44 Billion to buy twitter, he owned roughly 9% of the company. It was the second controlling stock holding after Kingdom Holding Company's stocks. So Musk secretly began to buy the stocks and gradually became even with KHC. Before going any further I need to inform you something too, KHC's Chairmen prince Alwaleed Talal also has some stocks of twitter. So when musk became even with KHC's stocks, prince Alwaleed combined his stocks with his company KHC and buyed 75% of the twitter. This business tactic allowed other external buyers to only buy 15% stocks and no more of twitter. 

That's the overall reason why Elon Musk had to offer an amount finally which is 5 times worth of that 75% of twitter stocks which obviously confirmed Elon Musk's statement about buying twitter, 

"I buyed twitter to boost my internet popularity, not to earn profits" 










Comments

Post a Comment

Popular posts from this blog

Jeff bezos | The first trillioniar?

 According to trusted sources,  Jeff Bezos American entrepreneur Description Description Jeffrey Preston Bezos is an American entrepreneur, media proprietor, investor, and computer engineer. He is the founder and executive chairman of Amazon, where he previously served as the president and CEO.  Jeff bezos is the worlds leading and top billionaire with a net worth of 203 million dollars. The challenging billionaires to Jeff is Bill gates, Elon Musk & Mark Zukerburg. Currently the Forbes analysts says that Jeff bezos is going to reach as the worlds first person with a net worth of 1 trillion dollars by 2024. But currently stock rates are changing rapidly. The only person who can pass Jeff is Elon musk, the Controlling share holder of Space X and Tesla inc.  Facts from Forbes.com, Jeff Bezos founded e-commerce giant Amazon in 1994 out of his garage in Seattle. He stepped down as CEO to become executive chairman on July 5, 2021. In April 2020, Bezos said he would give $100 million to
Post a Comment
Read more

why is the parcel islands in google earths satellite view is blocked? |NDK research.

NDK research™ The reason why the parcel island satellite view is blocked in google earth.  How parcel islands are showen in google ™ Earth.  ©Google map data  Parcel islands According to the information available to the general public parcel islands is claimed from the vitamin’s government but china, Twain also claim. South Vietnam's claim to the islands was inherited by the Socialist Republic of Vietnam which has ruled all of Vietnam since 1975. The ownership of the islands remains hotly contested.   China , Vietnam, and   Taiwan   all claim de jure sovereignty, although the   PRC   has de facto control of the islands. Geographical location. Vietnam is located west (Left) to parcel islands. Hongkong, twain is located to the north (up). Philippians is located to the east (right). Geographical location of the islands. ©Google map data  From the sources. Can you visit the Paracel Islands?   South China Sea:  Tours  around  Paracel Islands  where foreigners are banned.  Islands  in th
Post a Comment
Read more

Cyber crime & security |#NDKtechnology

 #NDKtechnology  According to wikipedia.org Cyber crime is defined as Cybercrime is a crime that involves a computer and a network. The computer may have been used in the commission of a crime, or it may be the target. Cybercrime may harm someone's security and financial health.  Virus & malware  What are the different types of Malware? Worms. Worms are spread via software vulnerabilities or phishing attacks. ... Viruses. Unlike worms, viruses need an already-infected active operating system or program to work.  Bots & Botnets.  Trojan Horses.  Ransomware.  Adware & Scams.  Spyware.  Spam & Phishing. Cyber security  According to wikipedia.org, Cyber security is the  application of technologies, processes and controls to protect systems, networks, programs, devices and data from cyber attacks . It aims to reduce the risk of cyber attacks and protect against the unauthorised exploitation of systems, networks and technologies. Top 10 most notorious cyber attacks in his
Post a Comment
Read more