Elon Musk jumps back into deal to acquire Twitter

Billionaire entrepreneur and Tesla’s CEO, Elon Musk is again proposing to buy Twitter for $54.20 a share, according to a new security filing made public on Tuesday (Oct. 4) by the US Securities and Exchange Commission (SEC). “On October 3, 2022, the Reporting Person’s advisors sent a letter to Twitter (on the Reporting Person’s behalf) notifying Twitter that the Reporting Person intends to proceed to

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Baltics SME Bank teams up with fintech kevin

The first neobank with Lithuanian capital SME Bank has partnered with the Baltic country’s next-generation payment infrastructure provider kevin to create a “one-stop-shop” for e-commerce business owners. The combined offering is a unified payment infrastructure enabling account-to-account (A2A) payments across the Baltics, as well as revenue-based financing based on e-retailers’ expenses and profit, simplifying life for SME owners. The payment collection options

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Layoffs have hit Netflix again

Streaming platform Netflix Inc. fired 300 of its employees on Thursday (June 23) according to a report published by Variety. Last month the company laid off 150 employees and dozens of contractors and part-time workers. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth. We are

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