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Technology

Tesla CEO Elon Musk acquires 9.2% stake in Twitter

Tesla CEO Elon Musk has acquired a 9.2 per cent stake in Twitter, making him its largest shareholder. Mr Musk owns 73,486,938 shares of Twitter, which represents a 9.2 per cent stake in the company, according to the US Securities and Exchange Commission (SEC)13G filing released on Monday. The stake is worth $2.89 billion, based on Twitter’s closing price Friday. The announcement raised…
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10 BrandsBlockchain

Nestcoin Raises $6.45M In Pre-Seed Capital

Nestcoin, a global web3 startup, has raised $6.45 million in pre-seed capital, according to a press release. The Nigeria-based company aims to make crypto accessible primarily in frontier markets and their new funding will go toward their mission. Pre-Seed…