Friday, February 28, 2020

Sources: Elliott Management has taken a "sizable" stake in Twitter, nominated four directors to Twitter's board, and seeks to replace CEO Jack Dorsey (Bloomberg)

Bloomberg:
Sources: Elliott Management has taken a “sizable” stake in Twitter, nominated four directors to Twitter's board, and seeks to replace CEO Jack Dorsey  —  - Elliott has nominated four directors for Twitter's board  — Hedge fund has had ‘constructive discussions’ with company



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...