Twitter shares plunged more than 10% during Friday’s trading session after Elon Musk said in a tweet that a deal for the company is temporarily on hold.
Read More: Fox Business
Twitter shares plunged more than 10% during Friday’s trading session after Elon Musk said in a tweet that a deal for the company is temporarily on hold.
Read More: Fox Business
Twitter shares popped over 5% on Monday after the company’s board unanimously accepted Tesla CEO Elon Musk’s $44 billion offer to take the social media giant private.
Read More: Fox Business
Elon Musk has taken a seat on the board of Twitter after becoming the biggest single shareholder. Musk bought a 9.2% share in the social media giant.
Parag Agrawal Twitter’s chief executive said: “Through conversations with Elon in recent weeks, it became clear to us that he would bring great value to our Board.
“He’s both a passionate believer and intense critic of the service which is exactly what we need on Twitter, and in the boardroom, to make us stronger in the long-term. Welcome Elon!”
Read More: Sky News
Elon Musk’s start up Neuralink has been working on a “brain-machine interface” . This week the secretive start-up revealed it has been testing brain implants on animals, and that it has successfully placed an implant in a monkey brain allowing it to control a computer.
Musk hopes that the implant will be used initially on patients with serious brain injuries of diseases allowing them to communicate their thoughts. He plans to seek FDA approval to begin clinical trials as early as 2020.
Neuralink works by inserting thin strands into the brain, via a tiny robot controlled by a neurosurgeon. The stands then interface with the electrical activity of the brain.
Musk’s worry about the current threat AI poses to humanity is well know. And he hopes his new technology will allow humans and machines to work together in “symbiosis”, so humans will not be left behind in the AI revolution.
Read More: The Guardian