JPMorgan Chase CEO Jamie Dimon surprisingly threw a bone to his billionaire foe Elon Musk, saying he hopes Musk “cleans up” Twitter.
Twitter accepted Musk’s hostile takeover bid in April, but Musk tried to back out three months later, claiming the company lied about the numbers of fake and spam accounts on the platform.
A whistleblower complaint from Twitter’s former head of security Peiter Zatko appeared to bolster Musk’s argument when Zatko alleged the company knowingly undercounted the number of bots to investors, but Musk told the company last week he intends to move forward with his purchase under the original terms.High inflation, looming interest rate hikes and instability caused by the war in Ukraine are “likely to put the U.S.
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