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Analysts have speculated that Elon Musk's roller coaster journey as Twitter's largest shareholder could be part of a ploy to stage a hostile take-over of the company, while others claim the social media platform may just be a fun distraction for the billionaire.Musk revealed he last week that he had become Twitter's largest shareholder, with a 9.2 percent stake in the company, on March 14.One day after he disclosed his stake, platform CEO Parag Agrawal announced the Tesla co-founder had been invited to the join the company's board of directors, a seat he gladly accepted.By accepting the board seat, Musk was limited in how much of the company's shares he could own, with a 14.9 percent cap. However, on Sunday Parag announced the SpaceX CEO formally declined his board seat.Musk, 50, signed the new filing with the Securities and Exchange Commission (SEC) Monday indicating he had declined his board seat.The document stated Musk could 'express his views' about Twitter's policies and services to the board or on social media. He could also purchase additional shares or sell Twitter stock, if he saw fit.The usually vocal tech tycoon has not commented on his decision to forgo board membership.Here, DailyMail.com explains what the…

Elon Musk pauses and looks down as he speaks during a press conference at SpaceX's Starbase facility near Boca Chica Village in South Texas on February 10, 2022.Jim Watson | AFP | Getty ImagesBillionaire Elon Musk's reversal of his decision to join Twitter's board opens the door to a hostile takeover and could lead to additional volatility in the stock, according to analysts.Musk's decision not to join Twitter's board means he's no longer limited to owning just 14.9% of the company. Now, many analysts suggest the Tesla CEO could bolster his stake and eventually try and establish control."his weekend's change-up spares the company from having to deal with a renegade director tweeting about board-level discussions. That would have been untenable," Gordon Haskett Research Advisors' Don Bilson wrote in a note Monday. "The flip side to this is TWTR must deal with a wild-card investor that already owns 9% of the company and has the resources to buy the remaining 91%. As volatile as Musk is, we could see a move like that made shortly. Or we could never see it all. This overhang that TWTR now lives beneath certainly qualifies as a distraction."Bilson pointed to Twitter CEO Parag Agrawal's statement…

As Twitter’s newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he’d like to see on the social media platform. In a series of tweets late Saturday, the Tesla and SpaceX CEO said that the company should include an “authentication checkmark” as a feature of its Twitter Blue premium subscription service, which costs $3 a month. Twitter adds a checkmark logo next to a user name when the account has been verified “authentic, notable and active.” Musk also suggested Twitter make the authentication checkmarks of premium subscriber accounts different than those granted to official accounts belonging to public figures, for example. Such a move, Musk said, would “massively expand” the pool of verified user accounts and discourage the proliferation of spam “bot” accounts, making them too expensive to maintain. Musk also shared ideas for how Twitter should charge for its subscription membership, saying the fee “should be proportionate to affordability and in local currency,” and adding: “Maybe even an option to pay in Doge?” referring to the Dogecoin cryptocurrency. “And no ads,” Musk tweeted. “The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive.” Musk’s latest tweets…

Elon Musk, Twitter Inc.'s largest shareholder, proposed turning the social media company's San Francisco headquarters into a homeless shelter because "no one shows up anyway." Musk made the proposal via a Twitter poll on Saturday night. Nearly 1.2 million people had responded by Sunday morning, and 91.1% of them voted in favor of the idea. ELON MUSK PURCHASES STAKE IN TWITTER AFTER SLAMMING ITS APPROACH TO ‘FREE SPEECH’ Musk's poll comes a week after he purchased a 9.2% stake in Twitter's stock, making him the company's largest shareholder. Musk has been critical of Twitter's handling of free speech on the platform and has proposed a number of tongue-in-cheek changes to the company since his stock purchase.He tweeted another poll Sunday morning on whether to remove the letter "W" from "Twitter." The only available responses were "Yes" and "Of course." Twitter CEO Parag Agrawal announced that Musk would join Twitter's board of directors last week. Musk will also participate in a town hall Q&A session with Twitter employees, some of whom have expressed concern of Musk's presence at the company, Agrawal announced to employees Thursday. "We say that Twitter is what’s happening and what people are talking about right now. Often, we at…

Photo: Axelle/Bauer-Griffin/FilmMagic (Getty Images)Whether you met him as Childish Gambino the rapper or as Donald Glover the writer and actor, we all know by now that both characters are indeed the same dude. And yet, the “Atlanta” showrunner has recently decided to revel in this duplicity by interviewing himself. In a piece published by Interview Magazine this past Thursday, Donald sat down with Donald Glover to get to the bottom of, well…his own artistic motivations.Glover apparently believes that most journalists aren’t shit, and he gets straight to his reasoning at the onset of the interview.“Yeah, so first question, why’d you want to do this?” he poses to himself.“I guess I don’t love interviews and I asked myself, “Why don’t you like interviews?” And I think part of it is that the questions are usually the same. This way I can get questions I usually don’t get asked.”Twitter seems to find this hilarious however, as most of the questions he actually asks himself don’t seem to drop any jaws. In fact, they seem pretty doggone ordinary, and the internet was quick to point this out.One user tweeted: “I do find it funny that Donald Glover wanted to interview himself to avoid…

Will Smith’s 10-year ban slammed by movie fans as saying it ‘not harsh enough’: Read onWill Smith had recently been banned from the Oscars for 10 years in wake of slap-gate incident. However, this decision that came on Friday from Academy Motion Of Pictures, Arts and Science did not go down well with netizens.Many took to twitter and wrote down their sentiments regarding this decision. One user felt that the punishment was insufficient and he should have been imprisoned. Another furious fan chimed in and said, “He is a disgrace to the industry and poor representative of family values. He should return his Oscar and check into anger management program.” Other user viewed this as misuse of ‘power’. They wrote, “Money doesn’t buy class. He should have been charged with assault! If any one of us would have done this, we would be still sitting in jail.” A few quipped that “Jada will have to alone to the Oscars” as her husband Smith is not permitted to enter the premises from now on. It is pertinent to note that the 53-year-old in response to the ban decision replied on Friday that he “accepted” and “respected” his punishment from the Academy…

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In case you were sleeping last night, you missed the Chicago Bears adding a couple of players to the roster. The Bears are signing cornerback Tavon Young and tight end Ryan Griffin each to one-year deals, per Pro Football Focus’ Ari Meirov. While they’re not exactly big splashes in free agency, they’re two solid additions who are gearing up to be contributors in 2022. Young fills a big hole at the nickelback position, which was a huge area of weakness last year. While Young has the potential to be a huge asset in the slot, there are some injury concerns. Griffin figures to serve the role of Cole Kmet’s back-up, although he projects to be a “U” tight end while Kmet serves as the “Y” tight end. Griffin is an experienced tight end who is another weapon for quarterback Justin Fields. For the most part, Bears fans were happy with these additions. There was a ton of excitement for the Young signing, as he’s someone who’s an absolute baller. But ultimately, both Young and Griffin present as low-risk, high-reward signings for Chicago. Here’s how Twitter is reacting to the signings of Young and Griffin: Woah the Bears made two signings…

FIRST ON FOX: Several House Republicans are pressing Twitter for answers over what they're calling a "blatant act of censorship" of the October 2020 story surrounding first son Hunter Biden’s "damning" emails. Rep. Claudia Tenney, R-N.Y., led 18 of her colleagues from the House Election Integrity Caucus in a letter exclusively obtained by FOX Business to Twitter CEO Parag Agrawal regarding the website putting the first son story on ice weeks before the 2020 election.The New York Post published a story in October 2020 about the "laptop from Hell" that President Biden’s son left at a Delaware computer repair shop. Twitter temporarily suspended the Post from tweeting after the story was published.ELON MUSK BECOMES TWITTER’S LARGEST SHAREHOLDER: WHO ARE THE OTHER TOP HOLDERS? Rep. Claudia Tenney sits in committee hearing. (Rep. Claudia Tenney's office.)"Big Tech oligarchs have grown far too powerful, censoring free speech that challenges their preferred narrative and their handpicked politicians," Tenney told FOX Business. "In 2020, this reached a new low." "Twitter’s actions to silence the New York Post and others undoubtedly swayed the outcome of the presidential election," Tenney continued. "The free flow of information is key to a healthy democracy and to free and fair…

Tesla boss Elon Musk has refuted reports that he had reduced his stake in Twitter. Replying to a tweet, Musk said that an initial regulatory filing on his holdings in the social media platform contained the wrong number of shares. “No sale took place. Initial share number filed was incorrect," Musk tweeted. He was replying to a tweet from a Twitter handle Stock Market News which said, “Elon Musk today filed for his sale of 371,900 shares of Twitter $TWTR stock reducing his stake in the company to 9.1% from 9.2%." No sale took place. Initial share number filed was incorrect.— Elon Musk (@elonmusk) April 6, 2022 A 13D filing on Tuesday showed that the Tesla CEO had taken a 9.1% stake in Twitter. A disclosure to the SEC a day earlier had Musk owning 9.2%. Musk, 50, started the poll after disclosing on Monday that he’d taken a more than 9% stake in Twitter. He filed a new form with the Securities and Exchange Commission on Tuesday classifying himself as an active investor, a day after he was late submitting a form for passive shareholders. Twitter agreed on Monday to add Musk to its board. Subscribe to Mint Newsletters…