The cost of the acquisition has not been specified.

Elon Musk has chosen top ad executive Linda Yaccarino to take the day-to-day reins of Twitter as he fights to reverse the tide at the struggling platform he bought for US$44 billion last year. Yaccarino is a highly respected advertising executive who stepped down from NBCUniversal "effectively immediately" on Friday.

ZURICH, SWITZERLAND - Credit Suisse chairman Axel Lehmann said Tuesday he was "truly sorry" that the beleaguered bank could not be saved as he faced angry and tearful shareholders whose money has gone up in smoke.Credit Suisse's chiefs fronted up at the bank's annual general meeting, 16 days after its hastily-arranged...

The acceptance follows years of turmoil for the company.

The firm's revenues rose to US$44.4 billion in 2022.

Prince Alwaleed is one of the wealthiest businessmen in the Middle East, but Elon Musk is the richest person in the world.

The deal, which media outlets including The Wall Street Journal reported could be announced later in the day, would put the Tesla boss in charge of the influential social media site.

The so-called "poison pill" Twitter has proposed to use against Elon Musk's potential hostile takeover is a mechanism with a proven track record that could force the outspoken entrepreneur into negotiations.

Earlier this month, Elon Musk made an unsolicited bid of $43 million for Twitter, citing better freedom of speech as a motivation.

Twitter's board said it would carefully review what it termed Elon Musk's ‘unsolicited, non-binding’ offer and decide on a course of action that was ‘in the best interest of the company and all Twitter stockholders,’ after the Tesla founder made an offer of $54.2 per share of the social-media platform.

Howe was confirmed as Newcastle's new manager on Monday, a month after a Saudi-led takeover at St James's Park.

Saudi Arabia and the UAE have joined the United States and Britain Wednesday in urging the leaders of last week's military coup in Sudan to restore the civilian government. The united front with the two Arab powers comes amid hopes that the military can be persuaded to accept a climbdown.

Several politicians, businessmen and judges, as well as members of parliament have said they were banned from travelling abroad or put under house arrest without prior warning. Sacking of the government on Jul 25 sparked uncertainties for Tunisia, where the Arab Spring began a decade ago.

Bahrain has announced that it is “allowing flights to make use of Bahrain’s transit facilities” amid the evacuations of Afghanistan.