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Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

The purchase price represents a 38% premium to Twitter’s closing stock price on April 1, 2022 , which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.” with Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP serving as legal counsel.

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Hertz announces ‘strategic decision’ to slash EV fleet

Teslarati

The EVs that Hertz has put up for sale will “remain eligible for rental” until they ultimately sell. Hertz said that a portion of the proceeds from the sale will go into the purchase of combustion engine vehicles, which are being utilized at a higher demand. ” Hertz inked a $4.2

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Hertz says it will invest some of proceeds from selling Tesla cars back into gas cars

Baua Electric

Back in 2021, Hertz announced an important effort to electrify its fleet of rental cars, led by a massive purchase of 100,000 Tesla Model 3 vehicles. The Company expects to reinvest a portion of the proceeds from the sale of EVs into the purchase of internal combustion engine (“ICE”) vehicles to meet customer demand.

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Bezos Bucks? Get Ready for Corporate Digital Currency

Cars That Think

Buying and selling cryptocurrencies is a big business. The fraction that involved buying actual stuff (goods and services) is so small that it’s hard to measure. Corporate Cash The idea of private digital currencies goes back to at least 1994, when the late Edward de Bono wrote of the “IBM dollar.” Customers could convert U.S.

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Junkyard Find: 1959 Renault Dauphine

The Truth About Cars

The final Renaults sold here were 1988 Medallions (though Renault HQ claims that we'll be able to purchase electric Alpine A110s here in 2027). Of all those companies, Renault was the only one to score big-time North American sales success. Peugeot stuck it out until 1991 , when the last new 405s hit American streets.

San Jose 102
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The Day the U.S. TV Industry Died

Cars That Think

Those difficulties in the consumer area led to a corporate pretax loss of $28.9 Zenith has not officially confirmed that its television business is on the auction block, confining itself merely to the statement that it is examining “all options to restore corporate profitability to a satisfactory level.” All told, 31 U.S.

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Green Friday | Black Friday

My Energi

We can’t buy these moments online or staring down aisles awash with cardboard and plastic. We’ve purchased unique gifts from 9 amazing local businesses and better still, we are going to be giving these gifts away to you! myenergi have purchased an Eko acoustic guitar from the fantastic Gallagher’s Music of Grimsby.

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