Inside the world of mad billionaires
Business Standard|November 08, 2024
Two things about this book and its authors. One, this is the most unputdownable non-fiction that I have read this entire year.
PROSENJIT DATTA
Inside the world of mad billionaires

It can hold its own against the best of fiction thriller page-turners available today.

Two, despite the brilliant reporting, writing and analysis by the authors, I suspect Elon Musk is having the last laugh. He may have massively overpaid for Twitter—now labelled X—on a whim with borrowed money, and then gone about destroying its value through all sorts of erratic behaviour, but he used it potently in the current elections and can take credit, at least partly, for Donald Trump's win. I also suspect he feels that the money spent was worth it for this reason alone.

Now to the review proper. Character Limit is not just a blow-by-blow account of how Mr Musk took over Twitter for a staggering $44 billion, almost all of it borrowed and what happened once he got his hands on the platform. It is also the story of Jack Dorsey, the other protagonist involved in the building of Twitter, the machinations and office politics that saw him being ousted as chief executive officer (CEO) and plotting his way back, and then his inability to run it properly and letting it lose steam until Mr Musk, who loved tweeting first and thinking afterwards, decided to suddenly announce that he was going to mount a bid for it.

この記事は Business Standard の November 08, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Business Standard の November 08, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

BUSINESS STANDARDのその他の記事すべて表示
Business Standard

Release for grief

EYE CULTURE

time-read
3 分  |
February 15, 2025
RBI supersedes New India Co-op Bank Board
Business Standard

RBI supersedes New India Co-op Bank Board

Alleged misappropriation of funds behind curbs

time-read
2 分  |
February 15, 2025
Business Standard

Reciprocal tax plan sets off alarm bells amid global trade war buzz

The move by the United States President Donald Trump to impose 'reciprocal' tariffs on a 'country-by-country' basis is set to trigger a global trade war, according to officials watching this space.

time-read
3 分  |
February 15, 2025
Sachin Bansal steps down as Navi CEO amid top-level rejig
Business Standard

Sachin Bansal steps down as Navi CEO amid top-level rejig

To serve as executive chairman of the group

time-read
1 min  |
February 15, 2025
Pharma Stocks Plunge Amid Tariff Concerns
Business Standard

Pharma Stocks Plunge Amid Tariff Concerns

Analysts Say Exports Unlikely to Face Major Impact

time-read
3 分  |
February 15, 2025
Business Standard

I-T Bill empowers taxman to ask for access to electronic systems

In a move that could make it easier to scrutinise cryptocur rency and other virtual digital assets, the new income-tax Bill introduced in the Lok Sabha on Thursday empowers tax authorities to demand codes for access to electronic systems during surveys and searches.

time-read
2 分  |
February 15, 2025
Cummins' engine may rev low in near term
Business Standard

Cummins' engine may rev low in near term

Brokerages upbeat on firm's long-term prospects after a strong Q3

time-read
2 分  |
February 15, 2025
Business Standard

Smallcaps slip into bear mkt territory, midcaps on brink

Investors endured another challenging session on Friday as smallcap stocks tumbled over 3 per cent, sliding into bear-market territory, while midcaps fell 2.4 per cent, extending their decline from peak levels to 18.4 per cent.

time-read
1 min  |
February 15, 2025
Deep state, shallow state, non-state
Business Standard

Deep state, shallow state, non-state

The deep state has now become the engine of conspiracy theories across democracies. America was the first and India is catching up fast. Many European democracies are on the bandwagon too

time-read
5 分  |
February 15, 2025
Business Standard

DPIIT to sign MoUs with firms for setting up manufacturing incubation centres

In a move to give a fillip to manufacturing startups, the Department of Promotion of Industry and Internal Trade (DPIIT) will be signing memorandums of understanding (MoUs) with corporates to set up manufacturing incubation centres.

time-read
1 min  |
February 15, 2025