News Snapshot:
Twitter is likely to be in billionaire businessman Elon Musk’s hands by Friday. That means, so will we all, regardless of whether any of us personally use Twitter. Friday is court-mandated closing date for Musk’s beleaguered, belatedly regretted and definitely overpriced $44 billion (€44 billion) Twitter acquisition, so costly that one of the world’s richest people couldn’t fund it solely through his personal wealth. Musk had to piece together a mix of massive institutional loans and money from billionaire friends alongside his own funds, raising puzzling questions about how business-wise, versus arbitrarily, lucky such corporate titans are, unless they truly...
