Elon Musk, the world's richest person, turned up at Twitter's headquarters in San Francisco on Wednesday with a kitchen sink.
“Entering Twitter HQ — let that sink in!” he tweeted, with the court-ordered deadline for his $44 billion deal to buy the social media platform approaching.
Mr Musk and Twitter were given until October 28 to finalise the deal, which has rumbled on since April.
“Meeting a lot of cool people at Twitter today!” he also tweeted, after earlier changing his title in his Twitter bio to “Chief Twit”.
Mr Musk told Twitter employees that he was not planning to cut thousands of jobs, Bloomberg reported.
The Washington Post reported last week that the billionaire told prospective investors in his proposed deal to buy Twitter that he planned to eliminate about 75 per cent of the platform's 7,500 workers, citing interviews and documents.
However, he denied the previously reported number in an address to employees at the Twitter office, Bloomberg said.
Mr Musk had tried to walk away from the deal to buy Twitter in May, alleging that the company understated the number of bot and spam accounts on the social media platform, which started a series of lawsuits between the two parties.
Twitter chief executive Parag Agrawal hit back at Mr Musk's concerns and said spam accounts accounted for less 5 per cent of users. The digital platform locks millions of accounts each week that it suspects could be fake, he said.
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Earlier this month, Mr Musk reversed course and said he would proceed with the deal on original terms.
“I think on Friday, we will get an announcement that says that Elon Musk has purchased Twitter,” Adam Badawi, a University of California law professor at the Berkeley campus, told AFP.
“I'm excited about the Twitter situation,” Mr Musk said during a recent Tesla earnings call.
“I think it's an asset that has just sort of languished for a long time but has incredible potential, although obviously myself and the other investors are overpaying for Twitter right now.”
Mr Musk indicated earlier this month that buying Twitter would speed up the creation of something he called “X, the everything app". He called the acquisition “an accelerant” to building a kind of multi-function app.
He has drawn parallels to so-called super apps that are widely used in parts of Asia.
Twitter shares will be suspended from trading on Friday, the New York Stock Exchange's website showed.
Reuters reported on Tuesday that equity investors, including Sequoia Capital, Binance, Qatar Investment Authority and others, had received the requisite paperwork for the financing commitment from Mr Musk's lawyers.
The deal's completion would mark an end to a lawsuit by Twitter, which, along with investors, now expects the deal to be completed on its original terms of $54.20 per share.
MATCH INFO
Barcelona 2
Suarez (10'), Messi (52')
Real Madrid 2
Ronaldo (14'), Bale (72')
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
Saturday's schedule at the Abu Dhabi Grand Prix
GP3 race, 12:30pm
Formula 1 final practice, 2pm
Formula 1 qualifying, 5pm
Formula 2 race, 6:40pm
Performance: Sam Smith
The alternatives
• Founded in 2014, Telr is a payment aggregator and gateway with an office in Silicon Oasis. It’s e-commerce entry plan costs Dh349 monthly (plus VAT). QR codes direct customers to an online payment page and merchants can generate payments through messaging apps.
• Business Bay’s Pallapay claims 40,000-plus active merchants who can invoice customers and receive payment by card. Fees range from 1.99 per cent plus Dh1 per transaction depending on payment method and location, such as online or via UAE mobile.
• Tap started in May 2013 in Kuwait, allowing Middle East businesses to bill, accept, receive and make payments online “easier, faster and smoother” via goSell and goCollect. It supports more than 10,000 merchants. Monthly fees range from US$65-100, plus card charges of 2.75-3.75 per cent and Dh1.2 per sale.
• 2checkout’s “all-in-one payment gateway and merchant account” accepts payments in 200-plus markets for 2.4-3.9 per cent, plus a Dh1.2-Dh1.8 currency conversion charge. The US provider processes online shop and mobile transactions and has 17,000-plus active digital commerce users.
• PayPal is probably the best-known online goods payment method - usually used for eBay purchases - but can be used to receive funds, providing everyone’s signed up. Costs from 2.9 per cent plus Dh1.2 per transaction.
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5
Libya's Gold
UN Panel of Experts found regime secretly sold a fifth of the country's gold reserves.
The panel’s 2017 report followed a trail to West Africa where large sums of cash and gold were hidden by Abdullah Al Senussi, Qaddafi’s former intelligence chief, in 2011.
Cases filled with cash that was said to amount to $560m in 100 dollar notes, that was kept by a group of Libyans in Ouagadougou, Burkina Faso.
A second stash was said to have been held in Accra, Ghana, inside boxes at the local offices of an international human rights organisation based in France.
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Started: November 2017
Founders: Mounir Nakhla, Ahmed Mohsen and Mohamed Aboulnaga
Based: Cairo, Egypt
Sector: transport and logistics
Size: 150 employees
Investment: approximately $8 million
Investors include: Singapore’s Battery Road Digital Holdings, Egypt’s Algebra Ventures, Uber co-founder and former CTO Oscar Salazar
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Sinan Antoon
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Skoda Superb Specs
Engine: 2-litre TSI petrol
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Masters%20of%20the%20Air
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Cary%20Joji%20Fukunaga%2C%20Dee%20Rees%2C%20Anna%20Boden%2C%20Ryan%20Fleck%2C%20Tim%20Van%20Patten%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%3C%2Fstrong%3E%20Austin%20Butler%2C%20Callum%20Turner%2C%20Anthony%20Boyle%2C%20Barry%20Keoghan%2C%20Sawyer%20Spielberg%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%202%2F5%3C%2Fp%3E%0A
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Norwich City 0 Southampton 3 (Ings 49', Armstrong 54', Redmond 79')
Spider-Man: No Way Home
Director: Jon Watts
Stars: Tom Holland, Zendaya, Jacob Batalon
Rating:*****