Cara Lombardo

Twitter accepted Elon Musk’s bid to take over the company, which would give the world’s richest man control over the social-media network where he is also among its most influential users. The $44 billion deal marks the close of a dramatic courtship and a change of heart at Twitter, where many executives and board members initially opposed Musk’s takeover approach. The takeover, if it goes through, would mark one of the biggest acquisitions in tech history and will likely have global repercussions for years to come, including possibly reshaping how billions of people use social media. Mr.

Facebook said it would buy Kustomer, a startup that specializes in customer-service platforms and chatbots, part of an effort by the social-media giant to help companies use its platforms to do business. Though terms weren’t disclosed, people familiar with the matter said it would value New York-based Kustomer at a little over $1 billion. Closely held Kustomer, whose technology takes conversations from different channels and puts them on a single screen, was valued at $710 million in a private funding round roughly a year ago, according to PitchBook.

Sprint and T-Mobile have agreed on new terms for their merger, as the wireless carriers race to close the deal. The parties will improve the exchange ratio in the all-stock deal for T-Mobile’s parent, Deutsche Telekom AG. Originally, 9.75 Sprint shares were to be exchanged for each T-Mobile share. Under the revised deal, SoftBank Group, which owns more than 80% of Sprint’s common stock, will exchange the equivalent of 11 of its shares for each T-Mobile share.