Does the announcement of the CS and SVB acquisitions mean that the banking industry's winter is ending?
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Elon Musk revealed that he believes Twitter is currently worth $20 billion, or less than half the $44 billion he purchased it for just five months ago. In a companywide email Friday obtained by the New York Times about employee stock grants, Musk admitted that the company’s value since going private, in his estimation, is roughly $20 billion; in the aftermath of Musk’s acquisition, many advertisers — the social netw...