February’s industrial production was expected to rise 4 per cent, according to 9 economists surveyed in a Reuters poll. — Picture by Sayuti Zainudin

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NEW YORK, April 11 — Malaysia’s industrial production in February rose 3.9 per cent from a year earlier, below forecast, government data showed today.

February’s industrial production was expected to rise 4 per cent, according to 9 economists surveyed in a Reuters poll. — Reuters

Elon Musk was offered a board seat and his appointment was to become effective on Saturday. ― Reuters pic

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SAN FRANCISCO, April 11 — Elon Musk, Twitter Inc’s biggest shareholder, has decided not to join the social media company’s board, Chief Executive Parag Agrawal said in a tweet yesterday.

Musk, who disclosed a 9.2 per cent stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday.

But “Elon shared that same morning that he will no longer be joining the board”, Agrawal said in a note on Twitter.

Musk had on Saturday suggested changes to Twitter Blue premium subscription service, including slashing its price, banning advertising and giving an option to pay in the cryptocurrency dogecoin. — Reuters