Twitter Inc, the social network being overhauled by new owner Elon Musk, has frozen some employee access to internal tools used for content moderation and other policy enforcement, curbing the staff’s ability to clamp down on misinformation ahead of a major US election. Most people who work in Twitter’s Trust and Safety organization are currently […]
Continue Reading
After months of waffling, lawsuits, verbal mudslinging and the near miss of a full-blown trial, Elon Musk now owns Twitter. On Thursday night, Musk closed his $44 billion deal to buy the social media service, said three people with knowledge of the situation. He had arrived at Twitter’s San Francisco headquarters Wednesday and met with […]
Continue Reading
Elon Musk became Twitter Inc’s new owner Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker Tesla Inc has said he wants to “defeat” spam bots on […]
Continue Reading
Elon Musk filed a motion on Friday opposing Twitter Inc’s request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm. Musk’s lawyers, in papers filed with the Delaware Chancery Court, said Twitter’s “unjustifiable request” to rush the merger case to trial in two months should be […]
Continue Reading
Twitter Inc has a strong legal case against Elon Musk walking away from his $44 billion deal to acquire the U.S. social media company but could opt for a renegotiation or settlement instead of a long court fight, according to legal experts. Delaware courts, where the dispute between the two sides is set to be […]
Continue Reading
Elon Musk’s attempt to walk away from his $44 billion Twitter Inc. buyout will turn on a three-word phrase that’s sometimes asserted in busted mergers — but rarely passes muster with judges. “Material Adverse Effect” was cited by Musk’s lawyers in a regulatory filing Friday which argued that undisclosed information about bots on the social […]
Continue Reading
He also said that while some people use their hair to express themselves, he uses Twitter and that it is also one way of escaping the ‘negative’ lens of the media. The Q&A session was nearly 48 minutes long and live-streamed to Twitter employees, though the live stream has now been posted to YouTube as […]
Continue Reading
For weeks, Elon Musk has publicly trashed Twitter, even though he is buying the company in a $44 billion deal. On Thursday, he finally acted like an owner. In an hourlong question-and-answer session in the morning with Twitter’s 8,000 or so employees — the first time Musk has spoken with them since he agreed to […]
Continue Reading
Twitter Inc.’s top lawyer reassured staff Wednesday that the deal to sell the company to billionaire Elon Musk is still progressing, and that a shareholder vote will occur in late July or early August, according to people familiar with the matter.The company is just waiting for the Securities and Exchange Commission to approve its proxy, […]
Continue Reading
Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday that the social platform included in a filing with the Securities […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
