Elon Musk is under federal investigation, Twitter says in court filing

[ad_1] Elon Musk is being investigated by federal authorities over his conduct in his $44 billion takeover deal for Twitter Inc, the social media company said in a court filing released on Thursday. While the filing said he was under investigations, it did not say what the exact focus of the probes were and which […]

Continue Reading

Musk plans to skip deposition in Twitter-buyout lawsuit

[ad_1] Elon Musk won’t be showing up Thursday for a long-awaited deposition in Twitter Inc.’s lawsuit aimed at forcing him to go through with a $44 billion buyout of the company, according to people familiar with the matter. The billionaire reversed course earlier this week and committed himself to consummating the $54.20-per-share offer for the popular social-media […]

Continue Reading

What if Musk loses the Twitter case but defies the court?

[ad_1] Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April. But what if a judge makes that ruling and Musk balks? The Tesla billionaire’s reputation for dismissing government pronouncements has some worried that he might flout an unfavorable ruling of […]

Continue Reading