[ad_1] Elon Musk has been trying to back out of the deal for several months after signing on to buy Twitter in April Elon Musk has been trying to back out of the deal for several months after signing on to buy Twitter in April Trading in shares of Twitter was halted after the stock […]
Continue Reading
[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
[ad_1] A former Twitter Inc executive turned whistleblower is set to testify on Tuesday before a U.S. Senate committee about his claims of serious security lapses at the social media network. A deadline for Twitter shareholders to vote on Elon Musk’s deal to buy the company also falls on Tuesday. The testimony of Peiter “Mudge” […]
Continue Reading
[ad_1] Elon Musk has sent an additional letter of deal termination to Twitter Inc after the world’s richest person subpoenaed a whistleblower seeking documents on how the social media company measures spam accounts. Musk walked away from a $44-billion offer for Twitter in July saying the company misled him and regulators about the true number […]
Continue Reading
[ad_1] Chancellor McCormick ordered Twitter to produce information on 9,000 accounts that were reviewed in connection with company’s fourth-quarter audit, a data subset that has been described as a “historical snapshot” Chancellor McCormick ordered Twitter to produce information on 9,000 accounts that were reviewed in connection with company’s fourth-quarter audit, a data subset that has […]
Continue Reading
[ad_1] Twitter Inc on Thursday set out a plan to combat the spread of election misinformation that revives previous strategies, but civil and voting rights experts said it would fall short of what is needed to prepare for the upcoming U.S. midterm elections. The social media company said it will apply its civic integrity policy, […]
Continue Reading
[ad_1] Elon Musk’s legal team is demanding that Twitter Inc turn over the names of employees responsible for calculating what percentage of the social media site’s users are bot and spam accounts, according to a source familiar with the matter. Bot and spam accounts on Twitter have become a central issue in the legal fight […]
Continue Reading
[ad_1] Elon Musk offered to buy Twitter earlier this year, then tried to back out of the deal Elon Musk offered to buy Twitter earlier this year, then tried to back out of the deal Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, […]
Continue Reading
[ad_1] A Twitter Inc shareholder hit Elon Musk with a proposed class action, effectively joining the tech giant’s bid to block the world’s richest man from backing out of his pledge to pay $44 billion to acquire the influential social networking platform. The lawsuit was filed in Delaware Chancery Court—the same forum that’s set to […]
Continue Reading
[ad_1] Elon Musk lost a fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the “cloud of uncertainty” over the social media company after the billionaire backed out of a deal to buy it. “Delay threatens irreparable harm,” said Chancellor Kathaleen St. Jude McCormick, the head […]
Continue Reading