Elon Musk tried to quell the concerns of advertisers that Twitter under his leadership may not be a safe place for brand marketing, acknowledging the platform needs to remove or hide hate speech and other unsavoury posts. “It stands to reason that if somebody is advertising that they do not want super negative information right […]
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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 platform […]
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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 over […]
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Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, tweeting it was important to avoid an emergency sale of Tesla stock amid a legal showdown with Twitter Inc over a $44 billion takeover deal. Musk, the world’s richest person, had said in April that there were […]
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Twitter Inc on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact.” Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday. “According […]
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Twitter Inc.’s lawsuit against Elon Musk over a cancelled $44 billion buyout of the social media platform is set for a five-day trial starting October 17 in Delaware, with the billionaire filing his defense and counterclaims under seal. Delaware Chancery Court Judge Kathaleen St. J. McCormick set the trial date after Musk’s lawyers claimed Twitter […]
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Delaware courts, where the dispute between the two sides is set to be litigated, have set a high bar for acquirers being allowed to abandon their deals Delaware courts, where the dispute between the two sides is set to be litigated, have set a high bar for acquirers being allowed to abandon their deals Twitter […]
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Musk said Twitter breached multiple provisions of a $44 billion merger agreement struck in April Musk said Twitter breached multiple provisions of a $44 billion merger agreement struck in April Twitter Inc employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media […]
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AP July 09, 2022 03:11 IST Updated: July 09, 2022 03:52 IST AP July 09, 2022 03:11 IST Updated: July 09, 2022 03:52 IST Elon Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse — after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the […]
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The Tesla chief executive tweeted on May 13 that the $44 billion acquisition was ‘temporarily on hold’ The Tesla chief executive tweeted on May 13 that the $44 billion acquisition was ‘temporarily on hold’ Twitter Inc will face skeptical shareholders on May 25 during its annual meeting, as doubt remains over whether the social media […]
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