Twitter’s request to fast-track Elon Musk lawsuit gets court hearing

Twitter’s request to fast-track Elon Musk lawsuit gets court hearing

A judge will hear arguments on Twitter Inc.’s request to fast-track its lawsuit against billionaire Elon Musk, as the social-media platform seeks to force him to complete his proposed $44 billion acquisition. Lawyers for San Francisco-based Twitter say they need only four days to prove the world’s richest person must honor his agreement and pay […]

Continue Reading
Twitter claims Musk is ‘slow-walking’ trial over  billion deal

Twitter claims Musk is ‘slow-walking’ trial over $44 billion deal

The two sides will make their arguments about the trial’s proposed start date to a Delaware Court of Chancery judge on Tuesday The two sides will make their arguments about the trial’s proposed start date to a Delaware Court of Chancery judge on Tuesday Twitter Inc on Monday accused Elon Musk of trying to “slow […]

Continue Reading
From acquisition to termination: Everything that’s happened post Elon Musk’s Twitter deal

From acquisition to termination: Everything that’s happened post Elon Musk’s Twitter deal

Elon Musk on Friday announced terminating the $44 billion offer to buy microblogging site Twitter citing the failure of providing adequate information about the number of fake accounts. According to AFP, Musk’s lawyer Mike Ringler took to Twitter and complained that his client (Musk) waited for nearly two months to seek data on “fake or […]

Continue Reading
Twitter plans to have shareholder vote by August on sale to Elon Musk

Twitter plans to have shareholder vote by August on sale to Elon Musk

The company’s top executives said Twitter was working to improve its defences against fake accounts and accounts that spread cryptocurrency spam. The company’s top executives said Twitter was working to improve its defences against fake accounts and accounts that spread cryptocurrency spam. Twitter Inc anticipates a shareholder vote on its $44 billion sale to Elon […]

Continue Reading
Musk’s Twitter deal threats put new financing on ice

Musk’s Twitter deal threats put new financing on ice

The pause in financing activities offers the first clear sign that Musk’s threats are interfering with steps that would help complete the deal. The pause in financing activities offers the first clear sign that Musk’s threats are interfering with steps that would help complete the deal. Elon Musk’s efforts to arrange new financing that will […]

Continue Reading