A judge suspended litigation on Elon Musk‘s proposed $44 billion acquisition of Twitter, giving the parties until October 28 to close the deal A judge suspended litigation on Elon Musk‘s proposed $44 billion acquisition of Twitter, giving the parties until October 28 to close the deal A judge has delayed a looming trial between Twitter and Elon Musk, […]
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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 of […]
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Jack Dorsey, a founder of Twitter, got a subpoena. So did Marc Andreessen, a prominent venture capitalist. Larry Ellison, Oracle’s chairman, and investors David Sacks and Joe Lonsdale received them, too. They were all summoned to share what they know about the rancorous, knock-down, drag-out tech spectacle of the year: the fight between Twitter and […]
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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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Elon Musk’s answer to Twitter’s lawsuit over his attempt to back out of a $44 billion deal to buy the social media company will be made public by Friday evening at the latest, a judge ruled Wednesday.Attorneys for Musk wanted to file a public version of their answer and counterclaims in Delaware court Wednesday. But […]
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Elon Musk countersued Twitter Inc on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly available, under court rules a redacted version could soon be made public. Musk’s lawsuit was […]
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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 […]
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