Musk plans to skip deposition in Twitter-buyout lawsuit

Musk plans to skip deposition in Twitter-buyout lawsuit

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 […]

Continue Reading
Musk reverses course, again: he’s ready to buy Twitter, build ‘X’ app

Musk reverses course, again: he’s ready to buy Twitter, build ‘X’ app

Billionaire Elon Musk is proposing to proceed with his original $44 billion bid to take Twitter Inc (TWTR.N) private, security filings showed on Tuesday, calling for an end to a lawsuit by the social media company that could have forced him to pay up, whether he wanted to or not. An agreement would put the world’s richest […]

Continue Reading
Stanford pulled into dropout Musk’s legal fight with Twitter

Stanford pulled into dropout Musk’s legal fight with Twitter

Stanford University was subpoenaed by famous dropout Elon Musk as part of his legal fight with Twitter Inc over his plan to walk away from a $44 billion takeover offer. Lawyers for Musk want all records of all “conversations, conferences, discussions, interviews, meetings, negotiations and agreements” between Twitter and Stanford as well as anyone related […]

Continue Reading