Tesla and SpaceX CEO Elon Musk in a Friday tweet challenged Twitter CEO Parag Agrawal to a “public debate” about the platform’s claimed bot account percentage. The electric vehicle mogul invited Agrawal to “prove to the public that Twitter has <5% fake or spam daily users” as the company claims in its SEC filings. I […]
According to CNBC, Elon Musk filed a countersuit against Twitter in a Delaware court on Friday as part of his ongoing legal battle against the social networking company. The news comes after a report from earlier this month indicated a countersuit from Musk’s legal team was coming. Details of Musk’s countersuit remain unavailable to the public […]
Following Tesla CEO Elon Musk’s move to abandon the $44 billion Twitter takeover, a judge has officially scheduled the first date of trial for October. Musk and Twitter officially head to court on October 17, scheduled by Chancellor Kathaleen McCormick of Delaware’s Chancery Court, according to MarketWatch. The trial will take place through October 21 […]
After Elon Musk announced plans to countersue Twitter over his backing out of a $44 billion purchase, the billionaire’s lawyers have said the social media company is purposely making the pre-trial process impossible. Tesla’s lawyers have expressed that Twitter is making the pre-trial process extremely difficult, by not reciprocating necessary materials to cooperate with Chancellor […]
Following Elon Musk’s move to back out of a Twitter buyout, and his push for a trial regarding the case in 2023, the Tesla CEO is looking to countersue as the social media company tries to use the courts to force his takeover to be completed as planned. Musk is looking to file a counter-lawsuit […]
Tesla CEO Elon Musk and his lawyers have responded to Twitter’s lawsuit that aims to force the SpaceX CEO to follow through on the deal, according to filings on Friday. Bloomberg reports Musk’s legal team argues Twitter officials are seeking an unfair “warp speed” trial for September, slated for four days. Musk’s team instead wants […]
Twitter has filed a lawsuit in Delaware suing Tesla CEO Elon Musk, to force the latter to complete his proposed $44 billion deal, reports Bloomberg. “Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he — unlike every other party […]
After billionaire Elon Musk pulled out of his bid to acquire Twitter last Friday, the company is taking him to court over walking away — and Musk is tweeting memes about the company headed into the trial. Musk tweeted multiple pictures on late Saturday evening to mock Twitter’s attempts to hold him accountable for backing […]
Tesla CEO Elon Musk has announced on Friday he is “terminating” the merger agreement to buy Twitter, according to a filing with the SEC. The letter, dated July 8, 2022, is written by Musk’s lawyer, Mike Ringler from Skadden, Arps, Slate, Meagher & Flom LLP. “Mr. Musk is terminating the Merger Agreement because Twitter is […]
Elon Musk’s Twitter deal may still be in trouble, largely due to ongoing iterations of his issues with bots on the platform, according to reports from Yahoo Finance‘s Dan Howley on Friday. While Twitter apparently provided Musk with the bot account data it had access to, it wasn’t confirmed as to whether the company included […]
Tesla and SpaceX CEO Elon Musk continues to grow his social media following, as his Twitter account surpassed 100 million followers on Thursday. According to a live count of his Twitter followers on Social Blade, Musk’s account is at roughly 100,017,500 as of writing, fluctuating up and down a few hundred followers at at time. […]
Last week, Elon Musk addressed Twitter employees for the first time since the initial $44 billion offer, and now the company’s board of directors has officially endorsed the takeover. The Twitter board of directors unanimously urged the company’s investors to approve Musk’s takeover of the social media site on Tuesday, according to an SEC filing, […]
Elon Musk on Thursday addressed Twitter employees for the first time since initiating proceedings for his proposed $44 billion USD acquisition of the social media company. The Tesla CEO attended a Q&A session that has reportedly confirmed concerns regarding layoffs, a reduction in remote work opportunities, decreased content moderation on the platform, and more for […]
Elon Musk’s Twitter buyout has been in progress since April, and for the first time, the Tesla and SpaceX CEO is set to address the company’s employees. Musk is set to attend a company-wide meeting at Twitter on Thursday, as stated in an email by CEO Parag Agrawal on Monday, reports Business Insider. The meeting […]
Twitter has finally given in to Elon Musk’s demands for internal data the latter said he needs to conduct an independent evaluation of the number of spam and fake accounts on the platform — reports The Washington Post. The company’s board of directors has agreed to provide a “firehose” consisting of 500 million daily tweets […]
