Tag Archives: twitter

Twitter has officially sued Elon Musk after he decided to terminate the $44 billion deal he signed to buy the social media platform earlier this year. The suit, which was obtained and shared by NPR, was filed in Delaware’s Court of Chancery Tuesday, July 12. It accuses Musk of reneging …

Elon Musk’s purchase of Twitter appears to be in jeopardy as the Tesla CEO’s advisors warned the social media company Friday that he is backing out of their $44 billion deal. In the filing to Twitter’s chief legal officer, Musk’s team said he was “terminating the Merger Agreement” between the …

Elon Musk no longer wants Twitter, and right wing figures who saw the purchase as an opportunity to reshape the platform in their favor are devastated. A statement filed to the Securities and Exchange commission by Musk’s attorneys declared that “Mr. Musk is terminating the Merger Agreement,” alleging that “Twitter …

Twitter is fighting a Jan. 6 committee request for its employees’ internal communications —including Slack messages about moderating Tweets related to the Capitol attack, three sources familiar with the matter tell Rolling Stone. The social media giant is asserting a First Amendment privilege to push back on the panel’s demand …

Elon Musk is threatening to terminate his deal to buy Twitter — even though he signed a contract saying he would — with his lawyer alleging that the social media company has not properly allowed Musk to evaluate the number of fake accounts on the platform. In a letter to …

On Monday, a new Twitter user with the handle @BuffaloSh00ting, the screen name “Buffalo Supermarket Video,” and a bio reading “Buffalo Supermarket Video, Get it here,” popped up on the platform. The account’s avatar was a depiction of Red Skull, the Nazi supervillain from the Marvel universe; its header image …

Elon Musk tweeted on Friday morning that his deal to take control of Twitter is currently “on hold,” but that he is “still committed to acquisition.” The reason for the delay? Musk claims he wants to confirm Twitter’s claim that spam and fake accounts make up less than five percent …

Elon Musk said on Tuesday that he would reverse Twitter‘s ban of Donald Trump, calling the permanent suspension of the former president’s account following the Jan. 6 attack on the Capitol a “morally bad decision” and “foolish in the extreme.” “I do think it was not correct to ban Donald …

Elon Musk told the banks that facilitated his purchase of Twitter that he may cut executives’ pay and monetize tweets, Reuters reported on Friday, citing three people familiar with the matter. Musk reportedly informed the banks of his plans — which are not set in stone — the week before …

The Wall Street Journal on Friday dug into the circumstances of Elon Musk‘s $44 billion purchase of Twitter, as well as those who had his ear and may have convinced him to go through with the move. Among them are billionaire GOP donor Peter Thiel and former Twitter CEO Jack …