A Delaware judge halts Twitter’s case against Elon Musk. The delay will allow Musk to fund his $44 billion acquisition of the social media site. Twitter shares increase 1% after hours; they closed down 3.7% earlier in the day. On the eve of trial, a Delaware court on Thursday halted Twitter’s case against Elon Musk, … Read more
Twitter said Musk was trying to get out of the deal under false pretenses. Twitter sued Elon Musk on Tuesday for trying to terminate his takeover bid. Elon Musk’s net worth has dropped by $65 billion. Twitter sued Elon Musk on Tuesday because the billionaire tried to end his plan to take over the company. … Read more
Musk says the company didn’t do enough to address his concerns about fake and spam accounts. Elon Musk, has decided to back out of the $44 billion. There is a special clause in the multi-billion dollar deal. Elon Musk, CEO of Tesla and SpaceX, has decided to back out of the $44 billion deal to … Read more
The announcement, first reported by Business Insider, comes after Twitter announced last week that a shareholder vote on the sale would take place in early August. Musk will attend the company’s all-hands conference this week, according to a Twitter representative. Earlier this month, Musk told Twitter that if it fails to supply the data he … Read more
According to reports, Elon Musk will be granted access to Twitter’s “firehose” of proprietary data. According to the Washington Post, Musk could get access to internal data as soon as this week. This is just the latest twist in Musk’s tumultuous proposed takeover of Twitter. According to the Washington Post, Twitter has agreed to Elon … Read more
Elon Musk’s tweet spurs on suspicions of him not buying Twitter after all Tesla CEO Elon Musk has placed his arrangement to purchase Twitter on what he referred to a brief as “hold,” raising new questions about whether he’ll continue with the $44 billion procurement. Musk tweeted early Friday that he needed to pinpoint the … Read more
