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in Elon MuskElon Musk texted Larry Ellison all night before putting Twitter deal on hold
Elon Musk, the CEO of Tesla, texted Larry Ellison, the co-founder of Oracle Corporation, only hours before he declared that he was suspending his pursuit of the social media business, according to a recent court document from Twitter. According to Twitter’s court document, Musk and Ellison spoke by text message from May 12 to 12:20 […] More
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in Elon MuskElon Musk twitter case: Convicted Twitter spy says US hid whistle-blower report
An ex-employee of Twitter Inc. who was found guilty of spying for Saudi Arabia by handing over user personal information claims that prosecutors should have informed him about a study on security flaws at the firm. In a court document submitted on Thursday, Ahmad Abouammo claimed that the bombshell revelation may have benefited him. This […] More
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in Elon MuskBreaking: Twitter shareholders try to force Musk’s hand, approve $44 billion takeover offer
On Tuesday, Twitter threw another tactical bomb at Elon Musk in the spat over the businessman’s decision to pull out of the $44 billion acquisition of the social media site. Musk’s first April deal to purchase Twitter for $44 billion at $54.20 per share was approved by shareholders. The stock of the corporation is now […] More
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in Elon MuskUS Judge denies Elon Musk request to delay Twitter trial: Twitter stock spikes
However, the court decided on Wednesday that Elon Musk won’t be allowed to postpone a crucial October Twitter trial over the disagreement. Musk will be able to present new information from a Twitter whistleblower in his attempt to back out of his $44 billion bid to purchase the social media platform. Musk asked for the […] More
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in Elon MuskCourt orders Twitter to submit Spam accounts data to Elon Musk
In order to help his legal team explain Elon Musk’s reasons for pulling out of the $44 billion bid to purchase the social media business, Twitter was ordered by a U.S. court to give over some of its user data. Regarding the number of spam accounts on the social networking site, Musk had said that […] More
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in Elon MuskA big win for Twitter in court battle over discovery motions as Judge says Elon Musk’s ‘Logic is faulty’
In its legal battle with South African-born entrepreneur Elon Musk over his risky but ultimately unsuccessful attempt to acquire the digital behemoth for $44 billion, Twitter won a number of court triumphs. Twitter filed two requests for discovery in an attempt to pressure Musk to finish his takeover offer, and the Delaware Court of Chancery […] More
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in Elon MuskFormer Twitter CEO Jack Dorsey subpoenaed by Elon Musk amid legal battle
Both sides have submitted a rush of subpoenas as the trial date of October 17 — the day when Twitter’s case against entrepreneur Elon Musk goes to trial — approaches. The most recent development in that frenzy may be the subpoena sent to former Twitter CEO Jack Dorsey by billionaire Elon Musk’s legal team. Dorsey, […] More