Twitter has sued Elon Musk for violating his $44-billion deal, accusing him of trashing the company, disrupting its operations and destroying shareholder value.
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Twitter fired back at Elon Musk, accusing the world’s richest person of “knowingly” breaching an agreement to buy the social media firm.
Twitter has a strong legal case against Elon Musk walking away from his $44-billion deal to acquire the US social media company.
Elon Musk is terminating his $44-billion deal to buy Twitter, setting the stage for an ugly legal battle.
Twitter employees expressed disbelief and exhaustion after Elon Musk terminated a deal to buy the social media company.
Twitter removes more than a million spam accounts each day, executives said, as billionaire Elon Musk demanded more details from the social media company.
Elon Musk said there are still a few unresolved matters with his Twitter deal, including the number of spam users on the platform.
Elon Musk’s efforts to arrange new financing that will limit his cash contribution to his $44-billion acquisition of Twitter have been put on hold, sources said.
Billionaire Elon Musk has been sued by Twitter investors claiming he manipulated the company’s stock price downward.
Broadcom has agreed to buy cloud computing company VMware for about$61-billion in one of the largest technology deals of all time.