Business News Social Media

Elon Musk justifies request to terminate the $44 billion Twitter acquisition deal

Elon Musk, CEO of Tesla, has once again justified his request to cancel the $44 billion Twitter acquisition deal. This time, the billionaire cites recent claims by a former security head of the social media firm that back up his position on the number of spam accounts on Twitter. In a complaint filed last week, […]

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Social Media

Twitter to officially add podcasts to its app

Twitter is officially coming into the world of podcasts. The social media company has announced the launch of a test version of its Twitter Spaces that’ll be integrated with podcasts. The redesigned Spaces tab and the addition of podcasts will be visible to a group of global English-speaking audience on iOS and Android, and allow […]

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Business News Technology

Musk wins lawsuit against Twitter, as the company is ordered to turn over documents.

Musk’s lawyers demanded that 22 Twitter employees turn over documents. Kayvon Beykpour, an employee, was ordered to produce documents by the judge presiding over the case.Musk is now seeking additional data information through a confidential motion. Business Insider has learned that Elon Musk will receive some of the additional information he has requested from Twitter […]

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Twitter refutes Musk’s countersuit claims

Elon Musk is attempting to get out of the deal by claiming that Twitter falsely exaggerated the number of phony accounts on the network. Still, Twitter has filed a court response rejecting his counterclaims against the company he plans to acquire. In a 127-page document, Twitter refutes Musk’s claims, calling them “a made-for-litigation story that […]

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Twitter, Musk get October date for $44b deal trial

After a Delaware judge ruled yesterday that the social media business deserved a speedy resolution of the deal’s uncertainties, Twitter’s lawsuit to hold Elon Musk to his $44 billion takeover of the microblogging site will go to trial in October.The decision is a setback for Musk, who pushed for a trial in February, claiming that […]

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