Page 43 - Twitter

Twitter sues Tesla CEO Elon Musk for violating $44 billion merger deal

"Musk apparently believes that he - unlike every other party subject to Delaware contract law - is free to change his mind, trash the company," Twitter said in the lawsuit

Twitter shares rise over 6% after Hindenburg takes long position

Twitter has sued Musk for violating his $44-bn deal and asked a Delaware court to order him to complete the merger at the agreed $54.20 per Twitter share

Twitter shares still reflect hope $44-bn deal with Musk gets done

While Twitter plunged further below Musk's $54.20 bid this week, the shares are still pricing in the possibility that the two sides can agree on a transaction at a lower price

Twitter launches Unmentioning feature allowing users to quit conversations

The platform has deployed several features to keep mentions civil, including an anti-harassment Safety Mode

Twitter lawyers say they can prevail over Elon Musk in just four days

The Twitter buyout agreement specifies all legal disputes over the deal must be heard in Delaware, corporate home to more than half of US public companies, including Twitter and Musk's Tesla Inc

'Oh the irony lol': Musk reacts as Twitter sues him for breach of contract

Tesla CEO Elon Musk was quick enough to react to a lawsuit filed against him by Twitter for breaching the USD 44 billion contract.

Ditching Twitter makes Elon Musk richer by billions, says report

Sold 9.6 mn Tesla shares at an average of $885 per share to finance Twitter deal

Govt may ask Twitter, Facebook to explain low compliance to notices: Report

The IT ministry will review actions taken by significant social media intermediaries, both voluntarily and in response to official notices in India as well as other nations

How Elon Musk damaged Twitter and left it worse off after ending deal

Now, as Mr. Musk, a billionaire, tries to back out of the blockbuster deal, he is inexorably leaving Twitter worse off than it was when he said he would buy it

As Elon Musk-Twitter braces for legal fight, here's what happens next

Tesla CEO Elon Musk and Twitter are bracing for a legal fight after the billionaire said Friday he was abandoning his $44 billion bid for the social media company.

Twitter lawyers up to sue Musk on broken buyout deal; stock sinks 8%

Shares dropped 8.8% to $33.59 as of 12 p.m., on track to erase about $2.5 billion in market value

Elon Musk's alarm over Twitter bots takes the lid off advertising frauds

Twitter claimed that less than 5 per cent of its accounts are fake, but global research agencies say it is at least 3x the quoted number

Looming Musk-Twitter legal battle hammers social media company's shares

Shares of Twitter slid more than 6% at the opening bell Monday after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company

Twitter shares slide 6% after Elon Musk's $44-bn deal falls apart

On Monday, Musk took a jab at Twitter's stance, tweeting that the legal battle would lead to the company disclosing information on bots and spam accounts in court

Tesla CEO Elon Musk takes swipe at Twitter's lawsuit threat with a meme

Tesla and SpaceX CEO Elon Musk has taken a swipe at Twitter who has threatened to sue the American billionaire over the termination of the USD 44 billion deal.

Twitter hires top legal firm to sue Elon Musk for ending $44 billion deal

Twitter is contemplating legal action against Tesla and SpaceX CEO Elon Musk over his decision to terminate a USD 44 billion takeover deal.As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk.Twitter will file its lawsuit in Delaware next week. Meanwhile, Musk is being represented by the law firm Quinn Emanuel Urquhart & Sullivan.On Saturday, Bret Taylor, Twitter's chairman said, "The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery."Musk announced the termination of a USD 44 billion Twitter purchase deal in a letter sent by Musk's team to Twitter earlier on Saturday.Musk decided to suspend the deal due to multiple breaches of the purchase agreement.The Tesla CEO's team strongly believes that the ...

Donald Trump lashes out at Elon Musk and the 'rotten' Twitter deal

Trump's comments come in the wake of Musk expressing a leaning toward Ron DeSantis, currently the Florida governor and a favored Republican candidate for the 2024 presidential election

Elon Musk effort to kill deal leaves Twitter with only bad options

Musk's regulatory filing Friday announcing plans to walk away from his $44 billion purchase touched off a nightmare scenario for Twitter

Twitter has strong case against Elon Musk, but could opt for renegotiation

Delaware courts, where the dispute between the two sides is set to be litigated, have set a high bar for acquirers being allowed to abandon their deals

Bankers look past Elon Musk's Twitter fickleness for future deals

While Musk has said he's walking away, Twitter has vowed to keep the deal alive and has threatened legal action