Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight
To escape the deal, Musk must prove the alleged omission amounts to an "unexpected, fundamental, permanent" negative development -- akin to blowing a hole in the transaction that can't be fixed
Twitter's chairman, Bret Taylor, said on the micro-blogging platform that the board planned to pursue legal action to enforce the merger agreement
The deal was already in uncertain territory, according to Musk, after he demanded more information on the percentage of spam accounts on the platform
Since the FCC initiated the 12 GHz proceeding 18 months ago, the coalition has worked with top experts, 'to submit robust, data-driven technical analyses into the record'
Micro-blogging platform Twitter has laid off 30 per cent employees from its talent acquisition team amid the $44 billion takeover by Elon Musk, the media reported on Friday
Tech billionaire Elon Musk's offer to buy the microblogging platform Twitter for $44 billion is in serious trouble, media reports say
The plaintiffs alleged that the company did not provide the 60 days of advance notice required by federal law during layoffs
The lawsuit names tech giant Tesla, as well as managers and supervisors who allegedly perpetuated constant racism and discrimination at Tesla
Twitter banned more than 46,000 accounts of Indian users in May over violation of its guidelines, the microblogging platform said in its monthly compliance report on Sunday.
All told, the world's 500 richest people lost $1.4 trillion in the first half of 2022
Despite losing $61.8 billion, Elon Musk has the biggest fortune with $208.5 billion
FCC has also granted the approval to Kepler Communications, paving the way for a new class of user terminals that can connect to broadband-beaming satellites
Elon Musk-owned Tesla has reportedly shown exit door to approximately 200 workers from its Autopilot team and closed an office in California, media report says
Tesla still sells far more cars, but it took firm a decade to deliver as many electric vehicles as Hyundai and Kia have managed in a few short months
The electric car-maker started laying off salaried employees after Musk announced last week to cut the workforce, which would result in reducing Tesla's total headcount by roughly 3.5 per cent
Musk engaged in hyperbole elsewhere in the interview, and he may have been doing so when mentioning the risk of bankruptcy
The social media platform normally limits posts to 280 characters
"Both Berlin and Austin factories are gigantic money furnaces right now," the chief executive officer said in a video interview with Tesla Owners of Silicon Valley posted online Wednesday
The company has applied with the city of Austin to build a tunnel on the Tesla Gigafactory Texas property for the project "Colorado River Connector Tunnel"