Page 80 - Twitter

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

Top headlines: Adani may join spectrum race, Musk pulls out of Twitter deal

Elon Musk pulls out of Twitter deal, micro-blogging platform vows legal fight

The fight between Elon Musk and Twitter will come down to three words

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 vows legal fight after Elon Musk pulls out of $44 bn deal

Twitter's chairman, Bret Taylor, said on the micro-blogging platform that the board planned to pursue legal action to enforce the merger agreement

'To make the right decisions': Rishi Sunak bids to replace PM Johnson

Rishi Sunak became hugely popular during the pandemic after crafting a massive package worth tens of billions of pounds to help businesses and workers

Elon Musk's $44-billion Twitter deal in 'serious jeopardy': Report Agencies

The deal was already in unce­rtain territory, according to Musk, after he demanded more inform­ation on the percentage of spam accounts on the platform

Twitter fires 30% employees from its talent acquisition team, says report

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

Billionaire Elon Musk's $44 bn Twitter deal in serious trouble, say reports

Tech billionaire Elon Musk's offer to buy the microblogging platform Twitter for $44 billion is in serious trouble, media reports say

Centre's blocking orders are manifestly arbitrary: Twitter to Karnataka HC

Twitter said that the IT ministry has recently ordered to take down 1,474 accounts, and 175 tweets

Top headlines: Capex distribution rules, Edible oil prices fall, and more

Business Standard brings you the top headlines at this hour

TMS Ep210: Govt vs Big Tech, SEZs in India, crude oil prices, IPO allotment

Why's there a growing unease between the govt and Big Tech in India? Why have SEZs not taken off in India? Where are crude oil prices headed? How to apply for an IPO and check allotment? Answers here.

Why is there a growing unease between the govt and Big Tech in India?

India is seeing yet another showdown between Twitter and regulators. The microblogging site has challenged the government's directives asking it to take down certain posts. Why is this growing unease?

'Take it down': Indian requests to social media firms at record highs

Twitter got the largest rise in government demand about content compared to the pre-pandemic period

Why Twitter sought legal action and moved HC against Indian govt

Twitter in its petition said that content does not meet the threshold for blocking under section 69A

Twitter removes filmmaker Leena Manimekalai's 'Kaali' poster tweet

In the said tweet posted on July 2, the Toronto-based director had shared the poster of "Kaali", which depicted the titular goddess smoking and holding an LGBTQ flag.