Tag: Twitter vs Elon Musk

Elon Musk Gets Reason To Drop Twitter Purchase?
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Elon Musk Gets Reason To Drop Twitter Purchase?

[ad_1] Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion purchase of the social media platform. Elon Musk told Twitter Inc. that a $7 million severance payment to a whistle-blower who raised questions about problems at the company gives him another reason to walk away from his $44 billion purchase of the social media platform. Musk is trying to terminate his acquisition of Twitter after claiming the platform misled him and investors about the number of spam and bot accounts among its more than 230 million users. Twitter counters that Musk's bot concerns are a pretext to get out of ...
Elon Musk Files Amended Counterclaims In Legal Battle Against Twitter
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Elon Musk Files Amended Counterclaims In Legal Battle Against Twitter

[ad_1] Elon Musk announced the termination of the Twitter deal alleging multiple breaches of the agreement.Wilmington: Elon Musk filed under seal an amended countersuit against Twitter Inc on Friday to incorporate recent whistleblower claims of security lapses at the social media platform, according to court records.Musk, the world's richest person and chief executive of Tesla Inc, is waging a legal battle to end his $44 billion deal for the company.(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.) [ad_2] Source link
Jack Dorsey Says His “Biggest Regret” Is Twitter Became A Company
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Jack Dorsey Says His “Biggest Regret” Is Twitter Became A Company

[ad_1] Jack Dorsey says he believes Twitter should not be owned by a state, company.San Francisco: Twitter founder and former chief executive Jack Dorsey tweeted Thursday that he regrets the social media platform became a company."The biggest issue and my biggest regret is that it became a company," Dorsey tweeted in response to a question about whether Twitter turned out the way he had envisioned.Dorsey stands to receive $978 million if the agreement for billionaire Elon Musk to buy Twitter is completed.When asked about what structure he wished Twitter would operate under, Dorsey said that it should be "a protocol" and that Twitter should not be owned by a state or another company.If it were a protocol, Twitter would operate much like email, which is not controlled by one centralized en...