Tag Archives: Twitter

Kevin Durant is back with the Brooklyn Nets, and so are his Twitter fights. Soon after the Nets announced they and Durant agreed to stick together, Utah Jazz guard Patrick Beverley asserted that the months-long trade speculation around Durant likely affected the livelihood of many players in the league. Beverley insinuated that players, “Haven’t got a job because of this KD [expletive],” and that he didn’t like the Nets effectively dangling the allure of a Durant trade in front of seemingly… Source link

Alex Kantrowitz Elon Musk appeared to indicate “X.com” could become a Twitter competitor. Musk bought the domain name in 2017 from PayPal as it had “sentimental value.” Twitter is attempting to force Musk to buy the social media company in court for $44 billion. Elon Musk teased a possible Twitter competitor if he isn’t forced to go through with the $44 billion deal. Musk responded to a question on Twitter as to whether he’d launch his own site by simply tweeting “X.com” on Tuesday. The comment… Source link

(Bloomberg) — Elon Musk sold $6.9 billion of his shares in Tesla Inc. the billionaire’s biggest sale on record, saying he needed cash in case he is forced to go ahead with his aborted deal to buy Twitter Inc. Most Read from Bloomberg “In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,” Musk tweeted late Tuesday after the sales were disclosed in a series of… Source link

Tesla (TSLA) CEO Elon Musk raised the stakes in his court battle with Twitter (TWTR) on Friday, filing a counter lawsuit that accuses the social media company of fraud. “He’s now really doubling down,” University of Iowa corporate and securities law professor Robert Miller says about Musk’s countersuit. “That’s a very strong claim, if true.” In his countersuit made public on Friday, Musk’s lawyers detailed arguments first made in a July 8 letter to terminate Musk’s agreement to… Source link

Elon Musk’s lawyers are accusing Twitter (TWTR) of “burying” his side of the story in their dispute over the Tesla (TSLA) CEO’s decision to renege on a $44 billion deal to buy the social media site. In dueling letters filed in Delaware Chancery Court on Wednesday, Twitter argued that court rules require Musk’s countersuit, now filed under seal, to be blocked from public view for five business days. Meanwhile, Musk accused Twitter of misapplying the rule to conceal his version of… Source link

Bankers and advisers that backed Tesla (TSLA) CEO Elon Musk’s $44 billion bid for Twitter (TWTR) have been hit with a flood of new subpoenas from the social media site’s lawyers. Those lawyers want to know what happened in Musk’s private negotiations leading up to the now-disputed deal. On Tuesday, Twitter filed more than a dozen subpoenas in its fast-tracked lawsuit to force Musk to go through with the deal. The filings directed to Musk’s advisers and would-be lenders — including Source link

When Jack Sweeney refused a $5,000 offer from Elon Musk to stop tweeting about the billionaire’s private jet activity, he didn’t know how fast his flight-tracking endeavor would scale. Now, the 19-year-old University of Central Florida sophomore has 30 accounts and a new target: the flight paths of private jets belonging to celebrities and the polluting carbon emissions their trips rack up. Earlier this month, Sweeney’s brainchild, the @CelebJets automated Twitter account, revealed a Source link

JAKARTA, July 20 (Reuters) – Neither Alphabet Inc’s Google (GOOGL.O) nor Twitter Inc (TWTR.N) had signed up to Indonesia’s new licensing rules as of midday Wednesday, ministry records showed, as a deadline loomed that could see their services temporarily blocked in the country. The registration is required under rules released in late 2020 that give authorities broad powers to compel platforms to disclose data of certain users and take down content deemed unlawful or that “disturbs public… Source link

Like countless other contract disputes, Twitter’s (TWTR) clash with Elon Musk over the Tesla CEO’s (TSLA) attempted exit from his $44 billion agreement to acquire the social media company turns on language that can be open to multiple interpretations. Don’t expect Twitter or Musk to admit that the legalese laying out the terms of their merger agreement leaves the slightest ambiguity about their respective rights, though. After publicly taunting Twitter with the threat of a hostile… Source link

This article was first featured in Yahoo Finance Tech, a weekly newsletter highlighting our original content on the industry. Get it sent directly to your inbox every Wednesday by 4 p.m. ET. Subscribe Wednesday, July 13, 2022 Twitter should ditch Musk Twitter (TWTR) has asked a Delaware court to force Tesla (TSLA) CEO Elon Musk to stick to his agreement to buy the social network for $44 billion. But the company’s own lawsuit illustrates exactly why the Tesla chief is possibly one of the least… Source link