Twitter Inc. filed a lawsuit against Elon Musk after the tech billionaire opted to pull out of the $44 billion deal to purchase the social media firm. The San Francisco-based company, which last week threatened to sue Musk over the deal, filed the lawsuit in the Delaware Chancery Court. The court specializes in corporate disputes. “Rather…
Elon Musk Channels Chuck Norris as He Looks to ‘Chuckmate’ Twitter In Court Fight
Billionaire tech mogul Elon Musk shared a meme on social media evoking determination to win his battle against Twitter in court even if the odds are stacked against him as the social media giant looks to sue to force him to go through with a $44 billion buyout bid. “Chuckmate,” Musk wrote in a post…
Elon Musk Channels Chuck Norris as He Girds Up for Twitter Court Fight
Billionaire tech mogul Elon Musk shared a meme on social media evoking determination to win his battle against Twitter in court even if the odds are stacked against him as the social media giant looks to sue to force him to go through with a $44 billion buyout bid. “Chuckmate,” Musk wrote in a post…
Twitter Accuses Elon Musk of ‘Knowingly’ Breaching $44 Billion Deal
Twitter has accused Elon Musk of “knowingly” breaching their contract for his purchase of the social media platform after he filed to pull out of the $44 billion deal. This comes days after the Tesla CEO on July 8 filed to exit the deal with Twitter over concerns about its spam bots, claiming Twitter breached their…
Capitol Report (July 11): Biden Calls for Assault Weapons Ban; Most Dems Don’t Want Biden to Run in 2024
July 11, 2022
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President Joe Biden held a White House celebration Monday to tout a gun control bill he signed into law last month. But Biden wants more restrictions on guns. The First Amendment is back in the spotlight with Elon Musk backing out of his bid to buy Twitter. As social media continues to ban and censor,…
Twitter Stock Plummets After Musk Backs out of Twitter Acquisition Deal
Shares of Twitter fell by over 10 percent on Monday following Elon Musk’s announcement that he intended to back out from a deal to acquire Twitter for $44 billion, raising speculation about likely future litigation against the Afrikaner billionaire. On Friday, Tesla CEO Elon Musk gave notice to Twitter that he intended to end his deal…
Musk Declines to Save Twitter From Itself
Commentary The question is finally settled: Elon Musk has declined to buy Twitter. His initial offer of $44 billion was contingent on truth and transparency of the company’s corporate filings. It’s no different from the contract you put on a house: the inspections still remain. If the foundation is cracked—or, worse, if the owners…
Elon Musk Reacts to Twitter Lawsuit Threat
Billionaire tech mogul Elon Musk reacted with a series of memes to Twitter’s preparations to sue him in a bid to force him to buy the social media platform for $44 billion. In a late-night Twitter post on Sunday, Musk shared a meme featuring with images of himself laughing, along with captions that marked several…
How Twitter and Tesla Shares Would React to Termination of Musk-Twitter Deal: Analysts Weigh In
After weeks of dilly-dallying, Tesla, Inc.’s chief executive officer Elon Musk confirmed late Friday that he is terminating the deal to buy Twitter, Inc. Legal Battle In Cards Close on the heels of Musk’s disclosure of his intentions, Bret Taylor, chairman of Twitter’s board, tweeted that the board is committed to closing the transaction on…
Elon Musk Reacts to Biden’s Apparent Teleprompter Gaffe
Elon Musk has weighed in on a video of President Joe Biden reading what appears to be a teleprompter instruction line during a live announcement on Friday. Biden was addressing the nation over an executive order related to the reversal of Roe v. Wade when he seemingly went too far by reading out directions—”End of…
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