Twitter News

Twitter Rejects Musk’s Claims That He Was Hoodwinked

Twitter Inc. on Thursday dismissed Elon Musk’s claims in a Delaware court filing that he was hoodwinked into signing the deal to buy the social media company, saying that it was “implausible and contrary to fact.” Musk made the claims …

Elon Musk Files Countersuit Under Seal Versus Twitter Over $44 Billion Deal

Elon Musk countersued Twitter Inc. on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly …

Twitter’s Battle With Elon Musk Over $44 Billion Deal Heads to Oct. 17 Trial

Twitter’s bid to hold Elon Musk to his $44 billion deal for the social media platform will head to a five-day trial beginning Oct. 17, and Musk must reveal by the end of Friday any legal claims he has against …

Twitter Sues to Force Musk to Consummate $44 Billion Buyout

Twitter Inc. sued Elon Musk over his abandoned $44 billion takeover bid, accusing the billionaire of having buyer’s remorse after his fortune declined. Lawyers for Twitter told a Delaware judge that the world’s richest man should be forced to honor …

Twitter Assembles Legal Team to Sue Musk Over Dropped Takeover

Twitter Inc. has hired merger law heavyweight Wachtell, Lipton, Rosen & Katz as it races to sue Elon Musk for moving to dump his $44 billion takeover of the company, according to people familiar with the matter. The social media …

Musk Says He May Drop Twitter Deal if Fake-Account Data Not Provided

Elon Musk warned Twitter Inc. on Monday that he might walk away from his $44 billion deal to acquire the social media company if it fails to provide the data on spam and fake accounts that he seeks. This was …

Musk Sued by Twitter Investors for Stock ‘Manipulation’ During Takeover Bid

Billionaire Elon Musk was sued by Twitter Inc .investors claiming he manipulated the company’s stock price downward, as the chief executive of electric carmaker Tesla Inc. mounts a $44 billion takeover bid for the social media platform. The investors said …

Twitter Will Pay $150M to Settle With U.S. Over Data Privacy Violations

Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according to court documents filed on Wednesday. Twitter’s …

Do Claims Against Musk Raise a Legal Issue for His Companies and Twitter Deal?

A report saying Tesla Inc CEO Elon Musk’s company SpaceX paid $250,000 to settle sexual harassment claims by a flight attendant on a private jet comes as he eyes a takeover of Twitter. Below is an overview of some of …

Musk-Owned Twitter Will Have to Follow EU’s Rules: Commissioner

A top EU official doesn’t expect to have a problem with Elon Musk, who is pursuing a free-speech agenda in his takeover of Twitter Inc., so long as the billionaire follows the region’s content rules. European Commissioner Thierry Breton warned …