Elon Musk Questions Why SEC Not Investigating Twitter Spam Data

The world's richest person has taken his concern about Twitter Inc. To the social media site again. Musk said the deal to buy the company should proceed on original terms if Twitter would provide their method for sampling accounts and confirm them to be genuine.
#Musk #TwitterInc #BusinessIndustrial #News #BusinessNews


1 weeks ago

Elon Musk says Twitter deal should go ahead

If Twitter Inc. Could provide its method of sampling 100 accounts, his $44 billion deal to buy the company should proceed on its original terms. If it turns out that their SEC filings are materially false, then it should not, Musk tweeted early on Saturday.
#Musk #TwitterInc #News #BusinessIndustrial


1 weeks ago

Elon Musk seeks to block Twitter's request for expedited trial

Elon Musk filed a motion on Friday opposing Twitter Inc's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm. Musk's lawyers, in papers filed with the Delaware Chancery Court, said Twitter's unjustifiable request to rush this merger case to trial in just two months should be rejected. Shares of Twitter were down about 1% in extended trading.
#ElonMusk #TwitterInc #News


4 weeks ago

Elon Musk-Twitter deal: Tesla CEO seeks to block Twitter request for expedited trial

Elon Musk filed a motion on Friday opposing Twitter Inc's request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm. The San Francisco-based company is seeking to resolve months of uncertainty for its business as Musk tries to walk away from the deal for what he says is Twitter’s spam bot problem.
#ElonMusk #TwitterInc #SanFrancisco #BusinessIndustrial #Science #EngineeringTechnology


4 weeks ago

SEC steps up scrutiny over Musk comments on $44 billion Twitter deal

U.S. Securities regulator quizzed Elon Musk last month over a tweet in which the world's richest person raised doubts over whether he would move ahead with his $44 billion acquisition of Twitter Inc due to concerns over the number of fake users on the platform. The SEC asked Musk in a letter whether he should have amended his public filing to reflect his intention to suspend or abandon the deal.
#ElonMusk #TwitterInc #News #BusinessIndustrial


1 months ago

Instagram down for thousands of users, says Downdetector

Instagram down for thousands of users, says Downdetector.cOm. Nearly 24,000 users of Instagram were impacted by 5:00 p.m. ET. Twitter Inc had a near three-hour outage earlier on Thursday that affected as many as 50,000.
#TwitterInc #OnlineCommunities #PhotoVideoSharing #PhotoImageSharing


1 months ago

Twitter sues Elon Musk to hold him to $44 billion merger

Twitter sues Elon Musk to hold him to $44 billion merger. Twitter Inc asked a Delaware court to order Musk to complete the merger at the agreed $54.20 per Twitter share. Musk said he was terminating the deal because Twitter violated the agreement by failing to respond to requests for information regarding fake or spam accounts.
#ElonMusk #Twitter #Delaware #News #BusinessIndustrial


1 months ago

Elon Musk laughs off Twitter lawsuit in characteristic meme fashion

Elon Musk issued a humorous late-night response to Twitter Inc.’S preparations to sue and force him to complete a $44 billion takeover of the company. Musk agreed to take Twitter private at a price of $54.20 per share in late April. Musk has expressed growing discontent about the deal and argued Twitter failed to disclose essential information.
#ElonMusk #TwitterInc #BusinessIndustrial #News #BusinessNews


1 months ago

Elon Musk steals the show at the sleepy Sun Valley moguls conference

Elon Musk’s arrival at the Allen & Co Sun Valley Conference delivered a jolt to the annual gathering of media and technology executives this week. Musk is scheduled to be interviewed on stage Saturday at the Sun Valley Lodge resort, less than 24-hours after he announced he was terminating his $44 billion deal to buy Twitter Inc.
#ElonMusk #Allen&Co #SunValleyConference #SunValley #News #BusinessIndustrial #ComputersElectronics


1 months ago

Elon Musk scraps $44 billion Twitter deal over ‘misleading representations’

Elon Musk says Twitter has made “misleading representations” over the number of spam bots on the service. Twitter has denied that claim, saying bots are less than 5% of the total users. Musk says he's terminating his $44 billion agreement to acquire Twitter Inc. And take it private.
#ElonMusk #Twitter #News #BusinessIndustrial


1 months ago