https://townhall.com/tipsheet/...s-elon-musk-n2610132

As was to be expected, Twitter has sued Elon Musk for backing out of the deal to buy the social media platform. Musk had announced his intention to no longer pay $44 million for Twitter last Friday, claiming that Twitter had not met its contractual obligations, with specific concerns having to do with the undercounting of "bot" accounts and access to related data.

CNBC reported that the lawsuit was filed in the Delaware Court of Chancery, and laid out what could be an "unpredictable" legal battle:

The lawsuit filed on Tuesday marks the beginning of what could be a protracted legal battle as Twitter seeks to hold Musk to his deal to pay $54.20 per share for the company, and as Musk seeks to be let out of the agreement because of issues with spam bots or deal procedure.

The outcome of the dispute could be unpredictable, legal experts say, and could involve a judge forcing Musk to complete the deal, Musk paying a $1 billion breakup fee, or other scenarios including a settlement or Musk walking away without paying anything.

... and one would think, that to 'win', the twats have to divulge how many monetizable daily active user accounts are on the platform ... and the region and age demographics come into play too.

Depending on the source, in Feb 2022, that number of accounts was 217 million, with 38 million US adults.

Now, if one cares, compare that to LINE - Japan's #1 social media platform - with 89 million monthly active users.

Good on ya Jack, on doing the world a big flavor. Let's see your hand.

</chris>

quote:

Originally posted by bigdeal:
IMO this is Trump's biggest weakness, weighing into something he doesn't need to comment on. 'If' Trump really does want to run for president again, comments like this only hurt that effort.

Yeah, he did it again today.

Doesn't this give Musk the opportunity to make Discovery of the facts for the case? So Twitter will have to prove the numbers they stand by.

In other words, Twitter took a crap in Elon Musk's bed.

quote:

Originally posted by sigmonkey:
In other words, Twitter took a crap in Elon Musk's bed.

That's the way I Heard it.

quote:

Originally posted by parabellum:

quote:

Originally posted by DennisM:
IANAL

A rather unfortunate acronym

Well, it does involve lawyers so very apposite.

quote:

Originally posted by SIG4EVA:

very apposite.

I learned a new word today.

SIGforum, fulfilling all your education needs.

quote:

That's the way I Heard it.

Did they make a Depposition?

This process will be preserved in history, like a fly in Amber.

quote:

Originally posted by V-Tail:

quote:

Originally posted by SIG4EVA:
very apposite.

I learned a new word today.

I was just about to post the same thing.

With today's public, either a person is very erudite, or a complete idiot. There seems to be many fewer that are in between anymore.

quote:

Originally posted by V-Tail:

quote:

Originally posted by SIG4EVA:

very apposite.

I learned a new word today.

SIGforum, fulfilling all your education needs.

Happy to be of service

Ralph Nader is still alive???

I though he perished in a one car Corvair accident back in the 60's.

https://fortune.com/2022/08/11...r-technology-recall/

"The man who forever changed vehicle safety standards in the U.S. has a scathing new message for Elon Musk and Tesla’s self-driving car technology: He thinks it’s dangerous, and regulators should get involved. "

What is Unsafe at any Speed 2: Cruise Control?

https://hotair.com/ed-morrisse...nts-with-sec-n493234

In an SEC filing Tuesday, Musk said his legal team notified Twitter of “additional bases” for ending the deal on top of the ones given in the original termination notice issued in July.

In a letter to Twitter Inc., which was included in the filing, Musk’s advisors cited the whistleblower report by former executive Peiter Zatko — also known by his hacker handle “Mudge.”

Zatko, who served as Twitter’s head of security until he was fired early this year, alleged in his complaint to U.S. officials that the company misled regulators about its poor cybersecurity defenses and its negligence in attempting to root out fake accounts that spread disinformation

The letter, addressed to Twitter’s Chief Legal Officer Vijaya Gadde, said Zatko’s allegations provide extra reasons to end the deal if the July termination notice “is determined to be invalid for any reason.”

Elon Musk’s legal team subpoenaed Twitter whistleblower Peiter Zatko to appear Sept. 9 for a deposition in an ongoing legal fight over the billionaire’s deal to acquire the social network for $44 billion.

The subpoena seeks any documents Zatko has related to his complaint to federal regulators that Twitter has misled the public about “extreme, egregious deficiencies” in its security practices, as well as any documents related to spam on the platform, the company’s attempts to hide its security vulnerabilities, and allegations that company employs foreign intelligence service agents.

Looks like Twitter's Back on the Menu, Boys....

quote:

Elon Musk has offered to close his $44 billion deal to buy Twitter Inc. TWTR 12.67%▲ on the terms he originally agreed to, according to a person familiar with the matter, an unexpected twist that could allow the two sides to avert a high-stakes trial set to begin soon.

Non-paywalled link WSJ 10/4/22

The torment of it all.

Musk: I'm gonna buy Twitter

Twitter: I don't think so

Musk: No, really, I'm gonna buy you

Twitter: Never!

Musk: OK, y'know what? I'm not going to buy you

Twitter: You can't back out. You said you were going to buy us, now we'll MAKE YOU buy us!

{lawyerslawyerslawyers. threatslawyerslawsuitlawyerswordswords}

Musk: OK, I changed my mind again. I'm gonna buy you.

Twitter: