UP

Elon Musk’s countersuit accuses Twitter of fraud

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto
Elon Musk’s countersuit accuses Twitter of fraud

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44-billion deal to buy the social media company, which he said held back necessary information and misled his team about its true user base, according to media reports.

Axar.az reports that according to the Washington Post, the countersuit filed Thursday by the billionaire and Tesla CEO alleges that Twitter committed fraud, breach of contract, and a violation of the Texas Securities Act.

Musk’s counterclaims were filed confidentially last week and unsealed in a filing late Thursday at the Delaware Chancery Court, the Wall Street Journal reported.

Musk had offered to buy the company earlier this year, then tried to back out of the deal by claiming the social platform was infested with much larger numbers of “spam bots” and fake accounts than Twitter had disclosed.

Date
2022.08.05 / 17:56
Author
Zuleykha Aghasieva
See also

More personal ChatGPT use could boost ads

NASA targets march 6 for crewed moon mission

Hollywood's copyright fight meets China's AI boom

Users report disruptions in the X platform operation

China's humanoid robots ready for Lunar New Year showtime

Sega console pioneer dies at 77

X removes blue checks from Iranian officials

Russia blocks WhatsApp and YouTube

Armenian YouTubers can finally earn money

Azerbaijan considers banning Roblox and PUBG

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla