UP

Elon Musk accuses Twitter of fraud

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

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

Axar.az reports citing The Washington Post that the countersuit filed by the billionaire and Tesla CEO filed Thursday alleges that Twitter committed fraud, breach of contract and 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 / 23:32
Author
Axar.az
See also

Durov launches Google Cloud alternative “Cocoon”

OpenAI bans ChatGPT legal and medical advice

Amazon cuts 14,000 corporate jobs amid AI expansion

Apple approaches $4T valuation as confidence reignites

WhatsApp to limit messages sent to unknown contacts

Afghanistan restricts access to social media

Apple removes ICEBlock app after Trump administration pressure

OpenAI hits $500B valuation

Harsh conditions at the iPhone 17 factory in China

NASA targeting early February for Artemis II mission

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