Business Maverick: Twitter rejects Musk’s claims that he was hoodwinked

Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday.

The two sides head to trial on 17 October after Musk sought to abandon his deal to acquire Twitter over what he says is a misrepresentation of fake accounts on the site. While “Twitter touts having 238 million ‘monetisable daily active users’, those users who actually see ads” is roughly 65 million lower, Musk says in the counterclaims.Musk, the chief executive of electric car company Tesla, offered to buy Twitter for $54.20 per share in April, saying he believed in its potential as a global platform for free speech.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Elon Musk's countersuit against Twitter says the company misrepresented itself and misled him | BusinessinsiderElon Musk confidentially filed the countersuit last week, escalating his legal fight against Twitter over trying to back out of the $44 billion deal. | BISouthAfrica
La source: News24 - 🏆 4. / 80 Lire la suite »

Business Maverick: Crypto bridge Nomad offers 10% bounty after $190m hackCryptocurrency company Nomad is offering a bounty to recoup funds spirited away in a $190-million hack that again highlighted security vulnerabilities in the digital-token sector.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »