Elon Musk

2022 - 8 - 31

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Image courtesy of "CNBC"

Elon Musk cites whistleblower claims in latest effort to scrap Twitter ... (CNBC)

Elon Musk filed another notice on Tuesday to terminate his acquisition of Twitter, citing additional "undisclosed" reasons.

17 in Delaware](https://www.cnbc.com/2022/07/29/the-elon-musk-twitter-trial-will-start-october-17.html) to resolve Musk's attempt to cancel his acquisition of the company unless they reach a settlement first. Twitter said Musk's termination case is "invalid and wrongful under" the acquisition agreement. Twitter's legal team said Musk's latest notice to terminate the deal is "invalid for the independent reason that Mr. Securities and Exchange Commission to [terminate the Twitter acquisition](https://www.cnbc.com/2022/07/08/elon-musk-notifies-twitter-he-is-terminating-deal.html). [statement](https://katzbanks.com/news/statement-debra-s-katz-alexis-ronickher-attorneys-peiter-%E2%80%9Cmudge%E2%80%9D-zatko) on Monday in response to that characterization, saying he "put his career on the line because of his concerns about Twitter users, the public, and the company's shareholders." The letter laid out some of Zatko's other allegations including claims that Twitter is "uniquely vulnerable to systemic disruption resulting from data center failures or malicious actors," something senior management knew about but "ignored and sought to obfuscate." 23 by CNN correspondent Donie O'Sullivan, Agrawal described Zatko as "a former Twitter executive who was terminated in January 2022 for ineffective leadership and poor performance." In the July 8 letter, Musk's legal team claimed the company had "failed or refused to provide" information on these accounts to the [Tesla](//www.cnbc.com/quotes/TSLA) CEO. [Musk](https://www.cnbc.com/elon-musk/)'s legal team initially filed a notice with the U.S. "Contrary to the assertions in your letter, Twitter has breached none of its representations or obligations under the Agreement, and Twitter has not suffered and is not likely to suffer a Company Material Adverse Effect." - Twitter said Musk's latest termination effort is "invalid and wrongful under" the acquisition agreement. [earlier this month alleged](https://www.cnbc.com/2022/08/23/twitter-whistleblower-alleges-execs-misled-board-and-public-on-spam-security.html) "extreme, egregious deficiencies" by the social media company related to privacy, security and content moderation.

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Image courtesy of "Bloomberg"

Elon Musk Attacks Twitter Deal Over Whistle-Blower as Feud ... (Bloomberg)

Lawyers for Elon Musk and Twitter Inc. are sparring over how a whistle-blower's accusations could affect the outcome of Musk's proposed $44 billion takeover ...

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Image courtesy of "NDTV"

Elon Musk Requests To Delay Twitter Court Trial By A Month (NDTV)

Elon Musk on Tuesday asked court permission to delay the Twitter Inc trial by about a month to November, according to a court filing.

He also alleged Twitter breached the deal contract and violated the Texas Securities Act. 10, followed by a conference to discuss what evidence they can introduce at trial. Elon Musk asked the judge to let both sides continue briefing their cases through Nov.

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Image courtesy of "Hindustan Times"

Elon Musk cites whistleblower as more reason to exit Twitter deal (Hindustan Times)

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 ...

Musk's decision to back out of the transaction sets the stage for a 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 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.

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Image courtesy of "Economic Times"

Elon Musk adds whistleblower as new reason to cancel $44 billion ... (Economic Times)

Lawyers for both Elon Musk and Twitter have subpoenaed Zatko, who also said the social-media platforms officials didnt know or care to find out how many ...

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. whistle-blower](/topic/twitter-inc-whistle-blower)as a new reason to terminate the $44 billion takeover of the social media platform. A Twitter spokesperson could not be reached for comment. Musk is seeking testimony from Zatko to bolster his legal argument he can walk away from the Twitter, who sued Musk in July to force him to complete his proposed acquisition. [Govt to Fast-track Divestment of BEML and SCI](/epaper/delhicapital/2022/aug/30/et-front/govt-to-fast-track-divestment-of-beml-and-sci/articleshow/93864478.cms) Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct.

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Image courtesy of "The Guardian"

Elon Musk adds whistleblower claims to list of reasons for ending ... (The Guardian)

Tesla chief is trying to withdraw from his agreement to a $44bn takeover of the social media platform.

Twitter intends to enforce the agreement and close the transaction on the price and terms agreed upon with Mr Musk.” It adds that Twitter said it would not experience a material adverse effect prior to the deal closing – but Zatko’s allegations represent just such a situation. It also states that Twitter had committed fraud by not disclosing the privacy, data protection, safetyand cybersecurity risks raised by Zatko, which gives Musk the right to “recission” – or ripping up the deal contract. And the court, my guess is, will seek to accommodate that request,” he said. The letter said Zatko’s allegations constituted a “company material adverse effect” that substantially altered the business’s value and therefore rendered the deal invalid. However, the original statement of termination

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Image courtesy of "Business Standard"

Elon Musk requests to delay Twitter trial to November: Court filing (Business Standard)

Musk and Twitter have sued each other in Delaware state court and a five-day trial is scheduled to start Oct. 17.

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Image courtesy of "Zee Business हिंदी"

Elon Musk आखिर Twitter डील से क्यों निकले बाहर, गिनाई ये वजहें, फिर ... (Zee Business हिंदी)

Elon Musk news: ट्विटर को लिखे लेटर में मस्क के सलाहकारों ने पूर्व कार्यकारी पीटर जटको की ...

माइक्रोब्लॉगिंग साइट को 44 अरब डॉलर (साढ़े 3 लाख करोड़ रुपये से ज्यादा) में खरीदने की एलन मस्क ने डील की थी.डील को खत्म करने पर ट्विटर ने एलन मस्क के खिलाफ़ कोर्ट जाने का फैसला किया था. Elon Musk news: टेस्ला (Tesla) चीफ एग्जिक्यूटिव ऑफिसर (सीईओ) एलन मस्क (Elon Musk) ने ट्विटर के पूर्व सुरक्षा प्रमुख की तरफ दायर एक ‘व्हिसल ब्लोअर’ शिकायत में जानकारी के आधार पर सोशल मीडिया प्लेटफॉर्म Twitter को खरीदने के अपने समझौते को खत्म करने के लिए फिर कागजी दस्तावेज जमा किए हैं. खबर के मुताबिक, ट्विटर को लिखे लेटर में मस्क के सलाहकारों ने पूर्व कार्यकारी पीटर जटको की ‘व्हिसल ब्लोअर’ रिपोर्ट का हवाला दिया है.

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Image courtesy of "मनी कंट्रोल"

Elon Musk ने Twitter से 44 अरब डॉलर की डील रद्द करने के लिए भेजा नया ... (मनी कंट्रोल)

इससे पहले एलॉन मस्क की लीगल टीम ने 8 जुलाई को ट्विटर के साथ डील रद्द करने के लिए अमेरिकी ...

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Image courtesy of "दैनिक जागरण"

Twitter Deal: एलोन मस्क ने ट्विटर सौदा रद करने का बताया नया कारण ... (दैनिक जागरण)

Twitter Deal: एलोन मस्क ने ट्विटर सौदा रद करने का बताया नया कारण, साइबर सिक्योरिटी की शिकायत को ...

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Image courtesy of "News18 इंडिया"

Musk v/s Twitter : डील रद्द करने के लिए मस्‍क ने भेजा दूसरा नोटिस, ट्विटर ... (News18 इंडिया)

एलन मस्‍क (Elon Musk) ने 8 जुलाई को ट्विटर (twitter) के साथ डील रद्द करने के लिए अमेरिकी ...

[मनीकंट्रोल ](https://hindi.moneycontrol.com/news/world/elon-musk-files-another-notice-to-terminate-twitter-deal-743791.html) की एक रिपोर्ट के अनुसार, एलन मस्क ने 8 जुलाई को ट्विटर के साथ डील रद्द करने के लिए अमेरिकी सिक्योरिटीज एंड एक्सचेंज कमीशन (SEC) को नोटिस भेजा था. इन खामियों के बारे में ट्विटर के डायरेक्टर्स और सीनियर एक्जिक्यूटिव्स को जानकारी थी. मंगलवार को मस्क की लीगल टीम ने डील रद्द करने के लिए दूसरा नोटिस दिया है. 44 अरब डॉलर की ट्वीटर डील (Twitter Deal) को रद्द करने के लिए टेस्ला प्रमुख एलन मस्क (Elon Musk) की कानूनी टीम ने अमेरिकी सिक्योरिटीज एंड एक्सचेंज कमीशन (SEC) को दूसरा नोटिस भेजा है. एलन मस्क द्वारा दूसरा नोटिस भेजने का असर ट्विटर के शेयरों पर हुआ और प्री-मार्केट ट्रेड में ट्विटर के शेयर 1 फीसदी से ज्यादा टूट गए. हालांकि, यह नया नोटिस कानूनी रूप से डील रद्द करने के लिए जरूरी नहीं है.

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Image courtesy of "DNA India"

Tesla CEO Elon Musk files another notice to terminate $44 billion ... (DNA India)

Musk has tried to pull out of the $44 billion agreement by saying Twitter misled him on the number of false accounts, or bots.

Due to Musk's withdrawal from the deal, a pivotal legal dispute will take place in October. The firm deceived Elon Musk and authorities about the actual number of spam or bot accounts on the microblogging platform when it made a $44 billion offer for Twitter in July. Zatko comes in the run-up to a five-day trial at the Delaware Court of Chancery set to begin on October 17.

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Image courtesy of "Telegraph India"

Elon Musk wants Mudge on his side (Telegraph India)

The whistle-blower could provide additional reasons for Musk to walk away from his $44 billion acquisition agreement with Twitter.

McCormick, to allow him to do so. It would be up to the judge overseeing the trial, Kathaleen St. Twitter executives have strongly rejected Zatko’s claims.

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Image courtesy of "Hindustan Times"

Elon Musk wants to delay Twitter trial till November | Here's why (Hindustan Times)

Musk sent his first termination letter to Twitter in July, accusing it of misleading him over the number of fake accounts. Now, he says the problems go ...

Musk filed a countersuit, accusing Twitter of fraud. Musk sent his first termination letter to Twitter in July, accusing it of misleading him over the number of fake accounts. Musk on Tuesday asked the judge to let both sides continue briefing their cases through Nov. The court filings came after Musk's lawyer earlier in the day sent a fresh letter to Twitter to include a whistleblower complaint as another reason to scrap the deal. In July, the Tesla Inc CEO sent his first termination letter to Twitter, accusing it of misleading him over the number of fake accounts on its platform. Now, he says the problems go beyond the bogus accounts, and include data security and other concerns raised by the whistleblower, creating a new battle front with Twitter.

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Elon Musk seeks to amend Twitter complaint, cites whistleblower as ... (Financial Express)

Elon Musk is asking a Delaware judge to let him amend his counterclaims against Twitter Inc., after saying earlier that new whistle-blower revelations add ...

Twitter argued in court filings it hasn’t breached any of its obligations to Musk and maintains Zatko’s complaint is “riddled with inconsistencies and inaccuracies and lacks important context.” The company has maintained spam and bots make up fewer than 5% of the social-media network’s accounts. They said the billionaire’s team has tried “to divert attention from their own dilatory conduct by contending documents Twitter has already produced” about the number of bots are fraudulent. McCormick is likely to allow Musk to amend his counterclaims, because it’s rare for such requests to be denied and the allegations by Zatko raise “really important” issues, said Robert Miller, a law professor at the University of Iowa. In a separate securities filing, lawyers for Musk said the allegations by Zatko meant that Twitter had breached the terms of the merger agreement. In response, Twitter’s attorneys on Tuesday accused the Musk team in an unsealed letter of trying to “derail the trial schedule” with its requests. Shortly after, Twitter’s lawyers responded, saying Musk’s case for termination of the deal is “invalid and wrongful.” Zatko is scheduled to testify before Congress on Sept.

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Image courtesy of "Asianet News Tamil"

elon musk: twitter: tesla: டெஸ்லா நிறுவனர் எலான் மஸ்க் ... (Asianet News Tamil)

Tesla CEO Elon Musk files another notice to terminate $44 billion Twitter deal:டெஸ்லா நிறுவனத்தின் அதிபர் எலான் மஸ்க் ...

இந்நிலையில் எலான் மஸ்க் செவ்வாய்கிழமை ட்விட்டர் நிறுவனத்துக்கு 2வது நோட்டீஸ் அனுப்பியுள்ளார். இந்நிலையில் எலான் மஸ்க் ட்விட்டர் நிறுவனத்துக்கு 2வது நோட்டீஸ் அனுப்பியுள்ளார். ட்விட்டர் நிறுவனத்தின் பாதுகாப்பு தலைமை அதிகாரி பீட்டர் ஜாட்கோவுக்கு எலான் மஸ்க் அனுப்பிய நோட்டீஸில், “ ட்விட்டர் நிறுவனம் எவ்வாறு போலிக் கணக்குகளை தடுக்கப்போகிறது. இது தொடர்பாக பலமுறை ட்விட்டர் நிறுவனத்துக்கு எலான் மஸ்க் எச்சரிக்கை விடுத்திருந்தார். அதில் “ ட்விட்டர் நிறுவனம் இதுவரை போலிக்கணக்குகளை எவ்வாறு தடுக்கப்போகிறது என்பது குறித்து தெரிவிக்கவில்லை, எவ்வாறுநீக்கப்போகிறது என்றும் தெரிவிக்கவில்லை. டெஸ்லா நிறுவனத்தின் அதிபர் எலான் மஸ்க் ஏற்கெனவே ட்விட்டர் நிறுவனத்தை வாங்கும் ஒப்பந்தத்தை ரத்து செய்துவிட்ட நிலையில் 2வதாக ஒரு நோட்டீஸ் அனுப்பியுள்ளார்.

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Image courtesy of "The Washington Post"

The problem behind all of Twitter's other problems (The Washington Post)

Twitter's ill-fated foray into adult content is the latest in a line of scandals that share a common source: a business model that doesn't fit its products.

That is, it’s what happens when you build a vast, global platform where anyone can post anything anonymously — and then try to police it with the perpetually limited resources of a company that’s forever falling short of its financial goals. Less shocking is the revelation that Twitter deemed its child sexual abuse material — or CSAM — problem to be insurmountable, at least in the short term. While the ideas were inspired, the execution was often lacking and the one thing that turned out to entrench Twitter as an essential part of the public square — Donald Trump’s Twitter-fueled presidency — only exacerbated its core problems. At the same time, the idealistic Twitter employees tasked with fixing its flaws have been fleeing. Last week, Dorsey went so far as to say that his “biggest regret” is that Twitter became a company in the first place. That’s a more responsible approach than the “move fast and break things” ethos of early Facebook and many other hard-charging tech firms. As a result, Twitter abandoned the project this year. [Twitter’s former security chief had turned federal whistleblower](https://www.washingtonpost.com/technology/interactive/2022/twitter-whistleblower-sec-spam/?itid=lk_inline_manual_23), leading to congressional inquiries into its allegedly flawed security practices, among other issues. Its business simply isn’t healthy or lucrative enough to sustain a public social media platform of its global size and significance, at least without cutting a lot of corners. Like Facebook and YouTube, Twitter turned to advertising to make money, promising to connect businesses with users based on their interests. [CEO, Jack Dorsey, abruptly stepped down](https://www.washingtonpost.com/technology/2021/11/29/dorsey-steps-down-twitter/?itid=lk_inline_manual_9) in November 2021 amid pressure from activist shareholders to dramatically grow the business. And they aren’t likely to abate until it resolves that tension one way or another.

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Image courtesy of "NDTV Profit"

Elon Musk's Fresh Letter To Scrap Twitter Deal After Whistleblower ... (NDTV Profit)

Elon Musk has sent an additional letter of deal termination to Twitter Inc after the world's richest person subpoenaed a whistleblower seeking documents on ...

Musk filed a countersuit, accusing Twitter of fraud. Musk on Tuesday asked the judge to let both sides continue briefing their cases through Nov. The court filings came after Musk's lawyer earlier in the day sent a fresh letter to Twitter to include a whistleblower complaint as another reason to scrap the deal.

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