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Twitter Being Sued by the Firm That Advised It on Elon Musk’s Takeover

  • Post published:February 6, 2023

US-based advisory firm Innisfree M&A Incorporated sued Twitter on Friday in New York State Supreme Court, seeking about $1.9 million (roughly Rs. 15.7 crore) for what it says are unpaid…

Continue ReadingTwitter Being Sued by the Firm That Advised It on Elon Musk’s Takeover
Read more about the article Elon Musk Says He Had to Save Twitter From Bankruptcy in Last 3 Months

Elon Musk Says He Had to Save Twitter From Bankruptcy in Last 3 Months

  • Post published:February 6, 2023

Twitter and Tesla CEO Elon Musk on Sunday said that the past three months have been "extremely tough" as he "had to save Twitter from bankruptcy" while also fulfilling his…

Continue ReadingElon Musk Says He Had to Save Twitter From Bankruptcy in Last 3 Months
Read more about the article Elon Musk’s 2018 Tweets May Have Cost Tesla Investors Billions of Dollars

Elon Musk’s 2018 Tweets May Have Cost Tesla Investors Billions of Dollars

  • Post published:February 5, 2023

An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused billions of dollars in investor damages after the deal collapsed, according to estimates presented…

Continue ReadingElon Musk’s 2018 Tweets May Have Cost Tesla Investors Billions of Dollars
Read more about the article Elon Musk Had ‘Handshake Deal’ for Tesla Takeover, Former Aide Claims

Elon Musk Had ‘Handshake Deal’ for Tesla Takeover, Former Aide Claims

  • Post published:February 5, 2023

Elon Musk's former chief of staff on Wednesday testified that the billionaire believed he had a “handshake deal" to take Tesla private in 2018 shortly before he tweeted he had…

Continue ReadingElon Musk Had ‘Handshake Deal’ for Tesla Takeover, Former Aide Claims
Read more about the article Elon Musk Found Not Liable in 2018 Tweets Regarding Tesla’s Share Price

Elon Musk Found Not Liable in 2018 Tweets Regarding Tesla’s Share Price

  • Post published:February 4, 2023

A jury on Friday decided Elon Musk didn't defraud investors with his 2018 tweets about electric automaker Tesla in a proposed deal that quickly unravelled and raised questions about whether…

Continue ReadingElon Musk Found Not Liable in 2018 Tweets Regarding Tesla’s Share Price
Read more about the article Decision on Elon Musk’s Tweet Concerning Tesla’s Share Price to Come Today

Decision on Elon Musk’s Tweet Concerning Tesla’s Share Price to Come Today

  • Post published:February 4, 2023

A lawyer for Tesla shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding to take his electric car company private is expected to make…

Continue ReadingDecision on Elon Musk’s Tweet Concerning Tesla’s Share Price to Come Today
Read more about the article Twitter to Share Ad Revenue With Some of Its Content Creators, Says Elon Musk

Twitter to Share Ad Revenue With Some of Its Content Creators, Says Elon Musk

  • Post published:February 3, 2023

Twitter will start sharing revenue from advertisements with some of its content creators, Chief Executive Elon Musk said on Friday.Effective Friday, revenue from ads that appear on a creator's reply…

Continue ReadingTwitter to Share Ad Revenue With Some of Its Content Creators, Says Elon Musk
Read more about the article Twitter Has Begun Interest Payments on Elon Musk’s Buyout Bank Debt

Twitter Has Begun Interest Payments on Elon Musk’s Buyout Bank Debt

  • Post published:February 2, 2023

Twitter has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk's purchase of the social media company last year, according to two…

Continue ReadingTwitter Has Begun Interest Payments on Elon Musk’s Buyout Bank Debt
Read more about the article Elon Musk Remains Combative, Confident in Tesla Tweet Trial

Elon Musk Remains Combative, Confident in Tesla Tweet Trial

  • Post published:January 31, 2023

Elon Musk's enigmatic personality and unconventional tactics are emerging as key exhibits in a trial revolving around one of his most polarizing pursuits — tweeting.The trial, centred on a pair…

Continue ReadingElon Musk Remains Combative, Confident in Tesla Tweet Trial
Read more about the article How Elon Musk Defiantly Defended Himself in the Tesla Tweet Trial

How Elon Musk Defiantly Defended Himself in the Tesla Tweet Trial

  • Post published:January 26, 2023

Elon Musk returned to federal court to defend himself against a class-action lawsuit that alleges he misled Tesla shareholders with a tweet about an aborted buyout that the billionaire defiantly…

Continue ReadingHow Elon Musk Defiantly Defended Himself in the Tesla Tweet Trial
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