Skip to main content

Court Orders Twitter To Give Elon Musk Documents From Company’s Former Executive

Court Orders Twitter To Give Elon Musk Documents From Company’s Former Executive


In the Elon Musk vs Twitter legal battle, the court has ordered Twitter to give Musk documents from a former Twitter executive, who Musk said was an important figure in calculating the number of fake accounts on the micro-blogging site.

According to the order from Chancellor Kathaleen McCormick of the Delaware Court of Chancery, Twitter was ordered to collect, review and produce documents from former General Manager of Consumer Product Kayvon Beykpour to Musk. 

Beykpour left Twitter after the social media giant agreed in April to be acquired by Elon Musk. However, Musk’s lawyers said that Beykpour was an important member involved with" determining the number of spam accounts on Twitter. 

Bot and spam accounts on Twitter have become a central issue in the legal fight between Twitter and Musk. This month, Musk’s lawyer told the Delaware Chancery Court that Musk wanted correct details about fake accounts on Twitter. Musk accused Twitter of fraud for misrepresenting the number of real active users on its social media platform. However, Twitter denied such claims. Furthermore, Twitter accused Musk of breaching his agreement to acquire Twitter at the deal at $54.20 a share. Earlier, Musk agreed to take over Twitter for a $44 billion deal, which means Musk agreed to acquire the company for $54.20 a share. However, later on, the stocks of Twitter tumbled and the value had fallen below the $54.20 per share he offered. Twitter's stock closed up 0.5 percent at $44.50 per share on Monday.

Twitter recently requested McCormick to order Musk to complete the deal. The trial will decide whether Musk can be forced to complete his $44 billion deal to buy the social media giant. Earlier, Twitter and Musk accepted an October trial over the $44 billion deal.

The dispute between Tesla CEO and Twitter has already taken many twists and turns.


Labels:

Comments

Post a Comment

Popular posts from this blog

Bangladesh Military Expresses Discontent Over Chinese Weapons; Reports 'Sub-Standard' and Faulty Parts

  Bangladesh, a traditional buyer of Chinese military equipment, has raised grievances with Beijing regarding the delivery of defective components and technical malfunctions in its imported military hardware. This issue is not unique to Bangladesh, as other nations like Myanmar have also encountered problems with Chinese fighter jets, according to an ET report. Experts in the Chinese defense industry argue that Beijing lacks the expertise to manufacture highly sophisticated military hardware and is not yet considered a top-tier producer of modern defense equipment. They claim that much of China's weapon systems are based on outdated technology copied from the West. Developing countries often opt for Chinese weapons due to their lower cost compared to similar systems from Western countries. China sells arms through state-run export organizations like the Aviation Industry Corporation of China (AVIC), NORINCO, and CVIC. Sources familiar with the matter told ET that the Bangladesh mil...
Post a Comment
Read more

UAE-India CEPA Committee inks settlement with Indian business body

 The UAE-India Cepa Committee (UICC) marked a reminder of grasping (MoU) with the Indian Office of Business (ICC) on Thursday, beginning an essential organization to reinforce monetary and exchange ties between the UAE and India. In arrangement with their separate commands, the UICC and the ICC will synergise endeavors, assets, and thoughts, and work together on expanding mindfulness inside the two nations of the critical capability of the UAE-India respective monetary association. The MoU lays out an expansive based organization between the members, zeroed in on the public advancement of the UAE-India two-sided monetary association and the UAE-India Cepa specifically. The two associations will team up on expanding mindfulness inside the UAE and India with respect to the huge capability of the reciprocal financial organization, featuring open doors for UAE and Indian organizations to use the UAE-India Cepa, and activating key UAE and Indian confidential area partners to help expand...
Post a Comment
Read more

India raises concern over North Korea missile tests at UNSC, 2nd time in weeks

 As the United Nations Security Council (UNSC) met for the second time in a month over the missile tests in North Korea, India yet again raised concerns over the impact on peace and security in the region. New Delhi has also reiterated its support for the denuclearisation in the Korean peninsula, underlining that it is “in collective interest” while also stressing that “dialogue and diplomacy” are preferred means to resolve the issue. The latest intercontinental ballistic missile (ICBM) test by the DPRK (Democratic People's Republic of Korea) has again sparked tensions between nations with the United States and its allies calling for the country to limit its programs even as Russia and China back Pyongyang amid the likelihood of new sanctions. In the latest UNSC meeting, the United States, Britain, France, and India were among 14 nations to "strongly condemn" the latest North Korea launch on Friday, which was reported to have landed about 125 miles (200 kilometers) from ...
Post a Comment
Read more