Elon Musk Cancels $44bn Deal To Buy Twitter Setting Stage For Protracted Legal Battle

Elon Musk
Photo courtesy: Swarajyamag

Elon Musk, the chief executive officer of Tesla, has notified Twitter that he is terminating the proposed $44 billion deal to buy Twitter because the microblogging platform had failed to provide adequate information about fake and spam accounts.

 

Musk’s announcement sets the stage for what is likely to be a protracted legal battle between the charismatic billionaire entrepreneur and social media company.

 

Read more at: https://swarajyamag.com/news-brief/elon-musk-cancels-44bn-deal-to-buy-twitter-setting-stage-for-protracted-legal-battle

 

 

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  • 11 Jul 2022
  • WerIndia

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