• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Thursday, July 17, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Twitter hits back at Musk, says no deal obligations breached

by Riya Ghosh
July 12, 2022
in Business
Reading Time: 2 mins read
0
Elon Musk withdraws Twitter takeover bid.

Source: Times of India

TwitterWhatsappLinkedin
Elon Musk withdraws Twitter takeover bid.
Source: Times of India

On July 11, the social networking platform Twitter Inc backlashed the chief executive and founder of Tesla, Elon Musk, alleging he intentionally contravened a deal by the tech giant. This move came a few days after Elon Musk withdrew his offer worth $44 billion to take over Twitter.

You might also like

Zuckerberg Says Autonomy and Compute Power, Not Pay, Attracts Top AI Talent to Meta

Apple Reportedly Taps Samsung Display for First Foldable iPhone Screens

iPhone 17 Air May Feature Titanium Frame, Unlike the iPhone 17 Pro

The richest man in the world was sent a notice which belonged to July 10 and got registered with the governors on July 11. In the letter, the tech giant claimed that it did not violate its responsibilities under the takeover deal, which was pointed out by Tesla’s CEO for withdrawing the contract.

The notice read that the tech giant appeals to Elon Musk and the other people related to the deal to abide by their responsibilities under the deal, which comprises their responsibility to exploit their relevant justifiable tightest attempts to polish off and make compelling the business dealing considered by the contract.

The social networking platform has worked out to accuse Elon Musk of pressurize him to carry out business dealing. But this warning of the firm was mocked by the billionaire as he posted a trail of tweets bantering about Twitter and its warning to force the deal to the tribunal. The tech giant is working out to register an accusation at the beginning of the ongoing week in Delaware, as confirmed by the individuals related to the affair.

The tech giant mentioned in the notice that the takeover deal is as it is and the company would be taking measures to seal the contract. Benchmark reviewer Mark Zgutowicz asserted that the panel members of the tech giant should think about seriously the probable damage to its staff and stakeholder foundation of any extra in-house information revealed in the lawsuit.

A commercial lawyer Francis Pileggi along with Lewis Brisbose in Delaware asserted that the billionaire could put the social networking platform’s automation in a prominent and important position in the coming lawsuit if he advocates against the social media giant’s litigation by saying that the firm covered by the actual number of automated accounts.

The corporate lawyer further said that he might be astonished if Musk is restricted from accessing that data and if the actual count of the bot accounts is greater than the number speculated by the social media giant, it might end up in agreement for a decreased price to take over Twitter.

Juridical specialists claim that the social media platform has a powerful legitimate affair against the billionaire, however, the firm might consider talking terms once again or an agreement rather than a long judicial dispute.

Tags: Musktwitter
Tweet54SendShare15
Previous Post

How to change birthday on tiktok

Next Post

Samsung Ringtones: How to Get Free Samsung Ringtone Download

Riya Ghosh

Recommended For You

Zuckerberg Says Autonomy and Compute Power, Not Pay, Attracts Top AI Talent to Meta

by Anochie Esther
July 17, 2025
0
Zuckerberg

Meta CEO Mark Zuckerberg has pushed back against swirling reports of extravagant compensation packages being the primary reason for top AI researchers joining the tech giant. In an...

Read more

Apple Reportedly Taps Samsung Display for First Foldable iPhone Screens

by Anochie Esther
July 17, 2025
0
Foldable iPhone

In a bold but calculated move, Apple is turning to Samsung Display Co. (SDC) the world’s leader in flexible screen technology to supply crease-free foldable displays for its...

Read more

iPhone 17 Air May Feature Titanium Frame, Unlike the iPhone 17 Pro

by Anochie Esther
July 17, 2025
0
iPhone 17 Air

Apple is once again poised to shake up the materials used in its flagship devices, with new reports suggesting that the upcoming iPhone 17 Air will sport a...

Read more
Next Post
Snaptube

Samsung Ringtones: How to Get Free Samsung Ringtone Download

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?