Elon Musk countersued Twitter on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion (roughly Rs. 3.5 lakh crore) purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly available, under court rules a redacted version…
Tesla has received a second subpoena from the US Securities and Exchange Commission over its Chief Executive Elon Musk’s tweets in 2018 about taking the company private, the electric automaker disclosed in a regulatory filing on Monday. The company said it received the subpoena on June 13 and will cooperate…
US lobby groups representing Facebook and Twitter are concerned India’s plan to form a government panel to hear appeals against content moderation decisions could lack independence, documents seen by Reuters show. The proposed policy change is the latest flashpoint between India and technology giants which have for years said stricter…
Elon Musk filed a motion on Friday opposing Twitter Inc’s request to fast-track a trial over his plan to terminate his $44 billion deal for the social media firm. Musk‘s lawyers, in papers filed with the Delaware Chancery Court, said Twitter‘s “unjustifiable request” to rush the merger case to trial…
The US Securities and Exchange Commission sent a letter to Elon Musk last month asking for clarification over some of the tweets the billionaire sent about his $44 billion (nearly Rs. 3,51,400 crore) deal for Twitter, regulatory filing showed on Thursday. The US Securities and Exchange Commission (SEC) asked Musk…
Social media platforms including Facebook and TikTok are failing to stop hate and threats against LGBTQ users, a report issued Wednesday from advocacy group GLAAD found. Those are some of the internet’s most vulnerable users, with a majority of LGBTQ people saying they’ve faced menacing posts or comments when they’re…
Twitter fired back at Elon Musk on Monday, accusing the world’s richest person of “knowingly” breaching an agreement to buy the social media firm, days after the Tesla chief sought to back out of the $44 billion (roughly Rs. 3,37,465 crore) deal. In a letter sent to Musk, dated Sunday…
Twitter employees expressed disbelief and exhaustion on Friday after billionaire entrepreneur Elon Musk said he was terminating a deal to buy the social media company in what could be the start of months of legal wrangling. Musk said Twitter breached multiple provisions of a $44 billion (roughly Rs. 3,49,060 crore) merger…
Elon Musk, the chief executive officer of Tesla and the world’s richest person, said on Friday he was terminating his $44 billion (roughly Rs. 3,49,060 crore) deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter’s chairman, Bret Taylor, said on the micro-blogging…
Instagram is reportedly testing a way to turn video posts into Reels. The Meta-owned social media platform is said to have mentioned has reportedly said that the change is currently being tested with a select number of users around the world and it is part of Instagram’s plan to simplify…
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