Twitter, Elon Musk
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X, formerly Twitter, found a bot farm of 200,000 accounts. These accounts posted content to influence American AI and energy policy debates. The posts claimed AI data centers raise electricity prices and strain the grid.
Elon Musk testified he had to pay full price to buy Twitter in 2022 because the Delaware judge in the company’s lawsuit to make him consummate the $44 billion deal was “biased” against him, Bloomberg News reported. Musk has openly complained before ...
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter’s stock price in the tumultuous months leading up to his 2022 acquisition of the social media company for $44 billion. But it absolved him of some fraud ...
A group of former Twitter investors have prevailed at a federal civil trial over Elon Musk's actions amid his $44 billion acquisition of the social platform in 2022. A jury in San Francisco found Friday that tweets made by Musk about fake accounts on the ...
The lawsuit, filed on behalf of Twitter shareholders, claims Elon Musk violated federal securities laws by making false, public statements that "were carefully calculated to drive down the price of Twitter stock" ahead of his purchase of the company.
He wasn’t the only one caught up in the brouhaha, either. Of the $44 billion transaction, an estimated $10 billion came in the form of equity put up by outside investors, including both preexisting shareholders rolling over their stakes and new ones ...
X's liberal users, who stay mainly out of habit and addiction, are the only force keeping it from becoming just another Gab or Truth Social.