Elon Musk mocks efforts to 'force' him to buy Twitter2022-07-11 17:49 by Daniela
Tags: Elon Musk, Twitter
Elon Musk on Monday tweeted a meme mocking Twitter as it prepares to sue Musk for attempting to back out of a deal to buy the social media giant.
On Friday, Musk's attorney notified Twitter's board that he wants to cancel the deal. The billionaire has taken issue with the number of bots and fake accounts on Twitter and says the company isn't being truthful about how much activity on the service is authentic.
Twitter, on the other hand, says it has given Musk the information he needs to assess its claim that spam accounts make up only 5% of monetizable daily active users, including its so-called firehose, an unfiltered, real-time stream of daily tweets.
Meanwhile, the company has retained a prominent New York law firm as it prepares to fight Elon Musk over his decision to abandon a $44 billion takeover of the social media company.
Twitter executives hired Wachtell, Lipton, Rosen & Katz LLP, which specializes in merger and acquisition law, to handle an anticipated lawsuit against Musk, according to a person familiar with the discussions who was granted anonymity to discuss confidential matters.
Read more -here-