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Elon Musk Files To Back Out Of Twitter Deal, Leading To A Legal Showdown

Allwork

Just days ago, Elon Musk made a move that likely did not come as a shock to anyone: he filed to back out of his Twitter acquisition deal. . While his attempt to cancel the deal is expected to rev up legal drama between the social media platform and the billionaire, Twitter employees are feeling defeated. .

Legal 246
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Vice Media Bankruptcy Latest in String of Online Media Failures

Allwork

What’s going on: Vice Media – a digital media and broadcasting company that was once considered a promising alternative to traditional media – has filed for bankruptcy, according to The Wall Street Journal. Other new media companies like BuzzFeed and Vox Media have faced similar struggles.

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Twitter Faces Second $500M Lawsuit Over Severance Pay Amidst Allegations of Age Discrimination

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is facing its second lawsuit within a month that claims that the company owes over $500 million in severance pay to former employees, according to Reuters. What’s going on: Twitter Inc. It also sheds light on the importance of honoring contractual obligations to employees, particularly in terms of severance pay.

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Elon Musk Faces Lawsuit Claiming Stock Manipulation

Allwork

Elon Musk is facing a lawsuit from a small group of Twitter shareholders who are claiming he is manipulating the social media firm’s stock. . This comes in violation of the California Corporations Code according to the filing. .

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NetChoice (Funded By Meta) Launches Litigation Hub

Allwork

This center will be the hub for tech-industry legal action and arguments, focusing on topics such as state social media laws and antitrust lawsuits. Recently, they filed a lawsuit against a Texas law which restricts companies from censoring posts according to an individual’s political views.

Legal 246
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Social Media, Experiences and the Fear of Missing Out

Small Business Labs

Way back in 1998 a couple of consultants coined the term " the experience economy " and urged companies to offer interesting and unique experiences in addition to products and services.  The reason is simple - social media allows people to record their experiences and share them with the world. .

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Using your social media skills at work

Practically Perfect PA

Over the last few weeks I’ve been writing about social media and how best assistants can use it for their professional lives. This week I want to look at how we can use our skills in this area to add value for our companies and mangers. Does your company have a blog? Corporate Social Media.