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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. .

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

Allwork

What’s going on: Twitter Inc. The news follows the 2022 acquisition of the social media giant by Elon Musk. The class action suit was filed in Delaware federal court by Chris Woodfield, a former senior engineer at Twitter, who alleges that the company specifically targeted older workers for layoffs.

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Can The World’s Richest Person Actually Afford Twitter?

Allwork

The most recent of these acquisitions has been Elon Musk’s purchase of Twitter for $44 billion, but how he does so is still up for debate. . This headline-grabbing move could bring the social media company private and subsequently change how the platform operates as a whole. . billion. . appeared first on Allwork.Space.

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Elon Musk Says “Twitter Deal Temporarily On Hold”

Allwork

Elon Musk has revealed that he is pausing his Twitter acquisition to further investigate the number of spam accounts on the platform. . Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted. .

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Elon Musk Agrees To Buy Twitter For Original Price

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As of yesterday, Tesla CEO Elon Musk has agreed to move forward with his $44 billion deal to buy social media app Twitter. . After the news was announced, shares of Twitter surged and rose to more than 12.7% Twitter filed a lawsuit against him just four days later. .

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Elon Musk Faces Lawsuit Claiming Stock Manipulation

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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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Managing your social media content

Practically Perfect PA

These days most of us will have some sort of social media account. Most often it is Facebook, followed closely by LinkedIn and Twitter. If you have accounts set up on every social media channel (as I do) it can be a little overwhelming dealing with all of the stuff coming at you.