Twitter shareholders vote to approve Elon Musk's bid to buy the company
Source: CNBC
Twitter shareholders voted Tuesday to approve Elon Musks $44 billion bid to buy the company and take it private.
The vote comes as Musk seeks to scrap the deal, casting doubt onto Twitters self-reported percentage of fake accounts and alleging the company was not as forthcoming as it should have been with its explanation of the calculation. Twitter has stood by its figure of less than 5% of monetizable daily active users being spam or fake and has said its provided Musk plenty of information meeting the requirements of the deal.
Twitter sued Musk for allegedly breaching their agreement and the case is currently making its way through the Delaware Court of Chancery, with a trial expected to begin in mid-October.
The judge in the case recently allowed Musks camp to revise his counterclaim against Twitter to include allegations made by a former Twitter security chief who recently filed a whistleblower complaint claiming egregious securities failings by the company. The whistleblower, Peiter Mudge Zatko, testified before a Senate panel earlier on Tuesday.
Read more: https://www.cnbc.com/2022/09/13/twitter-shareholders-vote-to-approve-elon-musks-bid-to-buy-the-company.html
LetMyPeopleVote
(145,558 posts)emulatorloo
(44,183 posts)BumRushDaShow
(129,467 posts)emulatorloo
(44,183 posts)BumRushDaShow
(129,467 posts)My mother was a big Godzilla fan (although she never saw that one before she passed).
Aviation Pro
(12,187 posts)....you fucking, worthless asshole.
ZonkerHarris
(24,254 posts)brush
(53,871 posts)NullTuples
(6,017 posts)...and support
...and community
...and communication
But sometimes I wonder if that's why Impulsive Rocket Boy wanted it in the first place.