4 ms·
Elon Musk cites Twitter whistleblower as new grounds to cancel $44bn deal
- Iolaum 4y agoThe whole twitter acquisition thing looks like a good candidate for a tv/netflix series.
- mrkramer 4y agoElon is not mentally stable so it wouldn't be nice to make fun of such people.
- zekrioca 4y agohttps://archive.ph/gSXI4 https://archive.ph/gSXI4
- andrewdb 4y agoMusk has the burden of proof to show fraud or MAE (material adverse effect). For fraud, he needs to prove scienter as well as reliance. High bar, and undermined by his own tweets and podcast appearances. For MAE, it requires Musk to show Twitter caused deep, lasting, permanent damage to the business. It's an even higher bar than the fraud route. Not looking like Musk is going to succeed, even with this latest termination.