Skip to main content

Twitter to dispose Musk ahead of October trial: Here are some recent developments in this saga

Tesla and SpaceX CEO Elon Musk is set to depose before the Twitter lawyers earlier this week in the $44 billion takeover deal that he has terminated.

The deposition is slated for September 26-27 and may run into September 28 if needed, according to court filings, reports Benzinga.

The deposition, ahead of the full-blown October 17 legal trial in the Delaware Court of Chancery in the US, will not be a public one.

Earlier, in a minor win for Tesla CEO Elon Musk, a US court allowed his legal team to make a case that a $7.75 million severance payment to Peiter 'Mudge' Zatko, Twitter's former head of security, allows him to terminate the $44 billion takeover deal.

Judge Kathleen McCormick ruled last week that Musk can amend his counterclaims to include the payment to Zatko.

The ruling means that Musk can use the Zatko payment for his argument regarding terminating the deal. Twitter did not oppose the motion, Barron's had reported.

Twitter is also seeking if there is a connection between its former head of security and Musk.

Musk has said that the testimony of Twitter whistleblower justifies his termination of the $44 billion deal to buy the micro-blogging platform.

Twitter shareholders had voted to approve the buyout by Musk amid the legal battle.

(Except for the headline and cover image, the rest of this IANS article is un-edited)

For more technology news, product reviews, sci-tech features and updates, keep reading Digit.in.



from Mobile Phones News https://ift.tt/lVUikC3

Comments

Popular posts from this blog

YouTube Music Season Recap 2022: How to View the Spring Recap

YouTube is a jump ahead of Spotify with its Season Rewind playlist feature. Well, besides playlists, the service offers you a list of your most played artists, songs, albums, etc in the previous season. It will be a recurring thing and is poised to come out every season. Meanwhile, its biggest competitor Spotify’s Wrapped is a bop every time it lands but is limited to annual appearance. There in lies one big difference between the two approaches. Let’s see what else you could expect out of the new YouTube Music feature. YouTube Season Recap: How it works Source: u/DecentSizedTurd (Reddit) Like the YouTube Recap 2021, this one too would share personalized listening stats. YouTube calls this “an exploration of your top artists, songs, albums and playlists over the last season”. To view it, you just need to go to music.youtube.com/recap or the landing page on the YouTube Music app for Android and iOS. Right now, only some users have got the spring Youtube Music playlist. But the...