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Twitter Sues Elon Musk to Force Sale of Big Tech Company

Twitter described Musk’s attempt to end the merger as “invalid and wrongful.”

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Twitter has sued Elon Musk in Delaware’s Chancery Court, in a bid to force him to buy the Big Tech company for the original $44 billion price tag.

Last week, an SEC filing from attorneys representing Musk confirmed that the billionaire was terminating the merger agreement, after Twitter had allegedly made “false and misleading representations” when entering into the agreement.

The filing alleged that Twitter had “failed or refused” to provide information to Musk necessary to “make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform.” The information is “fundamental to Twitter’s business and financial performance,” and therefore needed to complete the merger, the letter said.

The information requested by Musk that Twitter allegedly refused to provide included data around spam accounts on the platform, the number of monetisable daily active users, and other materials related to Twitter’s current financial condition.

Following the filing, Twitter hired Wachtell, Lipton, Rosen & Katz, in order to enforce the merger in court, according to The Verge. Musk had reportedly retained another firm, Quinn, Emanuel, Urquhart, and Sullivan, to defend him.

Twitter filed the lawsuit on Tuesday in Delaware, against Musk and X Holdings I and II, limited companies set up by Musk to fund the acquisition. Musk had also set up a third X Holdings company in Delaware – it is unclear why this company was not involved in the suit.

In an SEC filing, attorneys for Twitter alleged that the termination of the merger from Musk was “invalid and wrongful,” and “constitutes a repudcation of… obligations” under the agreement. The letter claimed that Twitter had not breached any obligations on their end, and they would continue to provide “information reasonably requested” by Musk.

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Musk had suggested in posts online that getting the Big Tech company to sue him was part of his strategy. Musk uploaded a picture of Chuck Norris playing chess, later adding “Chuckmate,” along with a second tweet suggesting that getting them disclose their information on spam bots in court was his real plan all along.

Both tweets from Musk were actually included in the lawsuit. “For Musk, it would seem, Twitter, the interests of its stockholders, the transaction Musk agreed to, and the court process to enforce it all constitute an elaborate joke,” the lawsuit reads, attempting to prove that he had acted in bad faith.

Further tweets included one where the billionaire replied to CEO Parag Agrawal, who had claimed that they suspend half a million spam accounts every day, with a poop emoji, and a tweet where he tagged the SEC and called them to investigate the Big Tech company’s financial disclosures.

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Jack Hadfield
Written By

Jack Hadfield is the Associate Editor at Valiant News. An investigative reporter from the UK, and the director and presenter of "Destination Dover: Migrants in the Channel, his work has appeared in such sites as Breitbart and The Political Insider. You can follow him on Gab @JH, on Telegram @JackHadders, or see his other social media by visiting jackhadfield.co.uk.

2 Comments

2 Comments

  1. Avatar

    JOHN MAYOR

    July 13, 2022 at 5:02 pm

    I, at least… and as a connoisseur of the TRUE “Social” Media… amn’t impressed– and e.g.– with the FAUXIAL MEDIA TOOL known as “TWITTER”!… whose creators would have us believe that it’s a “SOCIALLY ORGANIC” creation by our “organic society (i.e., our ‘unbranded society’!… and our ‘ORGANIC SOCIETY’ being synonymous with our ‘archéxistential society’ reflective of our NGO+NPO and webizen communities, corespectively… and that/ which I̲S̲N̲’T̲ ACTING IN THE G̲U̲I̲S̲E̲ of being ‘organic’!)”!
    .
    “TWITTER” is a “KERDOS MEDIA TOOL”! That is to say, it’s a “GAINFUL”/ “FOR-PROFIT MEDIA TOOL” P̲R̲E̲T̲E̲N̲D̲I̲N̲G̲ to be a SOCIALLY FASHIONED Media tool!… and one, that– the KERDOS would have us believe!– we’re all supposed to be paying attention to!
    .
    TWITTER isn’t given it’s̲ tag for nothing! But, I can’t quite figure out– so far– why such Twitter transactions are named “TWEETS”! I guess the proper ascription for those who implement said transactions may be viewed– by some– as somewhat pejorative, and less than kind!… and so and thus, is left unexpressed! Nevertheless, God give Twitter’s hapless unthinking souls the wisdom to leave the “TWITTER RAT PACK”!
    .
    I’ve NO INTENTION of using this FAUXIAL MEDIA TOOL, N̲O̲R̲ ̲C̲A̲T̲E̲R̲I̲N̲G̲ ̲T̲O̲ ̲I̲T̲’S̲ ̲I̲N̲O̲R̲G̲A̲N̲I̲C̲ ̲S̲U̲B̲S̲C̲R̲I̲B̲E̲R̲S̲!… and, whether these subscribers be aware of it’s̲ DYSfunctionality or not! That is to say, until: a) it’s in the CONTROL of our “O̲R̲G̲A̲N̲I̲C̲ ̲C̲O̲M̲M̲U̲N̲I̲T̲I̲E̲S̲”; b) it adheres to ALL Human ICT Rights; c) it’s COST-FREE (given the stated “ESSENTIAL NATURE” of it’s̲ technoma!… and so, should be available to a needy person on a rooftop during a flood, and not just to one who subscribes to it’s̲ “clique services”– and at a hefty cost!); d) until it’s programmed with Free and Open Source Software/ FOSSware (i.e., “Free” as in “Freedom”… see, Richard Stallman of the FSF); e) it is on a hardware device utilizing Free and Open Source Hardware/ FOSHware (ditto, re d]!); and, f), it’s given a more “user-friendly” tag!
    .
    Simply put, those attempting to legitimize the use of Twitter are the same as those who’d sell refrigerators to Eskimos, or pet rocks to uptown preteens, monetize the collection of rainwater in places like South America and open up Oxygen Bars in hapless upscale urban communities!
    .
    “SEMIOTIC GASLIGHTING”/ “SEMIOTIC HYPERBOLISM”/ “SEMIOPATHOSIS (see, Semiotics)” is the e̲ffectation of “meaning control” through “semiotic bullies (and, e.g., through our ‘CORPORATE BRANDING COMMUNITY’/ ad community/ marketing community, and etc)” that/ which seeks to control the “meaning agenda” for things and/ or for processes… proffering, that their “meaning”/ symbolism is a “sign” of perfection, and that those which are without the “beastly mark” are “out of the loop” and not a part of the “in crowd”/ the “whatever brand crowd”! Such would have us believe that “BRANDING” is synonymo̲s̲ with “CULTURE”!… that wearing an advertisement (for which, one isn’t paid!… indeed, FOR WHICH, THE WEARER PAYS– AND DEARLY!) is what “WE” want!
    .
    And so and thus, BRANDING the otherwise generic means to our Free Speech and Freedom of the Press, is a systemic and systematic breach of Human ICT Rights (and hence, of Human Rights!), and shouldn’t be allowed! CURSE BRANDING, AND KERDOSEMIOPATHOSIS (THE STATE, CONDITION AND PROCESS OF GAINFUL/ FOR-PROFIT MEANING/ SIGNING PATHY!)!
    .
    I’m also not impressed with “Facebook”… whose creators would also have us believe that it’s a “SOCIALLY ORGANIC” creation by our “ORGANIC SOCIETY”! “Facebook”, is– as well!– a “KERDOS MEDIA TOOL (i.e., a ‘FOR-PROFIT MEDIA TOOL’, P̲R̲E̲T̲E̲N̲D̲I̲N̲G̲ to be a ‘SOCIALLY CREATED MEDIA TOOL’)”!
    .
    I’ve lost track of the number of websites I have gone into wherein the Facebook plugin was being used, and there was either one lone Comment Posted, or there was none whatsoever! It got to the point, that if I saw the Facebook plugin’s face icon (the image of a wannabe Comment Logger with unkempt hair!… and whether facing forward or backward, I can’t be certain!), I would leave the website! And of recent, I have been making a special effort to make known my rationale for my disinterest in this Plugin to as many “Contact windows” as I can… and, why sites should reconsider their respective approach to Blog Comment Hosting/ Comment Log Hosting/ Clog Hosting!
    .
    I don’t like, or use Facebook!… and, none of the people I hang with use Facebook! And, for me, that’s either an indication that I am hanging with very highly criti̲c̲ Facebook crowds, or, that Facebook is not all that it’s̲ hype suggests!
    .
    Apart from it’s̲ P̲O̲O̲R̲ RECORD on “Human ICT Rights”, it’s another case in point of a Website Comment Hosting Service that/ which obliges hurdles in order to participate in said “Public Discussions”, re “Publicly Posted” stories! And, I ask myself:… “REALLY?… for what reason?”
    .
    In light of the ABUNDANT NEWS STORIES concerning Facebook’s P̲O̲O̲R̲ Human ICT Rights RECORD, why would I– WHY SHOULD ONE!– share with an “element” of “Comment Loggers/ Cloggers”, who have: a) forsaken their CONSCIENABLE FREEDOM OF ASSOCIATION; b) forsaken Facebook’s accountability re Human ICT Rights (and, compromising, potentially, anonymity as a consequence); and c), individually and collectively entertained a spirit of utter indifference to the very means these have chosen to communicate their respective messages? In other words… and to paraphrase the late Aldous Huxley!… “THE ‘MEANS’ THESE HAVE CHOSEN HAVE DETERMINED THE VERY NATURE OF THE ‘ENDS’ THESE HAVE PURSUED AND PRODUCED (I.E., THEIR RESPECTIVE MESSAGES!)!” And to paraphrase the late Marshall McLuhan (though, giving deference to the idioms of Aldous Huxley… see Huxley’s work, Ends and Means!):… “THE MEDIUM (THE MEANS!) HAS BECOME THE MESSAGE (THE ENDS!)!”
    .
    Thanks!… but!… NO THANKS! Whether it is CLOGGER STUPIDITY, or CALLOUS CLOGGERS, either way, their “MEANS” of communication is a direct and indirect “T-A-I-N-T-E-D C-O-M-M-E-N-T” on the “ENDS” of their respective communications! And so and thus, MY participation in the Plugin, would TAINT M-Y ENDS/ message!… and, regardless of the story, or stories to be discussed! In other words, using Facebook (and in particular, it’s̲ plugin!)… and regardless of any hosted blogs!… IS A NON-STARTER!… A̲N̲D̲, ̲F̲O̲R̲ ̲A̲N̲Y̲O̲N̲E̲ ̲W̲I̲T̲H̲ ̲A̲ ̲C̲O̲N̲S̲C̲I̲E̲N̲C̲E̲!
    .
    And despite the rare occasions wherein Facebook hosted sites may entertain dozens (or more) of Cloggers’ Clogs, MY website association/ participation– at least!– is not based upon supporting some “ARTIFICIALLY CREATED MASS HYSTERIA”!… and joining some “VIRTUAL CYBER CLUB LINEUPS” at the latest, “VIRTUAL CYBER CLUB OF THE WEEK”!
    .
    Signing in, on, or up, logging in, on, or up, becoming a member, registering, getting an account, securing a password, providing an email address, paying (and indeed, paying!), and otherwise obtaining a “cyber mark of the beast (and, in order to PUBLICLY COMMENT on stories in said ‘PUBLIC SITES’!)”, is not only SOO PASSE, such site practices breach the spirit of the words in the UN Report of the Special Rapporteur on the Promotion and Protection of the Right to Freedom of Opinion and Expression, by David Kaye… AND, BREACH THE COMMON SENSE THAT C̲O̲N̲S̲C̲I̲E̲N̲A̲B̲L̲E̲ ̲S̲O̲U̲L̲S̲ BRING TO PUBLIC DISCUSSIONS! Further… and leaving aside, for the moment, the current reporting on Facebook’s complicity in the release of millions of netizens’ personal records to TRUMPIANS, which have used same– it’s said– to compromise the 2016 U.S. Federal Election(s) Process (and, who may do so again in the not too distant future!)!… numerous sites have made comment on the displaying by Facebook, of those involved in the commission of murder and in acts of suicide! Therefore, such allowances by Facebook should give “reflective website owners” “reflective pause”, re their continued use of this Blog Comment Hosting “Service”, and Plugin! And simply scripted, ZUCKERBERG SHOULD NOT RECEIVE ANOTHER DIME FROM ANOTHER CLICK!
    .
    “C̲L̲I̲C̲K̲ ̲M̲O̲N̲E̲T̲I̲Z̲A̲T̲I̲O̲N̲” is a breach of my Human Digital Rights, as a monetary reward granted a site regardless of my true intent regarding the click, can– potentially– reward a bad site for it’s̲ bad content (AND WEBSITE PRACTICES!) by mere virtue of my “clicking”… and THAT violates my Freedom of Conscience, Freedom of Association, Free Speech, Freedom of the Press… AND, ET CETERA!
    .
    Now… one could say that the rewards afforded a website through “CLICK INTERESTS” for the traffic generated has NOTHING to do with ME (save, my clicks!)!… however, should the information promoted on a website be detrimental to the PUBLIC GOOD (and including the ads that webizens may haplessly inadvertently click onto) then we do disservice to the common good by not affording individuals their RIGHT to block a “click reward”, and in the same manner as webizens now have to block ads in general! In other words, webizens are haplessly inadvertently allowing the underwriting of bad content (and site practices) throughout the Web, because there’s no mechanism in place to keep “CLICK INTERESTS” from perverting the common good, and circumventing/ denying Human Digital Rights through their MANIPULATION OF “CLICK INTENTIONS”! And this “CLICK RIGHT MANIPULATION EFFECT (or CRIME, for short)”, is no less as egregious than the SEME reported by Dr. Robert Epstein (and, et al), or the “Search Engine Optimization Manipulation Effect”/ SEOME… i.e., a variant of SEME operating in collusion with participating websites utilizing “Search Engine Optimization”/ SEO (or simply, paying “Net insiders” to ALGORITHMI̲C̲L̲Y̲ AND COLLUSIVELY ARRANGE placing one’s site at the top of some search engine search result “cyber-bird pecking order”!)!
    .
    MY CLICKS ARE A PART OF MY FREE EXPRESSION!… AND NO “MONETARY INTERESTS” HAVE THE RIGHT TO SUBVERT MY CLICKS INTO SUPPORT FOR BAD BEHAVIOUR THAT ISN’T SUPPORTIVE OF THE COMMON GOOD! AND SO AND THUS, FOR “MONETARY INTERESTS” TO SAY THAT MY CLICKS HAVE NOTHING TO DO WITH ME, AND WHETHER BAD WEBSITES SHOULD EXIST BY WAY OF THEIR AID (FINANCIAL OR OTHERWISE!), IS RIDICULOUS!

  2. Avatar

    JOHN MAYOR

    July 13, 2022 at 5:08 pm

    ATTENTION!… AN URGENT MESSAGE!…
    .
    (Attention, the ensuing reply was prepared in the monospace Consolas Font [at 8-point BOLD], at a max screen width of 166 characters. To print, use “legal landscape”! Unfortunately, many websites do not have a “collapse widget” whereby lengthy replies can be efficiently and effectively “tucked away” to reduce “comment clutter”, nor a Blog Comment Host widget that/ which will afford MY CHOICE of font/ font size, and an ability to display a comment script utilizing the full screen width! A pitty!)
    ____________________
    .
    Fauxial Media Members, we need a “Federal INFORMATION Commission” (FIC) to transcend the Biden-Harris White House Task Force to Address Online Harassment and Abuse… and rather, than give the Constitutional breaching and UDHR breaching Federal COMMUNICATIONS Commission/ FCC (PROPERLY, SOLELY RESPONSIBLE FOR MAINTAINING– IN PART– CORPORATE SOCIAL MEDIA COMPLIANCE WITH COMMUNICATIONS INFRASTRUCTURAL TECHNI̲C̲ PREQUALIFICATIONS… AND NOT FOR THE “INFORMATION JACKING” OF THE INFORMATION CONTENT OF AMERICANS’ FREE SPEECH!) any further opportunity to violate it’s̲ CONSTITUTIONALLY PRESCRIBED MANDATE! PROPERLY GOVERNING Free Speech… under the Life and Security of the Person Sections of the Constitution and the UDHR!… should be under the scope of a Federal INFORMATION Commission/ FIC (equipped, with Behavioural Sciences skill sets… e.g., INTRApersonal and INTERpersonal Intelligence [i.e., the “3 I{s}”], and “Forensic Sociocybernetics”… but, etc.!)! Heck, Federal, State and Local Police Agencies/ Services use such skill sets to profile the “bad guy”… and so, SURELY, an “FIC” can be equipped with the skill sets necessary to address Human Information Rights under HUMAN ICT RIGHTS (the latter, including “Human Communications Rights”/ “Human Duocarrier Rights”… and ICT, an amalgam of Human Digital Rights and Human Analog[l] Rights… and ALL under HUMAN RIGHTS!)! In fact, the FCC should be equipped to handle Human Communications Rights (Digital and Analog[l]… and e.g., Access and Privacy issues)!… AND NOT THE PERSONAL INFORMATION CONTENT BEING COMMUNICATED/ CARRIED! Access and Privacy on one’s PC or cellphone– for example!– are CARRIER ISSUES… NOT “IDIOGEMÓDEDO CONTENT (‘personal full data/ [information] content’)” ISSUES (i.e., though the “IDIOGEMÓDEDO CONTENT” may give rise to an FIC decision to effect an FCC removal of a Carrier Software Block on, or the imposition of a Carrier Software Block on a Communications device/ Carrier device [e.g., a cellphone or a PC], “IDIOGEMÓDEDO CONTENT” and “CARRIER GEMÓDEDO CONTENT” are two distinct information concerns; and hence, the expression, INFORMATION & COMMUNICATION[S] TECHNES!)! In other words, “IDIOGEMÓDEDO CONTENT” and “CARRIER GEMÓDEDO CONTENT (best expressed as, ‘DICARRIER GEMÓDEDO CONTENT’… Digital and/ or Analog[l] Dicarrier Content)” are MUTUALLY EXCLUSIVE GEMÓDEDO/ INFORMATION CONCERNS OF ICT! And, unfortunately, due to the failure to separate the two distinct information concerns of IDIOGEMÓDEDO CONTENT and DICARRIER GEMÓDEDO CONTENT… YEA, to separate ICT into it’s̲ two main components!… an FIC was missed, and only a part of our ICT concerns have been met!
    .
    On one side of the ledger, the FCC should be addressing “HUMAN DICARRIER-GEMÓDEDO RIGHTS”/ “Human Communications-Information Rights” (i.e., that/ which is specific to ANY ASPECT of the RIGHTFUL HARDWARE AND SOFTWARE CARRIAGE of webizens’ “IDIOGEMÓDEDO CONTENT”), and on the other side of the ledger an FIC should be addressing “HUMAN IDIOGEMÓDEDO RIGHTS”/ “Human Personal-information Rights” (i.e., that/ which is specific to ANY ASPECT of the RIGHTFUL FREE SPEECH AND FREE ACCESS of and to webizens’ “IDIOGEMÓDEDO CONTENT”)! And all of which, must be based upon a Constitutional/ UDHR balance of Life, Security of the Person and Equal Protections and Equal Benefits!
    .
    And once again, ICT would be best phrased as, GEMÓDEDO (for “full data”… data, the plural of datum) & DICARRIER (DUOCARRIER… i.e., Digital and Analog[l]) TECHNES/ GDT… to: a) express the dual aspect of the GEMÓDEDO being managed; b) express the dual aspect of the means whereby GEMÓDEDO is sent and received; and c) express the fact that there are two aspects of GEMÓDEDO and CARRIER “TECHNES (NOT ‘technologies’, or ‘studies of technes’!)” managed, sent and received on behalf of all webizens!
    .
    See, en.wikipedia.org/wiki/Data… en.wikipedia.org/wiki/Information… and en.wiktionary.org/wiki/information#English
    .
    See, biblehub.com/greek/1073.htm (γέμω/ gemó, for “to be full”/ “filled”… GEMÓDEDO, not to be confused with the oft abused [and less than Greek!] use, “metadata”… or the correct Greek term, “metadedo”… see, μετά/ meta, for “after with”/ “change afterward” [see, bit.ly/3JQXjuw] and δεδομένα/ dedoména and δεδο/ dedo, for data).
    .
    All the Best!… and may God find you Blessworthy!

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