Close Menu
NERDBOT
    Facebook X (Twitter) Instagram YouTube
    Subscribe
    NERDBOT
    • News
      • Reviews
    • Movies & TV
    • Comics
    • Gaming
    • Collectibles
    • Science & Tech
    • Culture
    • Nerd Voices
    • About Us
      • Join the Team at Nerdbot
    NERDBOT
    Home»News»Yes, Twitter *IS* Suing Elon Musk for Pulling Out
    News

    Yes, Twitter *IS* Suing Elon Musk for Pulling Out

    Breana CeballosBy Breana CeballosJuly 13, 20223 Mins Read
    Share
    Facebook Twitter Pinterest Reddit WhatsApp Email

    Back when Elon Musk‘s possible acquisition of Twitter was trending, he made a lot of claims about what he’d change. His ideas ranged from the strange to the downright ridiculous. But when the Space X CEO asked for ‘information about bots and fake accounts,’ things started to get quiet. Cut to July- the billionaire has backed out of the $44 billion deal to purchase the social media company. Twitter, in turn, is now suing Musk for pulling out.

    The list of what they are suing over is quite extensive. Musk did a lot of things wrong and hurt the brand along the way. During the months prior to the dissolution of the deal, Musk publicly shared data about the company that violated his NDA with Twitter.

    Elon Musk, Boring Company TED Talk [https://youtu.be/zIwLWfaAg-8]

    “Having mounted a public spectacle to put Twitter in play, and having proposed and then signed a seller-friendly merger agreement, Musk apparently believes that he— unlike every other party subject to Delaware contract law — is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away,” the lawsuit states.

    Musk’s team argues Twitter did not share enough information about bots. But that is extremely hypocritical seeing as how he was initially interested in fixing Twitter’s crypto spam which he felt brought down the value of the platform. It’s not like he wasn’t aware of the issue when entering into a good-faith deal.

    Twitter, official logo

    “One of the chief reasons Musk cited on March 31, 2022 for wanting to buy Twitter was to rid it of the ‘crypto spam’ he viewed as a ‘major blight on the user experience. But when the market declined and the fixed-price deal became less attractive, Musk shifted his narrative, suddenly demanding ‘verification’ that spam was not a serious problem on Twitter’s platform, and claiming a burning need to conduct ‘diligence’ he had expressly forsworn.”

    The lawsuit, filed in Delaware, also claims Musk has threatened to start his own Twitter rival platform. It almost sounds like he went in and got all the details about how things worked, and then backed out because he could just do it himself. That may not be the order of things, but that’s how the general public will see things should that happen in the future.

    Elon Musk as Wario, “Saturday Night Live” NBCUniversal

    The lawsuit also claims because Musk is no longer interested in the deal (which does not benefit him personally), he’s trying to back out of the agreement. Anyone with basic knowledge of how contracts work know that is a huge no no. But when you have the capitol like Musk does to fight something like this in court, it doesn’t really matter anymore.

    It’s going to be up to the courts to decide who wins in this case. The suit will no doubt set a precedent for whatever the verdict is on this type of case. We’ll let you know what we hear about this and other news.

    Do You Want to Know More?

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email
    Previous Article“The Munsters” is a Herman-Meets Lily Love Story! [Trailer]
    Next Article Tom Cruise “Doesn’t Mean Sh*T” to Mickey Rourke
    Breana Ceballos
    • Website

    Anime enthusiast, Hearthstone Battleground addict.

    Related Posts

    “Final Destination: Bloodlines” New Franchise Fun, Same Old Death [review]

    May 16, 2025

    HBO Max is Coming Back. Again. For Some Reason.

    May 14, 2025

    “The Story of Spinal Tap” Book Coming Ahead of Sequel Film!

    May 13, 2025
    Disneyland Resort's 70th anniversary talking Mickey popcorn bucket

    Disneyland Reveals TALKING Mickey Mouse Popcorn Bucket

    May 13, 2025

    “The Accountant 2,” “Fight or Flight,” “The Surfer” and More! [Review]

    May 10, 2025

    How to Use Tetris for PTSD Recovery: A Science-Backed Guide

    May 7, 2025
    • Latest
    • News
    • Movies
    • TV
    • Reviews
    Sesame Street

    “Sesame Street” Finds New Home at Netflix, Will Remain on PBS

    May 19, 2025

    “28 Days Later” Returns to Theaters For One Night Only

    May 19, 2025
    Poker play. Chips and cards on the green table

    Online Poker Tournaments’ Excitement Stems From Strategy And Rivalry

    May 19, 2025

    How Do You Get to Shibuya Sky and What Should You Expect?

    May 19, 2025

    “Final Destination: Bloodlines” New Franchise Fun, Same Old Death [review]

    May 16, 2025

    HBO Max is Coming Back. Again. For Some Reason.

    May 14, 2025

    “The Story of Spinal Tap” Book Coming Ahead of Sequel Film!

    May 13, 2025
    Disneyland Resort's 70th anniversary talking Mickey popcorn bucket

    Disneyland Reveals TALKING Mickey Mouse Popcorn Bucket

    May 13, 2025

    “28 Days Later” Returns to Theaters For One Night Only

    May 19, 2025

    “Final Destination: Bloodlines” New Franchise Fun, Same Old Death [review]

    May 16, 2025

    Ralph Fiennes to Play President Snow in “Sunrise on the Reaping”

    May 16, 2025
    “Passion of The Christ,” 2004

    Mel Gibson’s “Resurrection of the Christ” Gets Title Treatment

    May 15, 2025
    Sesame Street

    “Sesame Street” Finds New Home at Netflix, Will Remain on PBS

    May 19, 2025

    Ryan Kiera Armstrong is the Slayer for “Buffy” Revival

    May 15, 2025

    Michael J. Fox Makes Acting Return in “Shrinking” Season 3

    May 15, 2025

    Marvel Television Releases First Trailer for “Ironheart”

    May 14, 2025

    “Final Destination: Bloodlines” New Franchise Fun, Same Old Death [review]

    May 16, 2025

    “The Accountant 2,” “Fight or Flight,” “The Surfer” and More! [Review]

    May 10, 2025

    “Friendship” The Funniest Movie I Couldn’t Wait to End [review]

    May 3, 2025

    “Thunderbolts*” Surprisingly Emotional Therapy Session for Anti-Heroes

    May 3, 2025
    Check Out Our Latest
      • Product Reviews
      • Reviews
      • SDCC 2021
      • SDCC 2022
    Related Posts

    None found

    NERDBOT
    Facebook X (Twitter) Instagram YouTube
    Nerdbot is owned and operated by Nerds! If you have an idea for a story or a cool project send us a holler on [email protected]

    Type above and press Enter to search. Press Esc to cancel.