• Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Television
  • Advertising
    • Goafest 2022
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
Monday, August 15, 2022
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Television
  • Advertising
    • Goafest 2022
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Television
  • Advertising
    • Goafest 2022
    • PR
    • Mobile/Digital
      • Marketing
        • Market Analysis
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column
No Result
View All Result
MediaNews4U.com
No Result
View All Result
Home Featured

Elon Musk walks away from $44bn Twitter deal

by Editorial
July 9, 2022
in Featured, Mobile/Digital
Reading Time: 1 min read
Elon Musk becomes Twitter’s top shareholder after taking 9.2% stake in Twitter
Share Share ShareShare

Elon Musk is ending his $44 billion bid to buy Twitter, alleging that the social media company hasn’t met its contractual obligations, according to a statement filed with the U.S. Securities & Exchange Commission. 

Musk said that he is backing out of the deal to acquire Twitter as the company has failed to provide sufficient information on the number of spam and fake accounts.

In his letter to the SEC, Musk also alleged that Twitter’s decision to fire two top executives breached the merger agreement, as did certain employee layoffs and hiring freezes.

Reportedly, Musk had agreed to pay Twitter $1 billion were he to walk away, but there were exceptions for “material adverse effects,” which Musk is claiming may have occurred. As such, he’s effectively arguing that he owes Twitter nothing.

Tags: Elon MuskTwitter

Related Posts

‘Har Ghar Tiranga’ campaign: India Today office glitters with tricolor
Featured

‘Har Ghar Tiranga’ campaign: India Today office glitters with tricolor

by Editorial
August 13, 2022
0

The Union government had issued a call for the ‘Har Ghar Tiranga’ campaign under the aegis of Azadi Ka Amrit...

Read more
Josh Talks launches 'Josh Marathon' to mark India’s 75th Independence Day
Events

Josh Talks launches ‘Josh Marathon’ to mark India’s 75th Independence Day

by Editorial
August 13, 2022
0

Josh Talks, regional content and upskilling platform, has announced its video campaign Josh Marathon - India’s largest multilingual storytelling digital...

Read more
#MakeinIndia #MakingIndia: Rooh Afza

#MakeinIndia #MakingIndia: Rooh Afza

August 13, 2022
#Makeinindia #MakingIndia: Raymond

#Makeinindia #MakingIndia: Raymond

August 13, 2022
#Makeinindia #MakingIndia: Dabur

#Makeinindia #MakingIndia: Dabur

August 12, 2022
#MadeInIndia #MakingIndia: Bhima

#MadeInIndia #MakingIndia: Bhima

August 12, 2022
#MadeInIndia #MakingIndia: Margo

#MadeInIndia #MakingIndia: Margo

August 12, 2022
#MadeInIndia #MakingIndia: MDH

#MadeInIndia #MakingIndia: MDH

August 12, 2022

Subscribe to Newsletters

Contact Us :

UPLIFT MEDIANEWS4U DIGITAL PVT LTD

No. 194B , Aram Nagar 2, JP Road

Versova, Andheri West

Mumbai - 400061

Umanath.V
+91-99400-17868
umanath@medianews4u.com

© 2019 medianews4u.com

No Result
View All Result
  • Media
    • Exclusive
    • Buzz
    • Movers & Shakers
    • Events
    • International
  • Television
  • Advertising
    • Goafest 2022
    • PR
    • Mobile/Digital
      • Marketing
  • Radio
  • OTT
  • Print
  • Cable & DTH
  • Brand Stories
  • Leaderspeak
  • STRAIGHT TALK
  • My Column

Medianews4u.com © 2019 - 2022 All rights reserved.