All articles tagged with #twitter
Dianna Russini returned to Twitter after the Vrabel photos controversy, only to face a torrent of hostile replies and scrutiny of her reporting and social-media presence, highlighting the tough realities for NFL insiders trying to sustain a plain-vanilla presence online.
A California jury found Elon Musk liable for misleading Twitter shareholders with a 2022 tweet that the $44 billion deal was temporarily on hold, triggering a stock drop; the verdict did not establish a fraud scheme, but Musk could face up to $2.6 billion in damages as the acquisition proceeds.
A San Francisco jury ruled that Elon Musk’s May 2022 tweets about Twitter’s bot accounts were materially false or misleading and found he defrauded Twitter investors in the $44 billion deal, with potential damages exceeding $2.6 billion; the panel rejected broader fraud claims and Musk said he will appeal.
A San Francisco jury found Elon Musk defrauded Twitter investors during the $44 billion 2022 takeover, ruling that his May 13 and May 17 tweets about bot counts were false or misleading. The verdict did not find a broader fraud scheme, but damages per share and per stock option for the May 13–Oct 3, 2022 period could total over $2.6 billion, with Musk planning to appeal.
A California federal jury ruled that Elon Musk misled Twitter shareholders with two May 2022 tweets during the $44 billion takeover, contributing to a drop in Twitter’s stock; the verdict could expose him to billions in damages (plaintiffs estimate about $2.6B), though he was cleared on some fraud claims; Musk plans to appeal; Twitter was acquired in 2022, later renamed X, and merged with his AI startup xAI and SpaceX.
A California jury found Elon Musk’s tweets about Twitter’s user metrics were materially false or misleading and contributed to investor losses during his $44 billion Twitter deal; no fraud scheme was proven, but damages could reach up to $2.6 billion, and plaintiffs plan to appeal.
A San Francisco federal jury ruled that Elon Musk’s tweets about fake accounts during Twitter’s $44 billion takeover misled investors, finding fraud on that point while clearing him on other claims; the verdict could mean billions in damages for shareholders, though the exact amount remains to be determined. Musk testified the tweets were his personal views and that Twitter executives had lied about bot counts.
A San Francisco federal jury unanimously found that Elon Musk’s public statements about Twitter’s user metrics and the 2022 takeover misled investors, potentially lowering the stock by roughly $3 to $8 a share and exposing Musk to damages for the class; Musk testified that readers overinterpreted his posts, while investors like Belgrave said they sold at a loss amid the turmoil as the deal proceeded and the platform was renamed to X.
Elon Musk’s lawyers sidestepped the SEC during settlement talks over the Twitter case.
Two former Twitter executives testified at a jury trial that bot accounts were among many topics discussed during Elon Musk’s 2022 purchase of Twitter, countering Musk’s claim that the company lied about its user base and bot percentage as part of the deal; the testimony underscored a more nuanced view of the bot issue and the negotiations surrounding the acquisition.
In a San Francisco shareholder trial, Elon Musk defended his tweets about Twitter bots as investors allege his statements caused Twitter’s stock to fall before the acquisition, seeking millions in damages.
Elon Musk testified in a San Francisco jury trial to defend himself against claims he misled investors and used tactics to back out of his $44 billion Twitter takeover, arguing the deal warranted renegotiation and that Twitter overstated bot figures; he described heated exchanges with Twitter’s board and said he pursued the deal after his lawyers warned a Delaware judge might rule against him, a decision he framed as a windfall for shareholders even as Twitter stock fell during the dispute.
BuzzFeed curates 24 top tweets from fans reacting to Bridgerton, including responses to Season 4 Part 2 on Netflix, showcasing witty quips, character moments, and fan theories as the internet dissectes and celebrates the show's latest drop.
Elon Musk is set to take the witness stand in a Twitter shareholder lawsuit alleging he misled investors about funding for his bid to take the company private, with the trial examining his statements and decisions surrounding the bid and their impact on investors.
Jurors for Elon Musk’s federal Twitter/X stock-manipulation trial in San Francisco are proving hard to find, with many prospective jurors admitting bias against Musk. Judge Breyer urged jurors to set personal opinions aside; over a third were dismissed for lack of impartiality, and the trial will proceed with nine jurors and no alternates from March 2–16, centering on Musk’s tweets about bots and the alleged impact on Twitter’s stock and the $44 billion deal.