New Link Video Anonymous Nikolas Twitter – On Tuesday, reps for the billionaire told Twitter in a letter that it intended to pursue the dispute, confirming earlier reports that it was all back.
“We are writing to inform you that the Musk parties intend to close the transaction contemplated by the Merger Agreement on April 25, 2022, on the terms set forth in,” said the report, which was filed with the Securities and Exchange Commission.
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Musk and Twitter have gone to court over the deal, with the Tesla and SpaceX CEO claiming that Twitter lied to him about the number of bots that exist on the social network. Without substantiating his claims, Musk claimed that as much as 20% of Twitter’s user base has “fake/spam accounts”. Twitter has long claimed that less than 5% of its “daily active users” — a portion of its user base taken as a measure for advertisers — are bots. However, now it seems that Musk is not ready to press the issue.
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“We have received a letter from Musk’s parties that they have filed a complaint with the SEC,” it said in a statement on Twitter, which it also shared on its investor relations account. “The company’s goal is to close the transaction at $54.20 per share,” the company added. Musk’s report boosted Twitter’s stock price by more than 12%, above $47 a share.
Twitter posted this message about today’s news: We received a letter from Musk’s parties that they filed with the SEC. The company’s goal is to close the transaction at $54.20 per share. — Twitter Investor Relations (@TwitterIR) October 4, 2022
According to the letter, Musk intends to proceed with the deal “provided that the Court of Chancery in Delaware grants the instant judgment, Twitter v. Musk et al., and stays the trial and all other proceedings.” In other words, Musk has moved forward as a failed lawsuit . However, given Musk’s precarious situation, another spanner could be thrown in the works.
While it’s unclear what prompted Musk’s change of heart, there have been several recent twists and turns in the days leading up to the trial, which is set to begin on October 17. The court recently released a statement on Musk’s letters about the deal, revealed by the discovery process, and makes clear that he was cold in light of the war in Ukraine and the looming threat to the global economic picture.
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Another twist came yesterday, when Delaware Circuit Court Judge Kathleen McCormick granted Twitter’s request to review texts from Musk’s inner circle related to anonymous messages shared by Musk’s lawyers. Alex Spiro received the bridge on May 6. the sender identified himself as a former Twitter manager and asked Musk’s team to follow another platform.
Although the owner of the report remains anonymous, it appears to be an email from former Twitter security chief Peter “Madge” Zatko, who refused to approach Musk before going public with his complaint in August. Musk’s team fired Zatko at the end of August, seeking testimony and information that could lead to the conclusion that revelations about the company’s security were worrisome enough to kill the deal.
Late Tuesday, Musk announced that the Twitter purchase would give “acceleration” to a different project, “X, Everything App.” Musk’s big, mysterious software project is likely news to everyone on both sides of the deal, though he previously said he would launch a social media site called X if the road prepares for Twitter’s downfall. It’s once again owned by X.com, and the company goes by the same name, but the app called X seems more likely to be steam — or just a joke — than anything else. Indeed. Twitter is testing a new layout in which the image stretches to the edge of the screen without horizontal lines, following the design of popular photo and video sharing apps such as Instagram.
The new system was introduced by Twitter’s Jane Manchun Wong, who often reveals features and tweaks to how Twitter works behind the scenes. The change is still in testing, but according to a screenshot shown by Wong, the image will now go from edge to edge, compared to the current model which has a horizontal line between the two sides of the image.
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Separately, when Twitter announced this week that it would shut down Fleets, its story job, in August, the company could see a new opportunity, one that users wanted.
), the company’s product Kayvon Beikpour polled his followers on whether they would sign up for Twitter Blue, the platform’s monthly service, if it gave users the ability to edit tweets minutes after they were posted.
If @TwitterBlue let you edit tweets within seconds of posting them, would you subscribe? tell me why yes/no in the comments! — Kayvon Baykpour (@kayvz) July 16, 2021
While there’s no word on whether the ability to edit tweets will become a reality, research into the company’s products makes it clear that Twitter is re-exploring the idea and trying to have public opinion.
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Twitter has been working on some sort of service since last summer, and Jane Manchun Wong, who often accesses new features in apps, shared the details of the Twitter tab after the search. Twitter’s service will be called Twitter Blue, and it currently costs $2.99 per month. There will be a “Collections” section that allows users to save and …
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Twitter on iOS is now introducing the ability for users to more easily search for tweets from a specific account, using a new search feature that appears on the account page. The feature, which was first seen on Twitter, allows users an easier way to search for tweets from a specific user. While the previous ability to use Twitter’s search model, the new search …
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