Elon Musk Twitter Deal: Elon Musk cites whistleblower, eyes trial delay | International Business News – Times of India

NEW YORK: Elon Musk‘s lawyers have filed a fresh notice to terminate his $44-billion buyout of Twitter, citing whistleblower testimony by the platform’s former security chief as “distinct” justification for scrapping the deal. The termination letter, made public on Tuesday, argued that the allegations that were made by Peiter Zatko would, if true, place Twitter in violation of the initial takeover agreement.
Musk also sought to delay the Twitter trial by about a month to November, according to a court filing, as the whistleblower provided the world’s richest person with fresh ammunition to back out of the deal. Musk asked the judge on Tuesday to let both sides continue briefing their cases through November 10, followed by a conference to discuss what evidence they can introduce at trial.

Source link