Elon Musk vs. Twitter: all the news about one of the biggest, messiest tech deals ever - The Verge

Elon Musk made a deal to buy Twitter and then decided he wanted out. The fight is heading to trial in Delaware Chancery Court in October, and we’re tracking all the latest updates.

On Thursday, April 14th, Elon Musk announced an offer to buy Twitter for $54.20 a share. On April 25th, Twitter accepted the deal. By July 8th, Musk wanted out. Then Twitter sued Musk. And now we’re headed for Chancery Court in Delaware for a five-day trial in October that will determine who owns Twitter — and what happens after.

This is a huge story with a lot of fast-moving parts to it. It’s also a story that will likely stretch out over the next few months, maybe even longer. So we thought we’d put together a guide for you, our readers, that can be updated as things continue to unfold. Because, like Elon, we ❤️ you.

So strap in. It’s going to be a bumpy ride.

The latest news:

Peter “Mudge” Zatko was fired in early 2022 from his position as Twitter’s head of security. In July, he filed a whistleblower report saying Twitter has hidden negligent security practices, misled federal regulators about its safety, and failed to properly estimate the number of bots on its platform. Zatko is a long-tenured and well-respected voice in the hacker and security community, and his allegations are sure to have a huge impact in and out of Twitter. Congress, for one, has already said it is investigating Zatko’s claims.

https://www.theverge.com/23026874/elon-musk-twitter-buyout-news-updates


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Updated: 1 year ago
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