Musk is under investigation by the federal government.


Elon Musk’s Case for Changing Twitter Moderation: A Pre-Trial Discovery Process in the Battle Over Twitter’s Merger Agreement

After months of legal skirmishes, the most important shitposter, Elon Musk, has picked up a company to his business empire. He celebrated by firing executives.

The messages were part of court filings and revealed Thursday as part of the pre-trial discovery process in the court battle over whether Musk has to follow through on the merger agreement he signed to buy Twitter. Twitter and Musk are due in court Oct. 17.

Robert Miller, chair of corporate finance and law at the University of Iowa College of Law, says Musk’s attempt to escape the agreement he had signed was always “an uphill climb,” citing how the entrepreneur had switched from arguing over the contract to accusing Twitter of fraud. For this argument to have worked, he says, the company would have to have committed “a gigantic, like Enron type of fraud,” for which no evidence has surfaced.

Musk initially declined a seat on the board, but later accepted and immediately proposed that the platform “unwind permanent bans on users.”

“Frankly, I hate doing mgmt (management) stuff. I don’t think it’s appropriate for someone to be the boss. I love helping solve design problems,” wrote the founder of six companies.

Musk suggested he will change the way. Twitter’s moderation works, potentially relaxing the kinds of policies that saw former President Donald Trump permanently banned from the platform.

Comments on the Cache of Text Messages on Twitter During a Deposition of Elon Musk on a $Membedded Social Media Company

The cache of text messages is revealing, but legal experts who are watching the case closely say there’s more entertainment value than new legal evidence.

The text messages support the idea that his interest in the platform was based on its role in public debate and free speech issues, not because he thought he could make the company profitable, Lipton said.

It was moved to October 6th and 7th after Musk moved his deposition from September. His lawyers negotiated a contract just days before the deposition was to take place, so he announced that he would honor it. The deposition was going to be uncomfortable and a judge determined that Musk likely deleted Signal messages that were relevant to the case. Musk received a court order to halt proceedings so that the deal could be closed by October 28th.

Twitter also showed that Musk’s own data scientists mostly confirmed the company’s estimates about how many human users versus spam accounts are on the platform, which is key to his argument.

Shannon said in a statement to CNN that Elon Musk believes complying with federal labor laws is trivial. We have filed a federal complaint to make sure that they are held accountable and to prevent employees from inadvertently signing away their rights.

Although Musk has suggested in public statements since he first questioned the deal in May that he could easily walk away from his $44 billion commitment, legal experts were not surprised by the U-turn.

On Twitter’s investigation of the Musk-Small-Boson deal with Silicon Valley giants, Spiro, and Bloomberg

There was little support for that argument in the material that was brought to light ahead of the trial. He knows that his best claim is fraudulent, but there’s nothing here that looks like it. “They’ve run out of cards to play.”

Musk’s decision to fold may also have been influenced by the potential for the trial to damage him personally. The internet devoured some of the personal text messages that the entrepreneur sent to major figures in Silicon Valley. This week he faced what Miller says would likely have been “a very embarrassing” deposition.

It isn’t clear which agencies may be carrying out the inquiry, and with no information about what actions the US officials may be looking into, we’re not sure what to make of it. Twitter’s filing merely said authorities are looking into Musk’s “conduct” linked to the deal.

The company’s court filing elsewhere accused Musk’s legal team of failing to produce draft communications with the Securities and Exchange Commission and a slide presentation to the Federal Trade Commission as part of the two sides’ ongoing litigation over whether Musk can walk away from the deal.

“Twitter’s executives are under federal investigation,” Spiro said in a statement to CNN. “This misdirection was sent by Twitter to try and uncover which of their assorted misconduct they are under investigation for.”

A separate filing by Twitter on Thursday maintained that it didn’t tell Zatko to burn notebooks as claimed by Musk’s team earlier this month. Zatko destroyed his notebooks by himself, it was claimed.

According to Insider, the execs received handsome payouts for their trouble, with Agrawal and Segal getting $38.7 million and $25.4 million respectively.

The Twitter Workers’ Litigation Action (Tuesday): A Class Action Against Musk and his Company for Violation of the WARN Act

The Supreme Court agreed to take two cases that would determine whether or not to penalize Twitter for illegal content on its platform.

More broadly, Musk has talked about using Twitter to create “X, the everything app.” The first reference to this is to China’s WeChat, a messaging app that has grown to encompass a wide range of businesses. “You basically live on WeChat in China,” Musk told Twitter employees in June. We will be a great success if we can recreate that.

Several employees of the social media company are going to file a lawsuit against Musk and his company in order to stop them from laying off employees on Friday.

The email obtained by CNN states that if your employment isn’t impacted, you will get a notification on your account on the social media site. You will get a notification with next steps via email if your employment is impacted.

The email said that the offices would be temporarily closed and that badges would be suspended to make sure employees were safe.

When Lee and the others decided to take the job, they signed a dispute resolution agreement that would make it impossible for them to join a class action suit. This meant that if they had a problem with the company, each person would have to negotiate on their own. Such a legal mechanism can be used to block class action suits. But for Twitter, faced with scores of disgruntled former employees, it could lead to death by a thousand cuts.

The lawsuit alleges that the workers were not given enough notice of their firing in accordance with both the federal Worker Adjustment and Retraining Notification Act (WARN) and California WARN Act. Companies have to give employees at least 60 days notice of a mass firing.

Five workers have been named in the suit that was filed in San Francisco. The lawsuit states that one of the defendants was already fired at the time of filing and that three others had been locked out of company accounts.

This is not the first time that Musk has been sued by class-action lawsuits. The company was sued by two former employees for violating the WARN Act.

Twitter Shouldn’t Be notified if Your Employees are Being Layoff by 9:00 a.m. Pacific Standard Time, Or Should You Be Telling Your Employer About It?

In a letter to employees obtained by multiple media outlets, the company said employees would find out by 9 a.m. Pacific Standard Time if they had been laid off. The email did not give a figure of how many people would lose their jobs.

He also removed the company’s board of directors and installed himself as the sole board member. Many employees of the social media company took to the site Thursday night to show their support for one another, often writing “Thank you” in reply to each other.

Barry C. White, a spokesperson for California’s Employment Development Department, said Thursday the agency has not received any recent have not received any recent such notifications from Twitter.

Advertisers are scaling back and new entrants are threatening the older class of social media platforms as the layoffs come at a tough time.

Its shares are trading at their lowest levels since 2015, after its parent company posted its second revenue decline in a row. Meta’s disappointing results followed weak earnings reports from Google parent Alphabet and even Microsoft.

And Bloom’s clients are not alone. Last week, Akiva Cohen, a lawyer representing another group of Twitter employees, notified the company that his clients, too, would be filing arbitration suits if the company did not “unequivocally confirm” that former employees would be given the full severance they say Twitter promised them.

It is not normal to think that you will end up taking your employer to court if you don’t like their way of treating you in the workplace.