IT House News on September 10, according to court records, Elon Musk filed a revised countersuit against Twitter on Friday, including recent allegations by whistleblowers that the social media platform has security flaws.
In addition, on the 9th local time, Tesla CEO Musk’s lawyer said that Musk’s $44 billion acquisition of Twitter was due to Twitter’s recent agreement with and payment of $7.75 million to a whistleblower. Agreement has been terminated.
This is the third letter Musk has sent to Twitter in an attempt to end its $44 billion acquisition. The letter, dated Sept. 9, was sent to Twitter’s chief legal officer, Vijaya Gadde, and was included in Twitter’s filing with the U.S. Securities and Exchange Commission on Friday.
Last month, Zatko made headlines for accusing Twitter of misleading investors about the number of bots on the service, its failure to delete user data and poor security measures. Musk has pushed back against the allegations, referring to them in his second dismissal letter and subpoenaing Zatko to testify in the lawsuit. Zatko is scheduled to be sacked on Friday.
IT House has reported that Musk sent his first termination letter in July, saying that Twitter had misled him about the number of bots on its platform and that the company would not let him have access to what he made his own decision. required information. Although he was given access to the “firehose” API that contained each tweet.
On Thursday, the Wall Street Journal reported that before Zatko left the company, Twitter agreed to pay him about $7 million, the amount he lost after months of negotiations with the company over compensation.
Musk’s lawyers say that’s another reason his deal for the social media company, whose deal barred Twitter from offering any extraordinary severance or termination payments, shouldn’t go through.
The Wall Street Journal believes the settlement isn’t particularly surprising considering Zatko is an executive who has left the company, but Musk doesn’t seem to agree. (The letter also mentioned that Musk was unaware of the news until Twitter filed a separation agreement with the court.)
A trial in the case is scheduled to begin on October 17. Twitter did not immediately respond to a request for comment.
Titanium Media IT Home CNBeta NetEase News
- 2022-09-10Musk issues another notice to try to end deal with Twitter
- 2022-09-07Musk lawyer urges judge to delay Twitter takeover trial
- 2022-08-30 Musk formally notified to terminate the acquisition of Twitter
- 2022-07-29 Musk countersues Twitter
- 2022-07-19 Musk takeover trial set for October
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