I knew he wasn’t going to buy Twitter. Elon musk cancels and backs out of the Twitter deal. Edit: Twitter to sue Elon Musk

the bossman

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He lowkey just exposed that Twitter active users aren’t as high as they claim and it’s more bots on there than they’re admitting.

That was his main concern when it came to the purchase.

Twitter literally released their damage control a few hours ago claiming only 5% of the accounts were bots.
You really believe a tech billionaire and his team of highly paid lawyers didn't do their due diligence beforehand to know some common ass knowledge that Twitter had bots before making an offer?

Talk about gullible :mjlol:
 

Rarely-Wrong Liggins

Name another Liggins hot I'm just honest.
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Must still has some leftover goodwill from his days as a humble nerd of "just a few" billion dollars fighting to keep Tesla afloat amid all the naysayers. Before there was the death of Bitcoin/Crypto there was the impending death of Tesla, coming just ANY DAY NOW, it was all going to collapse.

Like Bezos he was a looked upon as a monied dweeb worth a few billion just trying to overcome the odds and make life better and easier for us by pushing back against the common old world villains like Big Box Retail and the likes of Ford and General Motors.

Somewhere along the way they succeeded, and Must in particular, really decided to let his nuts hang. While Bezos became a Bond villain, Must became the trashy billionaire autistic white boys want to be and likely would like to be with. He acts like a common man with money; akin to a smug project manager at a Fortune 500 whom while smart hasn't done any actual work in years but lives at the office micro managing his workforce.

Much like that strawman would have no issue spouting whatever comes to his mind, Must doesn't have the usual billionaire filter. His boorish behavior is part of the "charm." That's why he has so many of these pathetic male groupies. They feel he is relatable and a relatable billionaire helps perpetuate the American Dream; if this seemingly "normal" autism riddled geek fan become the world's richest man then the sky is the limit for any reddit neckbeard shut in.

Must was part of that liberal pantheon of good guys along with the likes of Neil DeGrass Tyson and Bill Maher but just like Must they are a$$holes, they just aren't worth hundreds of billions of dollars. Must is and he's showing you what an a$$hole does with their money when they don't care about keeping up appearances. At some point he's going to get a slap on the wrist and told to cut it out but until then he is going to do whatever he likes because he's rich and white and his minions will eat it up.
 

Robbie3000

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Yeah surprised more people arent calling this. I mean what did all his friends like joe rogan IMMEDIATELY ask for? Trump to come back.

Hell the first thing elon did was ASK Trump if was going to come back. And he refused. That tells you everything.

This guy felt so strongly about this that he was willing to spend 44 billion on it. That tells how importabt Trump was to these cacs

He don’t give a fukk about Trump like that. He’s just an insecure clout chasing nerd that can’t get enough attention. He also created a reason to sell off his Tesla stock that his Stans would buy.
 

Robbie3000

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Must still has some leftover goodwill from his days as a humble nerd of "just a few" billion dollars fighting to keep Tesla afloat amid all the naysayers. Before there was the death of Bitcoin/Crypto there was the impending death of Tesla, coming just ANY DAY NOW, it was all going to collapse.

Like Bezos he was a looked upon as a monied dweeb worth a few billion just trying to overcome the odds and make life better and easier for us by pushing back against the common old world villains like Big Box Retail and the likes of Ford and General Motors.

Somewhere along the way they succeeded, and Must in particular, really decided to let his nuts hang. While Bezos became a Bond villain, Must became the trashy billionaire autistic white boys want to be and likely would like to be with. He acts like a common man with money; akin to a smug project manager at a Fortune 500 whom while smart hasn't done any actual work in years but lives at the office micro managing his workforce.

Much like that strawman would have no issue spouting whatever comes to his mind, Must doesn't have the usual billionaire filter. His boorish behavior is part of the "charm." That's why he has so many of these pathetic male groupies. They feel he is relatable and a relatable billionaire helps perpetuate the American Dream; if this seemingly "normal" autism riddled geek fan become the world's richest man then the sky is the limit for any reddit neckbeard shut in.

Must was part of that liberal pantheon of good guys along with the likes of Neil DeGrass Tyson and Bill Maher but just like Must they are a$$holes, they just aren't worth hundreds of billions of dollars. Must is and he's showing you what an a$$hole does with their money when they don't care about keeping up appearances. At some point he's going to get a slap on the wrist and told to cut it out but until then he is going to do whatever he likes because he's rich and white and his minions will eat it up.

I agree, but Neil Tyson doesn’t belong on that list. At worst, he is just pompous.
 

Geek Nasty

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You really believe a tech billionaire and his team of highly paid lawyers didn't do their due diligence beforehand to know some common ass knowledge that Twitter had bots before making an offer?

Talk about gullible :mjlol:
Have you been watching this dude? He’s reckless petty and stupid. Tesla stock should be under $20. Once the hype train leaves his overleveraged ass will be ruined.
 

Frieza666

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There's something so earnest about this supervillain.

He telegraphs his moves, fumbles like crazy, and says the quiet part out loud.

He be winning tho. He's changing this world.

More than any public figure, dude seems genuine. A genuine bad guy. A genuine clout chaser. A genuine blow hard.

He just does whatever out in the open and let's the pieces fall.

But fukc him and his one million little satellites. Glad he didn't buy Twitter


Lol I used to not like dude but this Twitter thing made me warm up to him. A lot of y’all sound hurt like dude smacked your moms tho :mjlol:
 

bnew

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Musk Seeks to Block ‘Warp Speed’ Twitter Trial Over $44 Billion Deal​

  • Twitter seeks September trial; Musk wants February or later
  • Musk pulled out of acquisition citing concerns about spam bots
Elon Musk

Elon Musk
Photographer: Liesa Johannssen-Koppitz/Bloomberg
By
Jef Feeley
July 15, 2022 at 5:29 PM EDT
Updated onJ uly 15, 2022 at 6:14 PM EDT

Elon Musk’s lawyers say Twitter Inc. officials are unfairly pushing for a “warp speed” trial over claims the billionaire improperly canceled his proposed $44 billion buyout of the social media company, and asked that the case be heard next year instead.

Musk’s legal team on Friday rebuffed Twitter’s argument that the case over the teetering transaction can be wrapped up in a four-day trial starting in September in Delaware Chancery Court, saying it will require “forensic review and analysis of large swaths of data” about Musk’s claims that Twitter’s customer base is riddled with spam and robot accounts.

Musk is requesting a Feb. 13, 2023, trial at the earliest, “an extremely rapid schedule for a case of this enormous magnitude,” he said in a 14-page filing, according to a representative for Musk. The judge will hold a hearing July 19 on whether to put the case on a fast track.

Twitter declined to comment on Musk’s filing.

The Twitter buyout agreement specifies that all legal disputes over the deal must be heard in Delaware, corporate home to more than half of US public companies, including Twitter and Musk’s Tesla Inc., and more than 60% of Fortune 500 companies.

Unlike some states, where it can take several years to get a case to trial, Delaware Chancery Court moves quicker. The judges, business law experts, are known for parsing legal thickets of complex merger-and-acquisition disputes fast and thorough. Complex business cases are often argued before a judge within six or seven months of being filed.

Until now, Musk hadn’t responded in court to Twitter’s allegations that he’s using the bots issue as a pretext to walk away from the $54.20-per-share bid he made for the company in April. The Tesla chief executive backed out of the deal July 8, saying in a regulatory filing that Twitter had made “misleading representations” over the number of spam bots on the service.

In his response to Twitter’s fast-track request, Musk said the platform’s officials stalled providing information about the spam and robot accounts to gain a “tactical delay” that would buttress their demand for an expedited trial.

“Twitter’s sudden request for warp speed after two months of foot-dragging and obfuscation is its latest tactic to shroud the truth about spam accounts long enough to railroad defendants into closing,” his lawyers said in the filing.

“The core dispute over false and spam accounts is fundamental to Twitter’s value,” Musk’s lawyers wrote. “It is also extremely fact and expert intensive, requiring substantial time” for pretrial exchanges of information.


Musk even chided Twitter officials for being no fun.

“With the sense of humor of a bot, Twitter claims Musk is damaging the company with tweets like a Chuck Norris theme and a poop emoji,” the lawyers wrote. “Twitter ignores that Musk is its second largest shareholder with a far greater economic stake than the entire Twitter board.”

Musk’s response includes a claim that Twitter checks only 100 accounts a day when trying to calculate the number of spam bots on the service, something Musk has referred to in prior Tweets. In those tweets, though, he suggested that Twitter checks 100 accounts in total, not daily. The company says it checks roughly 9,000 accounts a quarter, which would average out to about 100 a day.



In response to Musk’s requests for specifics on spam and robot accounts, Twitter officials said they made available all the information they had by providing their whole “firehose” of data.

Musk counters that the firehose didn’t provide a wealth of bots data, but instead offered “a bespoke partial data set structured to make the necessary machine analysis impossible.”

Musk accused Twitter of violating the deal’s “ordinary course” provisions by firing some executives and setting up a hiring freeze. Such obligations require the target of a buyout to operate in the ordinary course of business while waiting for the deal to close.

A Chancery judge recently concluded that violations of this obligation by the owner of a string of luxury hotels allowed a would-be buyer to walk away from the more than $5 billion purchase.

The case is Twitter v. Musk, 22-0613, Delaware Chancery Court (Wilmington).

— With assistance by Bob Van Voris, and Kurt Wagner
 
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