Twitter to dispose Musk ahead of October trial: Here are some recent developments in this saga

By IANS English | Published 26 Sep 2022 11:52 IST
Twitter to dispose Musk ahead of October trial: Here are some recent developments in this saga
Twitter to dispose Musk ahead of October trial: Here are some recent developments in this saga

Tesla and SpaceX CEO Elon Musk is set to depose before the Twitter lawyers earlier this week in the $44 billion takeover deal that he has terminated.

The deposition is slated for September 26-27 and may run into September 28 if needed, according to court filings, reports Benzinga.

The deposition, ahead of the full-blown October 17 legal trial in the Delaware Court of Chancery in the US, will not be a public one.

Earlier, in a minor win for Tesla CEO Elon Musk, a US court allowed his legal team to make a case that a $7.75 million severance payment to Peiter 'Mudge' Zatko, Twitter's former head of security, allows him to terminate the $44 billion takeover deal.

Judge Kathleen McCormick ruled last week that Musk can amend his counterclaims to include the payment to Zatko.

The ruling means that Musk can use the Zatko payment for his argument regarding terminating the deal. Twitter did not oppose the motion, Barron's had reported.

Twitter is also seeking if there is a connection between its former head of security and Musk.

Musk has said that the testimony of Twitter whistleblower justifies his termination of the $44 billion deal to buy the micro-blogging platform.

Twitter shareholders had voted to approve the buyout by Musk amid the legal battle.

(Except for the headline and cover image, the rest of this IANS article is un-edited)

For more technology newsproduct reviews, sci-tech features and updates, keep reading Digit.in.

IANS English

About Me: This is an unedited, unformatted feed from the Indo-Asian News Service (IANS) wire. Read More

Tags:
Elon Musk Elon Musk Twitter Musk deposition
Advertisements

Trending Articles

Advertisements

LATEST ARTICLES View All

Advertisements

Hot Deals View All

Apple iPhone 13 (128GB) - Starlight
Apple iPhone 13 (128GB) - Starlight
₹ 66900 | $hotDeals->merchant_name
realme narzo 50A Prime (Flash Blue, 4GB RAM+64GB Storage) FHD+ Display | 50MP AI Triple Camera (No Charger Variant)
realme narzo 50A Prime (Flash Blue, 4GB RAM+64GB Storage) FHD+ Display | 50MP AI Triple Camera (No Charger Variant)
₹ 11499 | $hotDeals->merchant_name
OnePlus 10 Pro 5G (Volcanic Black, 8GB RAM, 128GB Storage)
OnePlus 10 Pro 5G (Volcanic Black, 8GB RAM, 128GB Storage)
₹ 61999 | $hotDeals->merchant_name
Apple iPhone 12 (64GB) - White
Apple iPhone 12 (64GB) - White
₹ 48999 | $hotDeals->merchant_name
Redmi Note 10T 5G (Metallic Blue, 4GB RAM, 64GB Storage) | Dual 5G | 90Hz Adaptive Refresh Rate | MediaTek Dimensity 700 7nm Processor | 22.5W Charger Included
Redmi Note 10T 5G (Metallic Blue, 4GB RAM, 64GB Storage) | Dual 5G | 90Hz Adaptive Refresh Rate | MediaTek Dimensity 700 7nm Processor | 22.5W Charger Included
₹ 14999 | $hotDeals->merchant_name