Twitter deals with users impersonating major companies—including Eli Lilly
A Twitter user posing as Indianapolis-based Eli Lilly falsely tweeted that insulin was now free, prompting an apology from the actual company.
Musk seeks to reassure advertisers on Twitter after chaos
The latest erratic move on the minds of major advertisers—that the company depends on for revenue—was Musk’s decision to abolish a new “official” label on high-profile Twitter accounts just hours after introducing it.
Musk threatens to boot Twitter account impersonators
The platform’s new owner issued the warning after some celebrities changed their Twitter display names—not their account names—and tweeted as ‘Elon Musk.’
Elon Musk beginning mass layoffs at Twitter
Musk is expected to proceed with plans to lay off about 50 percent of Twitter’s staff, according to people familiar with the matter.
Musk: People banned from Twitter won’t be restored for weeks
Elon Musk said Wednesday that Twitter will not allow anyone who has been kicked off the site to return until it sets up procedures on how to do that, a process that will take at least a few weeks.
Top Twitter executives fired as Elon Musk takeover begins
Musk became Twitter’s owner late Thursday as his $44 billion deal to take over the company closed, marking a new era for one of the world’s most influential social media platforms.
Musk doesn’t seek ‘free-for-all hellscape’ for Twitter
Elon Musk is telling Twitter advertisers he is buying the platform to “help humanity.” The message posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.
Documents detail plans to gut Twitter’s workforce
While job cuts have been expected regardless of the sale, the magnitude of Elon Musk’s planned cuts are far more extreme than anything Twitter had planned.
Judge delays Twitter trial, gives Musk time to seal buyout
Twitter said earlier this week that it intends to close the deal at the agreed-upon price, but the two sides are still booked for an Oct. 17 trial in Delaware over Musk’s earlier attempts to terminate the deal.
Musk offers to end legal fight, pay $44B to buy Twitter
The offer comes just two weeks before Twitter’s lawsuit seeking to force Musk to go through with the deal goes to trial.
Musk cites whistleblower as new reason to exit $44B Twitter deal
Tesla CEO Elon Musk and Twitter lobbed more accusations at each other Tuesday in the latest round of legal filings over Musk’s efforts to rescind his offer to buy the social media platform.
SEC questions Twitter on how it counts fake accounts
The SEC’s Division of Corporation Finance asked the questions in a June 15 letter, shortly before Tesla CEO Elon Musk raised the issue as grounds to back out of a deal to buy Twitter for $44 billion.
Former Twitter security chief files whistleblower complaints
A former head of security at Twitter has filed whistleblower complaints with U.S. officials, alleging that the company misled regulators about its cybersecurity defenses and its problems with fake accounts.
Twitter sues to force Musk to complete his $44B acquisition
In a fiery filing, Twitter accuses Musk of violating the merger agreement “because the deal he signed no longer serves his personal interests.”
Looming Musk-Twitter legal battle hammers company shares
Shares of Twitter slid more than 9% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.
Twitter prepares to take its fight against Elon Musk to the courts
The company is likely to face a lengthy courtroom battle with one of the world’s richest and most mercurial individuals, which could paralyze its ability to launch new initiatives and attract workers.
Musk abandons $44B deal to buy Twitter; company says it will sue
Twitter could push for a $1 billion breakup fee that Musk agreed to pay under these circumstances. Instead, it looks ready to fight to complete the purchase, which the company’s board has approved and CEO Parag Agrawal has insisted he wants to consummate.
Twitter says it removes 1 million spam accounts a day
Twitter provided the figure in a call with executives Thursday during a briefing that aimed to shed more light on the company’s fake and bot accounts as it tussles with potential buyer Elon Musk over “spam bots.”
Reports: Twitter to provide Musk with raw daily tweet data
Twitter plans to offer Elon Musk access to its “firehose” of raw data on hundreds of millions of daily tweets in an effort to push forward the Tesla billionaire’s agreed-to $44 billion acquisition, according to multiple news reports.
Musk threatens to walk away from Twitter deal
Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.