Twitter accused Elon Musk of violating a non-disclosure agreement

Juliette Morgan
Twitter accused Elon Musk of violating a non-disclosure agreement

Twitter lawyers contacted Elon Musk and accused him of violating a non—disclosure agreement - the entrepreneur himself said this.

I just got a call from Twitter's legal service complaining that I violated a non-disclosure agreement,

— he wrote on his Twitter account.

According to the businessman, the management of the social network was dissatisfied with the fact that he told the public about his intention to check 100 random Twitter users for bots.

Recall that at the end of April, Elon Musk agreed to buy Twitter for $ 44 billion. He stated that he wants to reveal the untapped potential of the social network and return freedom of speech to the platform, thus regaining the trust of users.

In mid-May, Musk suspended the deal, deciding to wait for the results of checking the social network for the number of fake accounts. The entrepreneur questioned the assessment of the service itself, according to which spam accounts and fake accounts account for less than 5% of the total number of its users.

After Musk wrote about this on his microblog, the value of the social network's shares on the premarket fell by 20%, and Tesla securities jumped by 5.7%. Almost in a day, the businessman's fortune grew by $ 9.5 billion.

Columbia University law professor John Coffey explained to Forbes that the stock prices of the two companies are interdependent. Investors fear that the social network will distract Musk from the management of Tesla, so the news of the purchase of Twitter initially led to a collapse in Tesla shares, and the news of the suspension of the transaction caused the opposite effect.

If, through the fault of Elon Musk, the deal is not closed by October 24, 2022, he will have to pay Twitter a penalty of $ 1 billion.

More in the section Celebrity

Celebrity

Snowy, Jelly and Jeweled: 6 Winter Manicure Ideas

We have collected the most trendy ideas and tools to help you bring them to life.

Celebrity

Rosary and lingerie: Kim Kardashian criticized for new D&GxSKIMS advertising campaign

The TV star was accused of offending the feelings of believers.

Celebrity

Gwyneth Paltrow Reveals Her Kiss With Timothée Chalamet Was The Topic In 'Mommy Group Chats'

However, in reality the kiss was not at all romantic.

Celebrity

Lindsay Lohan's Radical Transformation Discussed Online

Spletnik looks into what procedures the actress underwent.

Celebrity

Norwegian Crown Princess' Son Accused of Second Rape. Police Have Video

The Crown Prince commented on the detention of his stepson.

Celebrity

Ana de Armas Dating Cuban President's Stepson

The actress was spotted taking a walk with Manuel Anido Cuesta.

Celebrity

Brad Pitt's parents haven't seen their grandchildren for 8 years due to his disagreements with Angelina Jolie

They fear that they will never see their grandchildren again.

Celebrity

Laysan Utyasheva met with girls who beat cancer as part of the "Dance of Life" project

They told how dance helps them cope with difficulties and understand that illness is not a death sentence.

Celebrity

"He Looks At Life Completely Differently." Miley Cyrus Opens Up About Boyfriend Who Is Six Years Younger Than Her

After her scandalous divorce, the singer rarely talks about her relationships.

Celebrity

Banana-shaped art object sold at Sotheby's for $6.2 million

A crypto investor from China bought a banana to eat.

Celebrity

Snowy, Jelly and Jeweled: 6 Winter Manicure Ideas

Celebrity

Rosary and lingerie: Kim Kardashian criticized for new D&GxSKIMS advertising campaign

Celebrity

Gwyneth Paltrow Reveals Her Kiss With Timothée Chalamet Was The Topic In 'Mommy Group Chats'

Celebrity

Lindsay Lohan's Radical Transformation Discussed Online

Celebrity

Norwegian Crown Princess' Son Accused of Second Rape. Police Have Video

Celebrity

Ana de Armas Dating Cuban President's Stepson

Celebrity

Brad Pitt's parents haven't seen their grandchildren for 8 years due to his disagreements with Angelina Jolie

Celebrity

Laysan Utyasheva met with girls who beat cancer as part of the "Dance of Life" project

Celebrity

"He Looks At Life Completely Differently." Miley Cyrus Opens Up About Boyfriend Who Is Six Years Younger Than Her

Celebrity

Banana-shaped art object sold at Sotheby's for $6.2 million

Celebrity

"This Is Beyond the Limit." Selena Gomez Responds to Body Shamers

Celebrity

Media: 53-year-old Marina Fedunkiv became a mother for the first time

Celebrity

"She's Sure It'll Drive Ben Crazy." Jennifer Lopez Suspected of Having an Affair with a Security Guard

Celebrity

Britney Spears Changes Her Social Media Name

Celebrity

"I Want to Smell Like a Man." Selena Gomez's Sexiest Man Alive Boyfriend Says He Doesn't Like Washing

Celebrity

Selena Gomez, Zoe Saldana and Carla Sofia Gascon at SAG-AFTRA event

Celebrity

'Her worst nightmare': Adele may end her career due to illness

Celebrity

Nicole Kidman, Alicia Vikander, Jude Law at the GQ Men Of The Year Awards

Celebrity

"I Drank Vodka Every Night." Elle Macpherson Opens Up About Her Struggle With Alcohol Addiction

Celebrity

Casio Brand Releases Miniature Ring Watch