• Latest
  • Trending

Elon Musk Cites Hacker’s Complaint In Fresh Letter Seeking Twitter Deal Termination

August 31, 2022
Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

May 26, 2023
KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

May 26, 2023
NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

May 26, 2023
Pantami Leads ICT Stakeholders to ABoICT Lecture 2023

Pantami Leads ICT Stakeholders to ABoICT Lecture 2023

May 26, 2023
NCS President, Sodiya To Chair 2023 Nigeria DigitalSENSE Africa Forum

NCS President, Sodiya To Chair 2023 Nigeria DigitalSENSE Africa Forum

May 26, 2023
Airtel Employees Donate Routers For Access to Digital Education

Airtel Employees Donate Routers For Access to Digital Education

May 26, 2023
FVC Partners With Global Hybrid Services Giants For GITEX Africa 2023

FVC Partners With Global Hybrid Services Giants For GITEX Africa 2023

May 20, 2023
Airtel Launches New Campaign To Inspire Youth Creativity

Airtel Launches New Campaign To Inspire Youth Creativity

May 20, 2023
Ranganath, Director Africa Data Centres to Keynote ABoICT Lecture 2023

Ranganath, Director Africa Data Centres to Keynote ABoICT Lecture 2023

May 20, 2023
T4 Education, HP, Microsoft Name Nigeria’s Simi Nwogugu For Africa Education Medal 2023 

T4 Education, HP, Microsoft Name Nigeria’s Simi Nwogugu For Africa Education Medal 2023 

May 20, 2023
‘Made By Africa, Loved By The World’ Campaign: Meta Celebrates Africa’s ‘Rising Stars’

‘Made By Africa, Loved By The World’ Campaign: Meta Celebrates Africa’s ‘Rising Stars’

May 20, 2023
ALTON Set To Disconnect Debtor Banks’ USSD Service, As NCC Gives Approval

ALTON Set To Disconnect Debtor Banks’ USSD Service, As NCC Gives Approval

May 14, 2023
EBusiness Life
Friday, June 2, 2023
Newsletter
Contact Us
  • Home
  • NewsBytes
    • Agrictech
    • Cybersecurity
    • e-Politics
    • Entertainment
    • Fintech
    • Foreign News
    • Local News
    • Social Media
    • StartUps
    • State News
  • Big Issues
  • Columns
    • Contributions
    • eScope
    • Inside Issues
  • Cyberparenting
  • Tech Talk
    • Innovations
    • World of Sc & Tech
  • Gadget Review
    • Phones
    • Laptops
    • Accessories
  • Interviews
  • Events
  • PhotoNews
  • Archives
  • Digital Edition
No Result
View All Result
E-Business Life
No Result
View All Result

Elon Musk Cites Hacker’s Complaint In Fresh Letter Seeking Twitter Deal Termination

by Admin
August 31, 2022
in NewsBytes
Reading Time: 2 mins read
A A
0

Elon Musk has sent an additional letter of deal termination to Twitter Inc to include a recent whistleblower complaint from former security head of the social media firm as another reason to scrap the $44 billion deal, Reuters reports.

Last week, Peiter Zatko, a famed hacker known as “Mudge”, said in his complaint that Twitter prioritized user growth over reducing spam and falsely claimed it had a solid security plan.

YOU MAY ALSO LIKE

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

If the allegations are true, then Twitter has breached some of the provisions of the merger agreement, Musk and his legal team said in a letter dated Aug. 29.

Twitter, however, said in its regulatory filing the fresh termination notice was invalid and wrongful under the deal terms.

Musk has also subpoenaed Zatko, seeking information mostly about the way the microblogging site measures spam account.

Musk decided to terminate the deal in July, saying the company misled him and regulators about the true number of spam or bot accounts on the microblogging platform.

His legal team said allegations on certain facts, which were known to Twitter prior to July 8 but were not disclosed to them, provide additional and distinct bases to end the deal, according to a regulatory filing by Musk on Tuesday.

The latest turn of events comes as the two sides head to a five-day trial at the Delaware Court of Chancery set to begin on Oct. 17. Twitter is asking Chancellor Kathaleen McCormick to order Musk to buy it for the agreed $54.20 per share.

Twitter shares were down 2.5% at $39.02 before the bell on Tuesday.

Share this:

  • Tweet
  • WhatsApp
  • Telegram
ShareTweetSendShareShareBookmark

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

Recent News

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

May 26, 2023
KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

May 26, 2023
NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

May 26, 2023

Ebusiness Life

Ebusiness Life is news Tech company. We give you latest updates on Tech News and other tech related news.

Join our mailing list and get latest updates.

Check your inbox or spam folder to confirm your subscription.

Popular Posts

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

Spyware Attacks On Organisations In Nigeria, South Africa, Kenya increased In Q1 2023

by Admin
May 26, 2023
0

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

KamaPay to Showcase Cross-Border Payment Solutions at GITEX Africa 2023

by Admin
May 26, 2023
0

NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

NITRA Elects New EXCO, As NUJ Chairman Charges Them On Collaboration

by Admin
May 26, 2023
0

Categories

  • Big Issues
  • Columns
    • eScope
  • Cyberparenting
  • eBusiness
  • Gadget Review
    • Laptops
    • Phones
  • Interviews
  • NewsBytes
    • Agrictech
    • Cybersecurity
    • e-Politics
    • Entertainment
    • Fintech
    • Foreign News
    • Local News
    • Social Media
    • StartUps
  • Opinion
  • Tech Talk
    • World of Sc & Tech
  • Uncategorized

Quick Links

  • Contact Us
  • Newsletter
  • Privacy & Policy
  • Contact Us
  • Newsletter
  • Privacy & Policy

© 2022 Ebusiness Life - Desinged by Kreative TechPoint.

No Result
View All Result
  • Home
  • NewsBytes
    • Agrictech
    • Cybersecurity
    • e-Politics
    • Entertainment
    • Fintech
    • Foreign News
    • Local News
    • Social Media
    • StartUps
    • State News
  • Big Issues
  • Columns
    • Contributions
    • eScope
    • Inside Issues
  • Cyberparenting
  • Tech Talk
    • Innovations
    • World of Sc & Tech
  • Gadget Review
    • Phones
    • Laptops
    • Accessories
  • Interviews
  • Events
  • PhotoNews
  • Archives
  • Digital Edition

© 2022 Ebusiness Life - Desinged by Kreative TechPoint.