Taking the stand for the second day, Musk continued to double down on his assertion that Twitter had a much higher number of fake and spam accounts than the 5% it disclosed in regulatory filings.
Elon Musk to take stand in Twitter shareholder trial accusing him of deflating stock before purchase
The stock closed at $36.81 on July 8, 2022, when Musk tweeted he was abandoning the deal over the fake accounts issue. That's 32% below Musk's offer price of $54.20 per share.
Tesla CEO accused of making false and misleading statements that drove down Twitter’s stock price before he bought the ...
Legislation creating a “military police force” of Indiana National Guard members — to be deployed around the state at the ...
Meta will allow rival AI chatbot providers to offer their services on WhatsApp for a fee, which ranges from €0.0490 to ...
Based on preliminary findings from an investigation lasting almost two years, the EU Commission has determined that the video platform TikTok is in violation of the Digital Services Act (DSA). The ...
Activity on the Reddit-style social network for OpenClaw agents raises serious cybersecurity and privacy concerns.
The platform Shein, operated by Infinite Styles Services, reportedly has 108 million monthly users in the European Union. Consequently, the company faces significant obligations. "Illegal products are ...
Tollbit, which tracks web-scraping activity, found that AI bots made up 2 percent of all traffic on the web in the fourth quarter of last year. That’s up from just half a percent in the first quarter, ...
8th Pay Commission update: The 8th Pay Commission website has recently gone live at https://8cpc.gov.in/, with the government seeking inputs and suggestions from concerned individuals and stakeholders ...
After rolling out account verification for brands and individual users, Reddit CEO Steve Huffman writes in a letter to shareholders that the platform is trying to make it easier to identify bots, too.
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