Mr Musk called the US$90 million payout “unconscionable'. Read more at straitstimes.com.
SAN FRANCISCO - Mr Elon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a US$90 million fee it received from Twitter for defeating his bid to walk away from hisThe complaint by Mr Musk’s X Corp, which owns Twitter, was filed on Wednesday in the California Superior Court in San Francisco.
“Wachtell arranged to effectively line its pockets with funds from the company cash register while the keys were being handed over” to Mr Musk, the complaint said.
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Elon Musk sues Wachtell law firm to recoup fees from Twitter buyoutElon Musk has sued the elite law firm Wachtell, Lipton, Rosen & Katz to recover most of a $90 million fee it received from Twitter for defeating his bid to walk away from his $44 billion buyout of the social media company.The complaint by Musk's X Corp, which owns Twitter, was filed on Wednesday in the Ca
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Elon Musk threatens lawsuit as Twitter rival Threads takes offThreads parent Meta is accused of hiring dozens of former Twitter employees for its new messaging app. Read more at straitstimes.com.
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Malaysia PM Anwar to meet Elon Musk to discuss investmentsTesla will open an office, showrooms and service centres in Malaysia and establish a network of charging stations for its cars. Read more at straitstimes.com.
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PM Anwar to discuss investments in Malaysia with Tesla CEO Elon MuskKUALA LUMPUR: Malaysian Prime Minister Anwar Ibrahim is set to meet billionaire Elon Musk, the chief executive officer of electric car giant Tesla, next week to discuss the latter’s investments in Malaysia. “Elon Musk asked to consult with me (next week) to discuss the possibility of and his comm
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Zuckerberg-Musk fight is on: Meta launches 'Twitter Killer' Threads appNEW YORK — Meta's Mark Zuckerberg is set to deliver a blow to Twitter boss Elon Musk on Wednesday (July 5) night, as the tech billionaires' rivalry goes live with the launch of Instagram's much-anticipated Threads platform, a clone of Twitter.
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Meta's Threads is a true threat to Musk-owned Twitter, analysts sayMeta's Threads could quickly become a major threat to Elon Musk-owned Twitter, thanks to its easy access to billions of Instagram users, a similar interface to that of its rival and the advertising heft of the social media giant, analysts and industry experts said.Dubbed as the 'Twitter-Killer', Threads l
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