Showing posts with label legal. Show all posts
Showing posts with label legal. Show all posts

Wednesday, April 13, 2022

Social Media in the news - Elon Musk

 updated information: Aug 3, 2022

Twitter is dragging Elon Musk's billionaire friends into its $44 billion legal battle with a flurry of subpoenas

  • Twitter has subpoenaed Chamath Palihapitiya and multiple members of Musk's social circle.
  • One of Musk's associates called the legal requests a "giant harassing fishing expedition."
  • Twitter has also subpoenaed the banks that are helping finance the $44 billion purchase.

Quotes from above article:

"... The missives to Musk's social circle came after Twitter sent subpoenas to several banks that were helping finance the deal, including Morgan Stanley, Citigroup, and Bank of America."

"... Multiple experts previously told Insider that Musk faces an uphill battle in his efforts to get out of the deal due to the ironclad contract he signed earlier this year. ..."

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Elon Musk is no free speech messiah

According to Musk, free speech costs about $3 billion.

Why it's best to use CASH - cash is king

 Via social media post, here is a very interesting explanation as to why pay with cash whenever possible, when you are shopping. I copied th...