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Musk's Twitter Trial: Bot Claims vs. Reality

Musk's Twitter Trial: Bot Claims vs. Reality

Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 17, 20261m 58s

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Show Notes

Closing arguments commence in a San Francisco trial where Elon Musk faces Twitter shareholders over a $44 billion deal. The class-action suit alleges Musk misled investors to avoid the purchase, citing a pattern of deceptive actions. The deal was initially struck at $54.20 per share, with Twitter suing in Delaware to enforce it after Musk attempted to back out due to bot account concerns. Musk later closed the deal, but bot problems have long plagued Twitter. The trial now hinges on whether Musk owes damages to shareholders.

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