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Musk files for delay in Twitter takeover trial: New evidence from whistleblower

via:新浪科技     time:2022/8/31 8:01:09     readed:295

Sina science and technology news Beijing time August 31 morning news, according to reports, after receiving new evidence provided by the whistleblower, Tesla CEO Elon Musk (Elon Musk) filed court documents, the application of Twitter on his lawsuit to be postponed to November, and modify his indictment of the social media company.

The case stems from Musk walking away from a $44 billion deal to buy Twitter. Twitter deemed Musk in breach of contract and demanded that he go ahead with the acquisition plan. Musk claimed that Twitter failed to provide sufficient information about bot accounts.

The court filing comes on the heels of a letter Mr. Musk's lawyers sent to Twitter earlier on Tuesday listing the whistleblower allegations as another reason to call off the deal.

In July, Musk sent his first cease and desist letter to Twitter, accusing the company of misleading him about fake accounts on its platform.

Now, Musk has opened up a new battleground by saying the problem is not limited to fake accounts, but also includes data security and other issues raised by whistleblowers.

Last week, Twitter's former security chief, Peiter Zatko, said in a complaint to US regulators that the company was focusing on user growth over spam content and lied about having a robust security programme.

Musk and Twitter are suing each other in Delaware state court, with a five-day trial scheduled for October 17.

On Tuesday, Mr. Musk asked the judge to give him until Nov. 10 to continue presenting their cases, followed by a meeting to discuss what evidence could be presented in court. Mr. Musk said the trial could begin later that month, "depending on the court's schedule."

Motions to supplement the indictment were filed confidentially in the Delaware Chancery Court.

Twitter wants the court to order Musk to complete the $54.20 per share deal. Mr. Musk countersued, accusing Twitter of fraud.

Legal experts said the whistleblower's letter brought uncertainty to the case but did not completely reverse Twitter's dominance.

"Musk has not yet used the federal securities fraud charge." "Said Eric Talley, a professor at Columbia Law School.

Meanwhile, Twitter filed Tuesday to dismiss Musk's request to continue adding documents through 2022, dismissing the motion as an "attempt to derail the trial schedule."

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