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  • eth = $3 064.75 -74.63 (-2.38 %)

  • ton = $5.36 -0.31 (-5.39 %)

14 Sep, 2022
1 min time to read

On Tuesday, Twitter shareholders voted to approve Elon Musk’s $44 billion bid to buy the company.

The vote comes as Musk seeks to pull out of the deal, as he doubts the validacy of Twitter’s self-reported percentage of fake accounts and alleges the company was not as forthcoming as it should have been with its explanation of the calculation.

Twitter sued Musk for breaching the agreement, with a trial expected to begin in mid-October, while Musk filed a countersuit against the platform.

Musk Sends Second Letter to Terminate Twitter Deal, Twitter Responds
Elon Musk’s lawyers sent a second deal termination letter to Twitter, recent allegations made by a Twitter whistleblower Peiter “Mudge” Zatko.

The judge in the case recently allowed Musk's lawyers to revise their counterclaim against Twitter to include allegations made by a former Twitter security chief who recently filed a whistleblower complaint claiming egregious security failings by the company. The whistleblower, Peiter “Mudge” Zatko, testified before a Senate panel earlier on Tuesday.