Musk loses Twitter investment fraud case
Elon Musk defrauded Twitter investors when he disparaged the company in 2022 in an effort to buy the social media platform for a lower price than his original $44 billion bid, a jury concluded.
Jurors in federal court in San Francisco found Friday that...
SEC probes Twitter/X over 2018 security lapse
The Securities and Exchange Commission is investigating how Twitter Inc. managed a 2018 security lapse that exposed personal user information before billionaire Elon Musk bought the social media platform last year.
The agency has been scrutinising...
X ordered to pay former Twitter executives' huge legal bill
X Corp., formerly known as Twitter, must pay $1.1 million (R21.25 million) in legal fees racked up by a group of the social-media platform’s former top executives, a judge ruled.
Lawyers for the group — led by ex-Twitter chief...
Ex-Twitter execs want Elon to pay over R20 million more in old legal fees
A group of Twitter Inc.’s former top executives say the struggling social-media platform owes them more than $1.6 million (R28.73 million) for legal fees and they want a judge to force new owner Elon Musk to pay that tab...
Twitter discouraged whistleblower from raising security concerns — Investor lawsuit
Twitter Inc. executives should be held accountable for concealing operational problems at the popular social-media platform and firing a whistleblower who sought to address the issues, according to an investor’s...
Twitter sent questions from US senate over whistleblower's claims
The leaders of the Senate Judiciary Committee sent a detailed list of questions to Twitter Inc. on Monday night, hours before the committee will hear testimony from whistleblower Peiter Zatko, who has accused the company of...
Twitter says it deletes over 1 million bot accounts a day
Twitter has revealed that it removes more than 1 million spam accounts from its platform every day, according to a Reuters report.
The number of spam accounts on the platform — and how Twitter addresses them — has been a point of...
Musk floats idea of paying less for Twitter after spat with CEO over bot numbers
Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn’t be “out of the question.”
Twitter shares fell 8.2% at the close of...
Twitter's new CEO beats Zuckerberg to be youngest in S&P 500 companies
Twitter Inc.’s new Chief Executive Officer Parag Agrawal is now the youngest CEO in the S&P 500, but apparently just barely.
Agrawal, who was appointed Monday to succeed Twitter founder and CEO Jack Dorsey, is 37, the same...