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Elon Musk under fire from shareholders over Twitter deal

Published

2 years ago

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Elon Musk during SNL appearance

Twitter shareholders are filing a lawsuit against billionaire Elon Musk, alleging he manipulated the company’s stock for personal gain.

The complaints focus on Musk’s conduct after signing the purchase agreement with Twitter’s board in April.

It’s alleged Musk make statements and sent tweets that put the deal in doubt, and drove Twitter’s stocks down.

It comes as the Tesla CEO says the deal “cannot move forward” without more information about automated accounts on the platform.

The lawsuit is a class action proposal brought by a small group of shareholders… they are seeking damages that would be distributed to anyone holding the company’s stock.

Twitter has declined to comment on the unfolding case.

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Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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The art of technical analysis

Published

15 hours ago

on

May 3, 2024

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How can we master the art of technical analysis in the crypto space?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne unpacks technical analysis and how it can up your crypto game.

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Unpacking crypto ‘prop trading’

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15 hours ago

on

May 3, 2024

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What is crypto proprietary trading and how can it benefit you?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne sits down with Growth Partner at Crypto Calls, Jack Birkinshaw to talk all things prop trading.

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Money

Crypto: the benefits of government regulation

Published

15 hours ago

on

May 3, 2024

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How can government regulation lead to greater trust and interest in cryptocurrency?

Bitcoin 101 is an exciting talk show that educates viewers on safe participation in crypto markets, providing timely updates and expert insights for informed decision-making.

Hosted by the Managing Director of Crypto Calls, Cheyne Kupfer.

In this episode, Cheyne discusses the benefit of increasing government regulation in crypto.

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