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Elon Musk under federal investigation

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2 years ago

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Elon Musk is under a federal investigation relating to his $44 billion takeover deal of Twitter

ELON MUSK SAGA- According to a court filing made public by Twitter, the social media company wants Musk’s attorneys to produce their communications with federal authorities.

Twitter said this they asked months ago but they had not done so yet, so Twitter asked a Delaware judge to order the attorneys to provide the documents.

“Elon Musk is presently under investigation by federal authorities for his conduct in connection with the acquisition of Twitter...

Through counsel, he has exchanged substantive correspondence with those authorities concerning their investigations…

Twitter wants those documents, because they bear upon key issues in this litigation.”

attorneys for Potter Anderson Corroon LLP

In late September, Musk’s attorneys provided a “privilege log” identifying documents to be withheld from discovery.

The court request was filed on the same day the court granted a stay of litigation to allow Twitter and Musk to close the takeover deal.

Twitter’s attorneys insist producing the essential documents would in fact, “create no real burden, because they are a discrete set of easily identifiable materials within the files of the attorneys who wrote, reviewed, or received them.”

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Apple’s iPhone 16 event puts AI back into the spotlight

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9 hours ago

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September 10, 2024

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Elon Musk is projected to become the world’s first trillionaire

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1 day ago

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September 9, 2024

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Brazil bans X in a sign of politics and tech colliding

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1 week ago

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September 2, 2024

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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