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Musk says Twitter is accusing him of violating a NDA

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Over the weekend the future buyer of the social platform tweeted: “Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100″

The world’s richest man is set to acquire twitter with a $44 billion deal.

But on Friday, Musk tweeted that his cash deal to take the company private was “temporarily on hold”

This comes as he waits on data regarding fake accounts on the platform.

He says his team will test “a random sample of 100 followers” on Twitter to identify the bots.

Musk added later that he is “still committed to the acquisition”.

But there are rumours he could be seeking to renegotiate the price or even walk away from the takeover altogether.

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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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