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The Latest Breaking News from Kathaleen McCormick

Judge halts Twitter-Musk case, sets Oct. 28 deadline to close deal

New York (AFP) - A US judge on Thursday suspended litigation in the saga over Elon Musk's proposed $44-billion takeover of Twitter, giving the parties until October 28 to finalize the on-again, off-again megadeal.

AFP

Twitter v Elon Musk: what happens next in the takeover saga?

The Delaware trial that the social media firm brought is still due to proceed despite Musk’s latest U-turn

The Guardian - UK

Twitter v Musk trial still on as neither side requested a pause, judge says

Billionaire offered to complete his proposed $44bn buyout of Twitter in a dramatic U-turn on decision to withdraw from deal

The Guardian - US

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Judge says Twitter-Musk trial still on track

San Francisco (AFP) - The judge presiding over Twitter's legal battle to hold Elon Musk to his $44-billion buyout deal said Wednesday the case was still on course for trial -- despite the billionaire's apparent U-turn.

AFP

Elon Musk May Have Deleted Messages Related To Twitter, Trial Must Move Ahead: Judge

Despite news that Elon Musk again submitted a bid to acquire social media platform Twitter Inc (NYSE: TWTR), a trial between the Tesla Inc (NASDAQ: TSLA) CEO and the acquisition target is still on.

Benzinga

Elon Musk deposition in Twitter fight rescheduled for first week of October

Musk to be questioned under oath by Twitter lawyers on 6 and 7 October in preparation for five-day trial over abandoned $44bn takeover

The Guardian - US

Elon Musk’s Twitter Deposition Rescheduled for Oct. 6-7

Elon Musk is scheduled to be questioned under oath by Twitter Inc lawyers on Oct. 6-7 as the social media company prepares for a trial next month over the billionaire' s bid to walk away from a $44 billion takeover, according to a Tuesday court filing. Musk's deposition was originally…

Asharq Al-Awsat

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Twitter Bid: Elon Musk Is Scheduled to Be Grilled

The CEO of Tesla is being sued after abruptly withdrawing his offer to acquire Twitter for $44 billion.

The Street

Twitter Shareholders Approve $44 Billion Musk Acquisition

Move comes as outspoken Tesla CEO continues to fight to get out of the deal over spam and fake accounts.

The Street

Did Vladimir Putin Play a Role in Musk's Twitter Withdrawal?

The world's richest man is embroiled in a legal battle as he tries to walk away from a deal to buy microblogging website Twitter.

The Street

Elon Musk fails in bid to delay trial over terminated Twitter deal

Case will go ahead next month but his countersuit can be expanded to include whistleblower’s allegations

The Guardian - UK

Twitter Stock Jumps After Judge Denies Musk's Request To Delay Trial: What You Need To Know

Twitter Inc (NYSE: TWTR) shares traded higher Wednesday after a court denied Elon Musk's request to delay the trial in the social media platform's lawsuit against the Tesla Inc (NASDAQ: TSLA

Benzinga

US judge lets Musk amend Twitter claims, rejects delaying case

New York (AFP) - A US judge permitted Elon Musk to amend his complaint against Twitter on Wednesday, but rejected delaying the lawsuit over the disintegration of the billionaire's deal to acquire the social media company.

AFP

Elon Musk Wins Request to Add Whistleblower Complaint To Twitter Case, But Is Denied Trial Delay

Chancellor Kathaleen McCormick said Elon Musk can add Whistleblower complaints to his Twitter counter-suit, but must be prepared for an October 17 trial.

The Street

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Benzinga

How Will TWTR's Price React To Court Saga?

Twitter Inc. (NYSE: TWTR) is on track to closing August on the red as billionaire Elon Musk finds new reasons to back out of his $44 billion deal to take over the social media company.

Benzinga

Benzinga Before The Bell: Elon Musk's Demand For Broad Twitter Data Dismissed, Xiaomi Wants To Join EV Race, Bed Bath & Beyond Plans To Share Turnaround Strategy Next Week And Other Top Financial Stories Friday, August 26

CNBC The Aviation Sector Is Slammed By Sky-High Rents

Asharq Al-Awsat

Twitter Ordered to Give Musk Additional Bot Account Data

A US judge told Twitter on Thursday to surrender more data to Elon Musk on fake accounts, a key issue the billionaire is using to try to cancel his buyout bid. While Judge Kathaleen McCormick allowed the Tesla boss's team an opening to bolster its argument that Musk was misled,…

AFP

Twitter ordered to give Musk additional bot account data

Washington (AFP) - A US judge told Twitter on Thursday to surrender more data to Elon Musk on fake accounts, a key issue the billionaire is using to try to cancel his buyout bid.

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The Street

Twitter Bid: Elon Musk Has a New Magic Trick

Billionaire wants to convince a Delaware court he was right to withdraw his $44 billion bid for the microblogging website.

The Street

Stocks Mixed, Walmart, Home Depot, Housing Starts and Elon Musk In Focus - Five Things To Know

Stock futures mixed with retail earnings in focus; Walmart shares gain on Paramount streaming deal ahead of Q2 profits; Home Depot shares active ahead of Q2 earnings, new Saudi investment; Housing starts set to show decline in single-family builds and Elon Musk gets partial win in latest Twitter takeover skirmish.

Evening Standard

Elon Musk countersues Twitter in bid to walk away from $44bn takeover deal

Elon Musk has countersued Twitter on Friday in an escalation of his legal fight against the company in a bid to walk away from the $44bn (£36.1bn) deal.

The Street

Elon Musk Has a Very Important Appointment on October 3

Tesla's billionaire CEO is currently fighting several legal battles.

Benzinga

Benzinga Before The Bell: Jury Finds Tesla 1% Negligent In Model S Crash, Bitcoin Sees $148M Liquidations, Amazon-Backed Zoox Robotaxi Set For Debut And Other Top Financial Stories Wednesday, July 20

CNBC

Financial Times

Judge grants Twitter fast-track trial to decide fate of $44bn Musk deal

Social media platform wins early victory in fight to force billionaire to complete acquisition

Input

Twitter wins bid for expedited Musk trial, to begin in October

Musk's lawyers argued for the trial to begin in February 2023, but their reasoning was very meh.

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