Involved of Twitter slither more from 11% in The first day of trading After billionaire Elon Musk said he gave up his $44 billion offer for company and social media platform pledged to challenge musk in Court to uphold the agreement.
Twitter is now preparing to sue Musk in Delaware where the company is incorporated. While the outcome is uncertain, both sides are preparing for long court battle.
On Friday, Musk claimed that Twitter did it failed To provide enough information about the number of fake accounts on service it. Twitter rose in Monday’s weekend letter revealed that his “alleged termination is invalid and unlawful” and that the company has continued to file information It is “reasonably requested”.
Tweet said last The month he was making available to musk” fire Khartoum ” of data draft on hundreds of millions of daily tweets.
The company said for Years in regulatory Deposits you think are around 5% of the accounts on The platform is fake. But on On Monday, Musk continued to mock the company, using Twitter, over What is described as a deficiency? of data. In addition, musk also Alleging that Twitter violated the takeover agreement when it fired two senior managers and put it into service off Third of talent acquisition team.
Musk agreed to a $1 billion breakup fee as part of of The acquisition agreement, although it seems that Twitter CEO Parag Agrawal and the company are stable in for Lawful fight to me force reduction.
For Twitter, this fiasco is nightmare Script “Wedbush analyst Dan Ives, who The company follows, he wrote on Monday. . said result will be Mount Everest-like arduous climb for Parag & Co. “Certain Concerns over employee Morale and retention, advertiser concerns and more challenges.
sell-off in Twitter shares Pay share price below $34 on On Monday, far from the $54.20 Musk agreed to pay for company. This indicates that Wall Street has serious doubts that the deal will end forward.
Many experts in legal and business Sectors believes Twitter likely has a stronger case.
morning star analyst Ali Al-Maghraby indicated that Twitter described its estimates of Fake accounts and spam for Years in regulatory Deposits with the express indication that the number may not be accurate due to the extension use of Data samples and their interpretation.
Given current market And the Moroccan said that Twitter maybe also They have a strong argument that layoffs and dismissals of The past Weeks representing a ‘normal cycle’ of business. “
“many technology He said companies are beginning to control costs by cutting staffing and/or delaying adding staff. “Resignations” of Twitter employees can’t with Certainty to be attributed to any change in how Twitter has been working since Musk’s offer was accepted before board and shareholders.”
Tech industry analysts say Musk’s terminator leaves behind a more weak company with Frustrated staff.
“With Musk officially withdrawing from the deal, we believe business Prospects and stock valuation in CFRA analyst Angelo Zino wrote: A precarious situation. (Twitter) will do that now need To go to it as an independent company and compete with Unconfirmed ad marketdamaged employee Al-Qaeda, concerns about the situation of fake accounts/strategy direction. “
ambient uncertainty who will run Moroccan said that Twitter can lead Advertisers are careful to limit their spending on Platform.
But the drama that surrounded the deal, is addedwill also likely to attract new users to the platform and increased participation, especially given the upcoming midterm elections. This could convince advertisers to cut a little less, he said. On the long run he said, “We think Twitter will do it remain one of top five social media platforms for advertisers. “
Involved of Twitter slither more from 11% in The first day of trading After billionaire Elon Musk said he gave up his $44 billion offer for company and social media platform pledged to challenge musk in Court to uphold the agreement.
Twitter is now preparing to sue Musk in Delaware where the company is incorporated. While the outcome is uncertain, both sides are preparing for long court battle.
On Friday, Musk claimed that Twitter did it failed To provide enough information about the number of fake accounts on service it. Twitter rose in Monday’s weekend letter revealed that his “alleged termination is invalid and unlawful” and that the company has continued to file information It is “reasonably requested”.
Tweet said last The month he was making available to musk” fire Khartoum ” of data draft on hundreds of millions of daily tweets.
The company said for Years in regulatory Deposits you think are around 5% of the accounts on The platform is fake. But on On Monday, Musk continued to mock the company, using Twitter, over What is described as a deficiency? of data. In addition, musk also Alleging that Twitter violated the takeover agreement when it fired two senior managers and put it into service off Third of talent acquisition team.
Musk agreed to a $1 billion breakup fee as part of of The acquisition agreement, although it seems that Twitter CEO Parag Agrawal and the company are stable in for Lawful fight to me force reduction.
For Twitter, this fiasco is nightmare Script “Wedbush analyst Dan Ives, who The company follows, he wrote on Monday. . said result will be Mount Everest-like arduous climb for Parag & Co. “Certain Concerns over employee Morale and retention, advertiser concerns and more challenges.
sell-off in Twitter shares Pay share price below $34 on On Monday, far from the $54.20 Musk agreed to pay for company. This indicates that Wall Street has serious doubts that the deal will end forward.
Many experts in legal and business Sectors believes Twitter likely has a stronger case.
morning star analyst Ali Al-Maghraby indicated that Twitter described its estimates of Fake accounts and spam for Years in regulatory Deposits with the express indication that the number may not be accurate due to the extension use of Data samples and their interpretation.
Given current market And the Moroccan said that Twitter maybe also They have a strong argument that layoffs and dismissals of The past Weeks representing a ‘normal cycle’ of business. “
“many technology He said companies are beginning to control costs by cutting staffing and/or delaying adding staff. “Resignations” of Twitter employees can’t with Certainty to be attributed to any change in how Twitter has been working since Musk’s offer was accepted before board and shareholders.”
Tech industry analysts say Musk’s terminator leaves behind a more weak company with Frustrated staff.
“With Musk officially withdrawing from the deal, we believe business Prospects and stock valuation in CFRA analyst Angelo Zino wrote: A precarious situation. (Twitter) will do that now need To go to it as an independent company and compete with Unconfirmed ad marketdamaged employee Al-Qaeda, concerns about the situation of fake accounts/strategy direction. “
ambient uncertainty who will run Moroccan said that Twitter can lead Advertisers are careful to limit their spending on Platform.
But the drama that surrounded the deal, is addedwill also likely to attract new users to the platform and increased participation, especially given the upcoming midterm elections. This could convince advertisers to cut a little less, he said. On the long run he said, “We think Twitter will do it remain one of top five social media platforms for advertisers. “