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Elon Musk under federal investigation over Twitter deal


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Posted

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Elon Musk is under a federal investigation related to his $44 billion takeover deal for Twitter.

The news came from a court filing made public on Thursday about the latest in ongoing legal disputes between the billionaire and the social network.

While the filing said he was under investigation, it did not say what the focus was.

"This game of 'hide the ball' must end," the company said in the court filing.

https://www.bbc.com/news/technology-63254883

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Posted
13 minutes ago, 2baht said:

Will this affect the price of pad thai in Khon Kaen? ????

If it doesn't, it's one of the few things that Musk doesn't influence.  He can send the stock market reeling in whatever direction he wants.  He controls Ukraine's ability to communicate -- he turned it on and then off.   

 

Personally, I think something is seriously wrong when one person controls not only this much wealth and power.   

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Posted
1 hour ago, SunnyinBangrak said:

I wonder would this all result in a fine if he's proven guilty, or can the democrat DOJ really stop Musk from buying the digital town square? 

Well, it's certainly the case that the one person we know who had been trying hardest to stop Elon Musk from buying "the digital town square" is Elon Musk himself. Despite the fact that the case against his reneging is very strong.  It's still not clear whether or not he will go through with it.

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