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Technology United States: By accepting the purchase of Twitter, Elon Musk puts an end to legal proceedings

18:30  05 october  2022
18:30  05 october  2022 Source:   rfi.fr

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Elon Musk (notre photo) accepte finalement d’acheter Twitter pour mettre fin aux poursuites judiciaires. © AP - Susan Walsh Elon Musk (our photo) finally agrees to buy Twitter to end legal proceedings.

Elon Musk finally agrees to buy Twitter to end legal proceedings. In early July 2022, the Tesla boss had ended the social network buying agreement in the amount of $ 44 billion. The trial, brought by Twitter, to force Elon Musk to honor his promise of buyout, scheduled for October 17, will therefore not take place. Why this turnaround?

For many specialists, Elon Musk saved a defeat, because his chances of winning against Twitter, were very weak. The preliminary hearings of the trial have indeed highlighted the weakness of the argument of the lawyers of Elon Musk. With the risk for the billionaire, to be forced to buy, or to have to pay a colossal fine.

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During these hearings, the judge of the specialized court of Delaware, took the side of Twitter, on several occasions. Because Elon Musk's lawyers have struggled to support the accusations on the number of false accounts open to the social network.

"Armored" contract

The businessman accused Twitter, of having lied about the number of false accounts, among its users. But the two experts hired by the Camp Musk made insufficient conclusions. For his part, Twitter has always recognized that 5% of its users were robots.

Elon Musk will finally become the owner of the social network? The ball is now in the Twitter camp, which will demand, this time, a "armored" contract.

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usr: 1
This is interesting!