Twitter Violates TOU – Gets Permanently Suspended

Twitter’s account with Elon Musk gets permanently suspended for repeatedly posting misinformation.

“Tesla Chief Executive Officer Elon Musk said on Friday he was terminating his $44 billion deal for Twitter, saying that the social media company had failed to provide information about fake accounts on the platform.

Shares of Twitter fell 6% in extended trading to $34.58.

The stock had zoomed to $51.70 when Musk made his $54.20 offer to buy the social media giant on April 25.

In a filing, Musk’s lawyers said Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform, which is fundamental to the company’s business performance.

The Friday filing claimed that “Twitter is in material breach of multiple provisions” of the buyout deal,” and that the company “appears to have made false and misleading representations upon which Mr. Musk relied when entering into the Merger Agreement.”

Elon Musk terminates $44 billion Twitter deal

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5 Responses to Twitter Violates TOU – Gets Permanently Suspended

  1. rah says:

    I would not be surprised if Musk gets screwed on this one. Twitter, like pretty much all of tech, is desperate for cash right now and they aren’t going to let it go and will try to force Musk to go with the deal or pay the 1 Billion dollar penalty for backing out.

    And with the courts dominated by leftists…………..well.

  2. rah says:

    I should expound on that. From what I’m reading most of Tech is having capitol and liquidity problems and it is only expected to get worse according to the projections I have seen.

    I believe that this is why Twitter is now desperate for Musk’s money even though they were dead set against the takeover before.

    • Gamecock says:

      I heard somewhere that Twitter stock P/E is on the order of 160 [153.38]. There is no there there.

      Rush Limbaugh theorized the Twitter Universe, that cash strapped legacy media, having their advertising lunch money taken by the internet, looked to Twitter for guidance. Looking at Twitter is way cheaper than sending out reporters.

      Twitter guidance is dysfunctional Leftard idiocy, which they mistook for reality. It is minoritarianism incarnate. So they give us Defund the Police, “If you don’t go see this movie, a trans will be murdered,” men in women’s sports, etc. Reminiscent of old random reinforcement psychology studies.

      So if Twitter is somehow transformed in the Musk episode, what will happen to the legacy media without their source of free material?

  3. Rockwood says:

    Is this significant? Did Elon play his cards right?Was he trying to expose the truth about Social Media. I suppose he can lure the world to his global network flying above us… wouldn’t you like to read his mind.

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