Elon Musk terminates Twitter deal: New details, next steps | LiveNOW from FOX
July 9, 2022
6,247
96
37
2.13%
Search the Record
IndexedEvery word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
Livenow From Fox Episodes Around July 9, 2022
See what was published immediately before and after this episode.
6:49Now PlayingElon Musk terminates Twitter deal: New details, next steps | LiveNOW from FOX
YouTube Description
as posted by the channelElon Musk has informed Twitter that he's terminating a deal to buy the social media giant.
A law firm representing the Tesla CEO sent a letter to Twitter, alleging that it appears "to have made false and misleading representations" when Musk agreed to buy the company on April 25 and has "breached" multiple provisions of the initial agreement.
The announcement from Musk comes after a months long feud over how many spam and fake accounts are on Twitter, and the Tesla CEO requested that Twitter provide details supporting its internal estimate that less than 5% of the platform's accounts are spam or fake.
Twitter board of directors Chairman Bret Taylor responded to the letter, stating that it plans to pursue legal action to enforce the merger agreement between Musk.
"The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery," Taylor said.
Subscribe to LiveNOW from FOX!
Where to watch LiveNOW from FOX
Follow us @LiveNOWFOX on Twitter
Raw and unfiltered. Watch a non-stop stream of breaking news, live events and stories across the nation. Limited commentary. No opinion. Experience LiveNOW from FOX.
Social
Links & Promotions
Guests & Subjects Covered
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.