Twitter v. Elon brings us a meme-driven lawsuit for the books
https://techcrunch.com/2022/07/12/elon-musk-lawsuit-memes-twitter-acquisition/
When Elon Musk announced his intention to terminate his $44 billion bid for Twitter, the social media company didn’t give up easily. Today, Twitter sued the SpaceX and Tesla CEO for refusing to uphold his contractual obligation to buy the platform. The company’s lawyers claim that Musk’s concerns about Twitter’s bot numbers are illegitimate.
When you agree to buy a slow-growing social media platform for more than it’s worth, there’s no take-backsies, unless the company seriously misrepresented itself. Even though Twitter handed over its “firehose” of internal data, Musk claimed the trove of information wasn’t sufficient. So he extended his ongoing public tantrum over Twitter bots, which culminated in his declaration that the deal was off.