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CEO Elon Musk has thrown more serious allegations at Twitter Inc , potentially dragging a legal battle between the two parties over the billionaire entrepreneur's attempt to back out of a $44-billion deal for the social media firm.
What Happened: Musk amended his earlier counter lawsuit against Twitter with allegations made by the company's former head of security, who turned whistleblower and recently testified to Congress, as per a Thursday court filing, Reuters reported.
He also alleged that Twitter concealed its non-compliance with a 2011 agreement with the Federal Trade Commission regarding user data, according to the report.
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"Needless to say, the newest revelations make undeniably clear that the Musk Parties have the full right to walk away from the Merger Agreement," the amended filing read, as per Reuters.
Why It's Important: Twitter whistleblower Peiter "Mudge" Zeitko on Wednesday said before the Senate that during his last week at Twitter, the Federal Bureau of...
Congress leaders Harshwardhan Sapkal and Nana Patole, Nationalist Congress Party (SP) legislator Rohit Pawar, and Shiv Sena (Uddhav Balasaheb Thackeray) leader Priyanka Chaturvedi said PM Modi's sp...