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Delaware Chancery Court Judge Kathaleen McCormick, who is overseeing the lawsuit between Twitter, Inc.
and Tesla, Inc. CEO Elon Musk on Thursday ruled that the billionaire can amend his countersuit to include the $7.8 million severance payment the social media company paid to whistleblower Peiter Zatko.
This is considered a small victory for Musk, as Twitter went ahead and made the payment on June 28, violating the terms of the contract it signed with Musk regarding his proposed takeover.
As part of the lawsuit to enforce Musk’s $44 billion deal, Twitter has asked him and his lawyers to provide any communication between them and Zatko from Dec. 1, 2021, to Aug. 22, 2022. The judge has made this a precondition for allowing Musk’s request for amending his counterclaim against Twitter.
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The billionaire sent a third notice of termination to Twitter earlier this month, citing the impropriety in Twitter’s payment to Zatko.
Zatko, known as "Mudge" in cybersecurity...
Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has blocked websites linked to the digital asset platform Yepbit following investor complaints about d...