The social media network sued Musk hours after he told them that he wanted to end the deal. It goes like this: Musk backed out of the deal because he was betrayed by the company. It would make for a great internet drama. There is a rumor going around that Musk's account has been suspended after a spoof account called "Highyield Harry" shared a picture of Musk's account being shut down. The user handle looks similar to the account that wreaks havoc online. If you click on the Musk account, you will be taken to a suspended account's page. The tech billionaire's real account was still active and was quickly figured out. The other one was not real. The fake account reads "@eionmusk" if you can't see the difference. The culprit capitalized the "i." It looks like Musk's account.
The Truth Behind the Suspended Musk Account on Twitter
The account was suspended for being impersonated and pointed us to its misleading and deceptive identity policy.
The link to "@eionmusk" was not taken into account by the social media network. 6:30 a.m. There wasn't a label indicating it was misinformation on the internet on Monday. It's been liked 135,000 times and has been liked more than 18,700 times.
In response to Gizmodo's inquiry on whether it would act on the message from Highyield Harry, the company said it doesn't take action on content that includes references or links to impersonated accounts.
The realelonmusk is doing what he does best: sharing meme and laughing. In the early hours of Monday, Musk posted a meme of himself saying that he would have to reveal information about the number of bots on his platform in court.
One of the reasons for backing out of the deal was the company's refusal to give him all the information he wanted on the matter. Musk had doubts about the number of fake and fraudulent accounts on the platform.
According to Musk's lawyers, preliminary analysis by Mr. Musk's advisors shows that the proportion of false and fake accounts included in the monthly active user count is much higher.
Musk can't back away from the agreement The board chairman of the company promised legal action in response to Musk.
The board intends to pursue legal action to enforce the merger agreement, and is committed to closing the transaction on the price and terms agreed upon with Mr. Musk. The Delaware Court of Chancery is where we are confident we will win.
The law firm Wachtell, Lipton, Rosen & Katz, as well as the founding partner of the firm, was hired by the company to represent it in its lawsuit against Musk. The shareholder rights plan was created by Martin Lipton in 1983 to fight hostile takeovers. The poison pill that was used to stop Musk's bid will be remembered bylookers.
The billionaire is said to have retained the same people who defended him after he called a cave explorer a pedo.
According to Jesse Fried, a Harvard Law School professor, Musk probably tried to lower the price by walking away from the deal.
It's possible that the price of the litigation will be lowered. The professor said it was likely Musk's game plan.
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