Elon Musk suffered a defeat in the first legal square-off between the world’s richest man and Twitter. Kathaleen McCormick, the chancellor of the Court of Chancery in Delaware who presided over the hearing, ordered that a 5-day trial take place in October 2022. The date is about a month later than the September 2022 expedited…
Judge Sets Trial Date for Elon Musk Legal Battle With Twitter
Twitter, Musk Square Off in Court Over Bid for Fast-Track Trial
WILMINGTON, Del.—Twitter Inc.’s showdown with Elon Musk over his $44 billion takeover faces its first test on Tuesday, when a judge will weigh the company’s bid for a fast-tracked trial which it says it needs to ensure deal financing doesn’t come unraveled. The San Francisco-based company is seeking to resolve months of uncertainty for its…
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Russia Fines Google $370 Million for Repeated Content Violations: Regulator
MOSCOW—Alphabet’s Google was fined 21.1 billion rubles ($373 million) on Monday by a Moscow court for a repeated failure to remove content Russia deems illegal, such as “fake news” about the conflict in Ukraine, Russia’s communications regulator said. Moscow has long objected to foreign tech platforms’ distribution of content that falls foul of its restrictions….
Twitter Claims Elon Musk’s Case for Delaying Trial ‘Fails at Every Level’
In the latest episode of the Elon Musk Twitter saga, Twitter has pushed back on the electric car head’s request for a trial held in February 2023, claiming the billionaire’s request “fails at every level,” according to a Monday court filing. “Musk offers no reason to think discovery must be so expansive that a trial…
Can You Guess Which City Is the Year’s Top Tech Talent Market?
To the surprise of perhaps no one, the San Francisco Bay Area was named the leading labor market for the U.S.-Canadian technology workforce in the Scoring Tech Talent 2022 report published by CBRE Group Inc.. What Happened CBRE used 13 metrics to measure each market’s depth and scope, with labor costs weighted more heavily than office…
Pegasus Phone Spyware Used to Target 30 Thai Activists, Cyber Watchdogs Say
At least 30 political activists in Thailand have been hacked using Israeli surveillance spyware Pegasus, according to a joint investigation by human rights and cyber monitoring groups, which suspect the attacks were launched locally. The probe by Thai human rights group iLaw, Southeast Asian internet watchdog Digital Reach and Toronto-based Citizen Lab, followed a mass…
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Musk Fires Back at Twitter’s ‘Warp Speed’ Trial Request
Elon Musk has fired back at Twitter’s request for an expedited trial in a lawsuit that seeks to force the Tesla CEO to follow through with his bid to buy the social media giant for $44 billion. The tech billionaire’s legal team alleged in a July 15 filing (pdf) in a Delaware court that Twitter…
Alibaba Shares Post Worst Drop in a Month After China Data Probe Report
SHANGHAI—Shares in Alibaba Group fell the most in a month on Friday, after the Wall Street Journal reported that the Chinese tech giant’s cloud division has been summoned by Shanghai authorities in connection with a theft of police data. An anonymous hacker had earlier this month claimed to have obtained personal information of more than…
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