Whistleblower Lays Out Twitter's Data Security Troubles
Former head of Twitter security Peiter Zatko explained the company has previously employed foreign agents.LEARN MORE
A trial is set to begin Oct. 17 that will decide whether the Tesla CEO must follow through with his $44 billion proposal to buy Twitter.
Tesla CEO Elon Musk is scheduled to spend the next few days with lawyers for Twitter, answering questions ahead of an October trial that will determine whether he must carry through with his $44 billion agreement to acquire the social platform after attempting to back out of the deal.
The deposition, planned for Monday, Tuesday and a possible extension on Wednesday, will not be public. As of Sunday evening it was not clear whether Musk will appear in person or by video. The trial is set to begin Oct. 17 in Delaware Chancery Court, where it's scheduled to last just five days.
Musk, the world’s richest man, agreed in April to buy Twitter and take it private, offering $54.20 a share and vowing to loosen the company’s policing of content and to root out fake accounts. Twitter shares closed Friday at $41.58.
Additional reporting by The Associated Press.
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