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News
Nov
1
US publishing mega-merger blocked by federal judge
Posted by on 01 November 2022 06:38 AM
A US federal judge has blocked publishing giant Penguin Random House from acquiring its competitor Simon & Schuster, siding with the US Justice Department which had argued against the mega-merger.
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Oct
24
Tax fraud trial of Trump family business to begin in NY
Posted by on 24 October 2022 08:17 AM
The family business of former US president Donald Trump is facing potential fines of over $1.5 million if found guilty of fraud and tax evasion during a New York trial, which is due to begin today.
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Oct
6
Twitter and Elon Musk to postpone deposition - sources
Posted by on 06 October 2022 05:06 AM
Elon Musk and Twitter Inc agreed to postpone the billionaire's deposition scheduled for today as they try to reach an agreement to end their litigation and close Mr Musk's €44.3bn purchase of the social media company, a source familiar with the litigation said.
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Sep
28
Twitter says allegation by Elon Musk is not backed up
Posted by on 28 September 2022 04:18 AM
Elon Musk's review of Twitter accounts by his advisers did not back up the billionaire's allegation that the number of fake users was "wildly higher" than 5% as he claimed, a Twitter lawyer has told a US judge.
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Sep
28
Twitter says allegation by Elon Musk is not backed up
Posted by on 28 September 2022 04:18 AM
Elon Musk's review of Twitter accounts by his advisers did not back up the billionaire's allegation that the number of fake users was "wildly higher" than 5% as he claimed, a Twitter lawyer has told a US judge.
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Sep
14
'Twitter ignored security concerns' - whistleblower
Posted by on 14 September 2022 04:44 AM
Twitter whistleblower Peiter Zatko has told the US Congress that the platform ignored his security concerns, in testimony that came as company shareholders greenlit Elon Musk's $44 billion takeover deal.
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