Shareholders say yes to Elon Musk’s withdrawn offer, a judge will decide

The battle continues. Twitter shareholders on Tuesday approved the agreement to buy the platform from Elon Musk for $ 44 billion, a commitment to which the multi-billionaire terminated unilaterally, accusing the company of having lied to him. The vote consolidates the social network’s position one month before the lawsuit it launched against the boss of Tesla to force him to honor his commitment. The proceedings, which will be decided by a judge and not a jury, are due to open on October 18. Elon Musk, who had given up carrying out the usual checks, is not the favorite.

Twitter had called its shareholders for a “special meeting” by videoconference, but the context of the vote has changed dramatically since the end of April, when the group’s board of directors and Elon Musk signed a contract to buy Twitter at 54.20. dollars per share.

Since then, the boss of Tesla and SpaceX has multiplied the accusations against his favorite platform, which he once wanted to make a public place essential to democracy. On July 8, he announced that he was abandoning the operation, on the grounds that the San Francisco-based company allegedly lied about the proportion of automated and spam accounts among its users.

Hearing of a whistleblower

Tuesday’s poll came shortly after a US Senate hearing for Peiter Zatko, ex-Twitter security chief turned whistleblower. “Twitter’s management is deceiving elected officials, regulators and even its own board of directors,” said the cybersecurity expert, better known by his pseudonym, Mudge.

As head of security for the platform from his recruitment at the end of 2020 until his dismissal last January, he claims to have discovered serious vulnerabilities and says he tried to alert management, in vain. “They don’t know what data they have, where it is, where it comes from and therefore, obviously, they cannot protect it,” said Peiter Zatko during his opening remarks before the Judiciary Committee.

For his part, Elon Musk tweeted a popcorn-shaped emoji, hinting that he was following the audition with delight. Last week, the court allowed Musk to use the whistleblower’s charges in his legal battle.

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