wp-plugin-hostgator domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114ol-scrapes domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/scienrds/scienceandnerds/wp-includes/functions.php on line 6114Source: https:\/\/www.theverge.com\/2022\/7\/8\/23200961\/elon-musk-files-back-out-twitter-deal-breach-of-contract<\/a> Elon Musk is officially trying to pull out of his $44 billion agreement<\/a> to purchase Twitter. In a filing Friday afternoon<\/a> with the Securities and Exchange Commission, Musk\u2019s team claims he is terminating the deal because Twitter was in \u201cmaterial breach\u201d of their agreement and had made \u201cfalse and misleading\u201d statements during negotiations.<\/p>\n \u201cFor nearly two months, Mr. Musk has sought the data and information necessary to \u2018make an independent assessment of the prevalence of fake or spam accounts on Twitter\u2019s platform,\u2019\u201d Musk\u2019s legal team writes. \u201cTwitter has failed or refused to provide this information.\u201d<\/p>\n Twitter still hopes to close the deal<\/a>, despite Musk\u2019s attempted termination. Twitter board chairman Bret Taylor wrote that the company will \u201cpursue legal action to enforce the merger agreement\u201d and feels \u201cconfident we will prevail\u201d in court.<\/p>\n The Twitter Board is committed to closing the transaction on the price and terms agreed upon with Mr. Musk and plans to pursue legal action to enforce the merger agreement. We are confident we will prevail in the Delaware Court of Chancery.<\/p>\n \u2014 Bret Taylor (@btaylor) July 8, 2022<\/a>\n<\/p><\/blockquote>\n<\/div>\n Musk has been setting the stage<\/a> to abandon the deal since just weeks after he signed the agreement<\/a>, claiming that Twitter released misleading stats about the prevalence of spam bots on its platform. It\u2019s entirely unclear, however, that Musk can legally abandon his agreement simply because he isn\u2019t happy about the presence of spam on Twitter \u2014 something he could have investigated prior to signing the deal.<\/p>\n
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