Twitter: Elon Musk officially withdraws from the takeover

The story between Twitter and the Tesla boss has made the headlines on tech news sites and even general newspapers in recent weeks. It all started atspring, when the social network and Elon Musk agreed on the purchase of the first by the second for the amount of44 billion dollars. Except that since then, Elon Musk has set several conditions for the operation to take place. In particular, he wanted the platform to get rid of bots.

And it is precisely this point which would have derailed the affair. According to Elon Musk, Twitter has failed to provide sufficient information about the fake accounts that exist en masse on the blue bird platform. However, for the former potential buyer, this is crucial data in evaluating the performance of the target company. Other criticisms are leveled against Twitter by the billionaire's camp, for actions which would also have played a role in the abandonment of the buyout procedure. This concerns in particular the fact that Twitter recently fired very important senior figures for the firm and blocked recruitment at the same time.

On the other hand, Twitter says it wantsfight for the redemption to take place, willingly or by force. The two parties signed an agreement, this must be respected according to the social network, which would be ready to take legal action against Elon Musk to push him to respect his commitments, at all costs.

This is a story that started out funny. And which risks ending in a very bad way...

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By : Keleops AG

Editor-in-chief for iPhon.fr. Pierre is like Indiana Jones, looking for the lost iOS trick. Also a long-time Mac user, Apple devices hold no secrets for him. Contact: pierre[a]iphon.fr.