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This Week on Crypto Twitter: Michael Saylor Leaves CEO Role to ‘Focus More on Bitcoin,’ Nomad and Solana Get Hacked – Decrypt

Illustration by Mitchell Preffer for Decrypt After two consecutive weeks of growth, crypto markets cramped up a bit. Even as reports of liquidity troubles appear to have slowed, investors were cautious. This week, Bitcoin-HODLing corporations Block Inc. and MicroStrategy both reported significant impairment charges on their holdings. Block is down $36 million, while MicroStrategy is …

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Elon Musk

Elon Musk Claims Twitter Committed Fraud In $44 Billion Deal Countersuit | Bitcoinist.com

Elon Musk and Twitter are set for another court showdown as the billionaire launches a countersuit against the social media giant, which sued him for canceling the $44 billion contract to acquire the platform. Tesla and SpaceX CEO Elon Musk and his legal counsels are alleging in a recent filing that Twitter hoodwinked them about the …

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Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Centi-billionaire Elon Musk provoked Twitter and challenged the company’s CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion acquisition. Musk filed a bid with the Securities and Exchange to acquire Twitter back in April this year. After the companies agreed to …

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Phil Hughes questions Michael Kay for Joey Gallo ‘bash’ in Twitter spat

Michael Kay didn’t mince words following Joey Gallo’s unceremonious departure from the Bronx — though one former Yankee who came to the struggling outfielder’s defense. Shortly after Tuesday’s MLB trade deadline had passed, Kay denounced Gallo for seemingly playing the victim in his final week as a Yankee. The 28-year-old slugger shed light on the …

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Block Stock Wobbles After Earnings. Why Analysts Are Upbeat.

Text size Former Twitter CEO Jack Dorsey leads Block. Marco Bello/AFP via Getty Images Block’s stock price has wobbled in the wake of the fintech company’s second-quarter earnings, but there remain multiple reasons to be upbeat, according to analysts. Founded and led by former Twitter (ticker: TWTR) CEO Jack Dorsey, shares in Block ( SQ …

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In Court Battle With Twitter, Elon Musk

In Court Battle With Twitter, Elon Musk’s Revelation On Indian Government

Musk said that Twitter should follow the local law in India. (FILE) Washington: Tesla CEO Elon Musk, who is locked in a court battle with Twitter over a failed acquisition bid that Twitter now intends to force through, said that the social media giant jeopardised its third largest market by failing to disclose “risky” litigation …

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New Buyback Tax Will Force Companies to Think Twice on How to Use Cash

In the scrap over how to fund President Joe Biden’s spending plans, the Democrats’ focus has shifted from taxing private funds to public at the last minute. Sen. Kyrsten Sinema (D., Ariz.) backs dropping a proposed tax increase on carried interest income and adding a 1% tax on stock buybacks to the legislation. It means …

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Elon Musk’s countersuit against Twitter says the company is operating a “scheme” to mislead investors

Musk made several claims against Twitter, including about the soundness of its user metrics. He said Twitter is attempting to “distract” from its many “misrepresentations.” Twitter pushed back, saying the billioionaire’s story is “implausible and contrary to fact.” Loading Something is loading. Elon Musk’s confidentially filed 164-page countersuit against Twitter is full of accusations around …

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Twitter calls Elon Musk’s case against $44bn deal ‘implausible’

Twitter has accused Elon Musk of creating a “new set of excuses” to avoid honouring his $44bn agreement to buy the social media company, calling his recently filed objections “implausible and contrary to fact”. After Twitter sued Musk last month to force the deal through, Musk filed a countersuit last week trying to block the …

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Elon Musk’s answer to Twitter lawsuit to be made public by Friday

FOX Business senior correspondent Charlie Gasparino reports hedge funds are betting the Twitter – Musk deal gets done and are buying the stock as the billionaire revamps his strategy. Elon Musk’s response to Twitter’s lawsuit over the billionaire’s attempt to call off his $44 billion takeover of the social media company is coming before the …

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