Author: Richard Lawler
Illustration by Kristen Radtke / The Verge; Getty Images
Twitter’s prospective new owner Elon Musk still has some restrictions on his tweets that most of us do not. They’re as a result of a 2018 settlement with the Securities and Exchange Commission (SEC) over his infamous “funding secured” tweet about taking Tesla private. Even considering Musk’s complaints that he was coerced into taking the deal and contempt for the “bastards” at the SEC, earlier today, US District Judge Lewis Liman ruled against Musk, letting the agreement stand as originally written (via Reuters).
One of the things Musk wanted — but didn’t get — was for the court to stop a subpoena from the SEC for information to determine if a tweet last fall with a poll about selling 10 percent of his stock had been vetted first, per...
Continue reading…
Continue reading...
Illustration by Kristen Radtke / The Verge; Getty Images
Twitter’s prospective new owner Elon Musk still has some restrictions on his tweets that most of us do not. They’re as a result of a 2018 settlement with the Securities and Exchange Commission (SEC) over his infamous “funding secured” tweet about taking Tesla private. Even considering Musk’s complaints that he was coerced into taking the deal and contempt for the “bastards” at the SEC, earlier today, US District Judge Lewis Liman ruled against Musk, letting the agreement stand as originally written (via Reuters).
One of the things Musk wanted — but didn’t get — was for the court to stop a subpoena from the SEC for information to determine if a tweet last fall with a poll about selling 10 percent of his stock had been vetted first, per...
Continue reading…
Continue reading...