
Elon Musk Fails to Appear for Deposition in Ongoing Investor Lawsuit Over Twitter Acquisition
In a significant development within the ongoing legal disputes stemming from Elon Musk's contentious acquisition of Twitter, or X as it is now known, the billionaire entrepreneur did not attend his scheduled deposition on April 6 as part of a lawsuit brought by investors. The lawsuit alleges that Musk misled investors regarding his intentions with the social media platform, contributing to financial losses resulting from his actions surrounding the buyout.
Continue reading
Brookfield’s Strategic Closure of Tech Unit: Implications Following Musk's Twitter Acquisition
In a surprising turn of events, Brookfield Asset Management has decided to close a technology unit that played a pivotal role in supporting Elon Musk's acquisition of Twitter. This decision, announced on February 13, 2025, signals significant shifts within the investment landscape, particularly for technology-focused endeavors amidst changing market conditions.
Continue reading