MRG

Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

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Twitter says Musk’s latest attempt to scrap deal ‘invalid and wrongful’

Register now for FREE unlimited access to Reuters.comRegisterSept 12 (Reuters) – Twitter Inc (TWTR.N) said on Monday payments made to a whistleblower did not breach any terms of its $44 billion buyout by Elon Musk, after the world’s richest man made another attempt to scrap the deal.In a letter to Twitter on Friday, lawyers for …

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Ubisoft CEO says still open to other partners after Tencent deal

Yves Guillemot, CEO of Ubisoft, speaks on stage during the Ubisoft E3 conference at the Orpheum theatre in Los Angeles, California June 15, 2015. REUTERS/Mario AnzuoniRegister now for FREE unlimited access to Reuters.comRegister’We can do whatever we want,’ founder CEO saysUbisoft to create three mobile games with NetflixTencent deal comes on heels of M&A wave …

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Trump media deal suffers blow as SPAC fails to win extension

The Truth social network logo is seen displayed behind a woman holding a smartphone in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 6 (Reuters) – The blank-check acquisition firm that agreed to merge with former U.S. President Donald Trump’s social media company failed on Tuesday to …

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Musk sends fresh letter to scrap Twitter deal after whistleblower claims

Register now for FREE unlimited access to Reuters.comRegisterAug 30 (Reuters) – Elon Musk has sent an additional letter of deal termination to Twitter Inc (TWTR.N) to include a recent whistleblower complaint from former security head of the social media firm as another reason to scrap the $44 billion deal.Last week, Peiter Zatko, a famed hacker …

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Twitter whistleblower could help Musk by adding ‘volatility’ to legal battle

An image of Elon Musk is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration/Register now for FREE unlimited access to Reuters.comRegisterWILMINGTON, Del., Aug 23 (Reuters) – A whistleblower’s complaint that Twitter Inc (TWTR.N) misled federal regulators about the company’s security risks could provide Elon …

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Twitter misled U.S. regulators on hackers, spam, whistleblower says

Aug 23 (Reuters) – Twitter Inc (TWTR.N) misled federal regulators about its defenses against hackers and spam accounts, the social media company’s former security chief Peiter Zatko said in a whistleblower complaint.In an 84-page complaint, Zatko, a famed hacker widely known as “Mudge,” alleged Twitter falsely claimed it had a solid security plan, according to …

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Indian billionaire Adani seeks to control NDTV; media group says move without consent

India’s richest man, Adani, seeks to expand media businessNDTV says Adani unit moved without its consentAdani takeover may not be friendly -legal expertDeal to buy NDTV could heat up competition among billionairesBENGALURU, Aug 23 (Reuters) – Indian billionaire Gautam Adani’s conglomerate on Tuesday said it seeks to control a majority stake in the popular New …

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Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly SongRegister now for FREE unlimited access to Reuters.comRegisterAug 10 (Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to …

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AppLovin offers to buy video game software maker Unity in $17.5 bln deal

People play “Pokemon GO” on the Pokequan GoBoat Adventure Cruise in the Occoquan River in the small town of Occoquan, Virginia, U.S. August 14, 2016. REUTERS/Sait Serkan GurbuzRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) – Gaming software company AppLovin Corp (APP.O) on Tuesday made an offer to buy peer Unity Software Inc …

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