Twitter takeover: Shareholders say yes to Elon Musk’s withdrawn offer, a judge will decide – 20 Minutes

The battle continues. Twitter shareholders on Tuesday approved the agreement to buy the platform from Elon Musk for $ 44 billion, a commitment to which the multi-billionaire terminated unilaterally, accusing the company of having lied to him. The vote consolidates the social network’s position one month before the lawsuit it launched against the boss of Tesla to force him to honor his commitment. The proceedings, which will be decided by a judge and not a jury, are due to open on October 18. Elon Musk, who had waived the usual checks, is not the favorite. Twitter had called its shareholders for a “special meeting” by videoconference, but the context of the vote has changed dramatically since the end of April, when the board of administration of the group and Elon Musk had signed a contract to buy Twitter at $ 54.20 per share. Since then, the boss of Tesla and SpaceX has multiplied the accusations against his favorite platform, which he wanted to make public for a time essential to democracy. On July 8, he announced that he was abandoning the operation, on the grounds that the San Francisco-based company allegedly lied about the proportion of automated and spam accounts among its users. Hearing of a whistleblowerTuesday’s poll took place shortly after the hearing in the United States Senate of Peiter Zatko, ex-chief of security of Twitter, turned whistleblower. “Twitter’s management is deceiving elected officials, regulators and even its own board of directors,” said the cybersecurity expert, better known by his pseudonym, Mudge. since his recruitment at the end of 2020 until his dismissal last January, he claims to have discovered serious vulnerabilities and says he tried to alert management, in vain. “They don’t know what data they have, where it is, where it comes from and so obviously they can’t protect it,” said Peiter Zatko during his opening remarks before the Judiciary Committee. Meanwhile, Elon Musk tweeted a popcorn emoji, hinting that he was following the audition with delight. Last week, the court allowed Musk to use the whistleblower’s charges in his legal battle.