Twitter shareholders approved this Tuesday (15) the purchase of the social media platform by billionaire Elon Musk for US$ 44 billions, a process in which the businessman went back and ended up in the US Courts. According to the company’s statement, 98,6% of the votes were for the completion of the deal.
“Twitter is ready and willing to complete the merger with Mr. Musk’s affiliates immediately, and in any event, no later than 15 September 2022, the second business day following fulfillment of all conditions precedent, which is the schedule required by the merger agreement.”
The entrepreneur wanted proof of the social media platform’s claims that less than 5% of its daily active users are fake or spam accounts. Days later, Twitter went to court to force the billionaire to complete the deal. The trial in the case, which will take place in the US state of Delaware, was scheduled for October.
Recently, Musk sent another statement to Twitter to terminate the agreement, alleging that an alleged damages of $7, 75 million paid to former security chief Peiter Zatko violated a clause in the acquisition agreement.
This Tuesday, Zatko testified to the US Senate, where he claimed that Twitter has serious security and privacy vulnerabilities, including the presence of foreign intelligence agents on its staff.
Zatko argued that there was “at least one agent” from China’s intelligence service. on Twitter’s payroll and that the company deliberately allowed agents from India to join the platform’s staff.
The company denied the allegations, said it took strict measures to protect the security and privacy of users. its users and claimed that its hiring process is “independent from any foreign influence.”
