A US federal jury finds Elon Musk liable on charges of fraud against Twitter shareholders for attempting to cause the social media company’s share price to collapse in order to renegotiate or abandon the $44 billion acquisition planned for 2022. The verdict, issued by a jury in federal court in San Francisco, established that owner Elon Musk is responsible for the collapse of Twitter’s share price when he attempted to acquire the social media platform for $44 billion in 2022.
Jurors ruled in favor of a group of investors who had sued the billionaire, alleging that he had publicly disparaged the company with the aim of driving down Twitter’s stock price and obtaining a better price.
France: deepfake on X to inflate its value, suspicions on Musk
The Paris Prosecutor’s Office reported that it had alerted the US authorities to the suspicion that Elon Musk favored the circulation of deepfakes of a sexual nature on X with the aim of “artificially” increasing the value of the company. According to prosecutors, “the controversy sparked by the sexually explicit deepfakes generated by Grok, X’s AI, may have been deliberately provoked to artificially inflate the value of