Analysts say the picture isn't necessarily rosy for big tech giants
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Fintech Files rounds up what's going on in fintech and crypto this week
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Parag Agrawal and Ned Segal are out as takeover begins
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Twitter told employees in an internal message that they would hear directly from Musk on 28 October
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Meme stocks are still over-valued, claims this short seller
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Twitter shares, halted for much of 4 October, closed up 22% at $52, bringing them closer to the deal price of $54.20 that Musk agreed to pay in April
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Allegations by the platform’s former head of security may open new legal pathways in Musk’s effort to abandon a takeover
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Subpoena is first sign that the social media firm’s co-founder will be an official part of the legal fight over Tesla CEO’s $44bn takeover deal
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At least a dozen banks sent subpoenas seeking information on equity and debt financing and communications around the takeover
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Legal experts say reference to UK rules could portend trouble for Twitter
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Twitter said it has 'bent over backwards' to provide Musk with the information he has requested and is suing Musk to enforce consummation of the merger
In trying to terminate his $44bn takeover deal, Tesla boss sets stage for what could become one of the oddest courtroom battles in corporate-takeover history
Musk told Twitter staff: 'Right now, costs exceed revenue. That’s not a great situation.'
Billionaire also likely to clarify remarks on remote work and strategy at virtual meeting with social media platform’s employees
Twitter chief executive Parag Agrawal announced the meeting in an email to staffers on 13 June
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Musk said Twitter has refused to provide the data necessary to facilitate his own evaluation of the number of spam and fake accounts on the social media platform
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Musk’s sudden escalation of the bot issue raised suspicions that he is using it as a negotiating tactic to lower the offer price for Twitter amid the swooning market, or exit the takeover deal
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Electric-car maker’s stock has tumbled around 30% since billionaire disclosed his stake in social-media company
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In a 17 May Tweet, the Tesla chief executive said that Twitter’s CEO ‘publicly refused to show proof of <5%’
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