Twitter freezes employee accounts

The deadline for Musk to buy Twitter is a few days away. Recently, Twitter froze the accounts of its employees' incentives. This latest move indicates that he hopes Musk will successfully complete the transaction. Twitter shares rose 2,05% to close at $51,78 in regular trading today, but that price was still below Musk's $54,2.

Twitter Edit

A judge from Delaware gave Mask the term until October 28 to close the deal. This week, Twitter updated its employee FAQ page. The update reminds employees that they cannot access share accounts through the Equity Award Center, nor can they trade shares. The company also made clear on the page that the Musk-controlled company is expected to complete the acquisition. Earlier, Musk refused and asked to withdraw the agreement. However, Musk changed his mind again earlier this month, saying the deal would be completed on its original terms.

Musk accuses Twitter of selling bot accounts

Twitter and Elon Musk, CEO of Tesla, have been at loggerheads over the past few weeks over the sale of Twitter. After Elon Musk refused to buy the company outright, Musk went to court. Tesla CEO Elon Musk complains that the company asked him for too much information. He claims the company even wants the entire content of the acquisition chat. Additionally, Musk initially accused Twitter of trying to sell bot accounts. According to reports, former security director Petter Zatko said Twitter executives did not have enough resources to fully understand the true number of bot accounts on its platform.

Zatko is a well-known hacker who was named Twitter's chief security officer two years ago. In January, the company announced that Zatko was leaving for unknown reasons. It blames the blue app for serious security vulnerabilities and spam accounts. This ultimately misleads the regulators. However, none of that will matter now, as Elon Musk will now extend the deal.

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Twitter freezes the accounts of employees

The deadline for Musk to acquire Twitter is a few days away. Recently, Twitter froze the accounts of its employees' promotions. This last step shows that he hopes that Musk will successfully complete the transaction. During today's regular trading, Twitter shares rose 2,05% to close at $51,78, but this price was still below Musk's $54,2.

Twitter Edit

Judge from Delaware gave Musk a deadline until October 28 to close the deal. This week, Twitter updated its employee FAQ page. The update reminds employees that they cannot access accounts through the Equity Award Center, nor can they trade shares. The company also made it clear on the expected page that the company controlled by Musk will complete the acquisition. Earlier, Musk refused and asked to withdraw the agreement. However, at the beginning of this month, Musk changed his mind again, saying that the agreement would be completed on initial terms.

Musk accuses Twitter of selling bot accounts

Twitter and Elon Musk, CEO of Tesla, have been arguing over the sale of Twitter for the past few weeks. After Elon Musk refused to buy the company outright, Musk went to court. Tesla CEO Elon Musk complains that the company asked him for too much information. He claims that the company even wants the entire content of the acquisition chat. In addition, at first Musk accused Twitter of trying to sell bot accounts. According to reports, former security director Peter Zatko said that Twitter executives did not have enough resources to fully understand the actual number of bot accounts on its platform.

Zatko is a well-known hacker who was appointed Twitter's security director two years ago. In January, the company announced that Zatko was leaving for unknown reasons. He accuses the application of serious security vulnerabilities and spam accounts. This ultimately misleads the regulators. However, all this will not matter now, since Elon Musk will now extend the agreement.

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