Amid Elon Musk Deal Fallout, Twitter for Hard Times in India, US, Turkey, Europe
The battle over Twitter’s ownership has reached a US court, but the microblogging site continues to face several international challenges amid the Twitter vs Elon Musk saga.
Twitter filed a lawsuit against Musk in a Delaware court, saying the billionaire tried to “destroy the company, disrupt its operations, destroy shareholder value and walk away” after agreeing to buy the platform.
Musk argued that he had the right to terminate the deal because Twitter did not provide him with enough information about the fake accounts on the site, while Twitter wanted a court order to buy Twitter for the agreed price of $54.20 per part.
As the ownership battle continues, Deepti Sharma, director of ThinkerPlace, told News18, “Twitter has always been an open platform that allows freedom of expression on various topics, issues and trends across the globe. While the ownership of Twitter is debated, I believe the essence of Twitter as a primary “opinion sharing” platform may not change regardless of what the owner does.