Twitter

Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped found, according to court documents.

Twitter and Musk are headed for an Oct. 17 trial in Delaware that should determine whether or not Twitter can force the billionaire to go through with the acquisition.

The 24-year-old tennis player’s first post in several days on Twitter comes after the end of the Cincinnati Masters – His stern look and message

Twitter is reported to have suspended the accounts of at least 16 political figures in Serbia, all of them either members of the ruling Serbian Progressive Party or holders of senior state posts.

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings published Tuesday, amid a high-stakes legal battle with Twitter over a $44 billion buyout deal.

The Tesla boss sold some 7.9 million shares between August 5 and 9, according to filings published on the Securities and Exchange Commission's website.

Twitter has said the notion Elon Musk was "hoodwinked" into inking a $44 billion buyout deal defies reason and the facts.
In a filing on Aug.4, Twitter rejected counter claims made by Musk as he fights to walk away from the deal he inked in April to buy the company.

Twitter and Tesla shares have fluctuated after the bid started

Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company.

Musk and Twitter have been bracing for a legal fight since the billionaire said Friday he was backing off of his April agreement to buy the company.

Twitter has reportedly retained lawyers to sue Elon Musk for moving to drop his $44 billion takeover of the company

Courted and then jilted by the world's richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more -- but the company will not emerge unscathed.

The entire saga has left observers baffled by what Wedbush analyst Dan Ives described as "one of the craziest business stories ever."

The entrepreneur Elon Musk announced that he was terminating the deal for the purchase of "Twitter" worth 44 billion dollars, world agencies reported. According to his lawyers, the company did not respond or refused to respond to numerous requests for information about the fake accounts on the network.