Elon Musk lastly defined his infamous “poop emoji” response to a prolonged dialogue of spam bots by Twitter’s CEO — and it was practically as succinct as the unique, scatological tweet.
Musk had tweeted the emoji on Could 16 in response to a prolonged thread by Twitter CEO Parag Agrawal – who defended the corporate’s assertion that pretend accounts comprised lower than 5% of the general consumer pool.
In a brand new tweet Thursday, Musk addressed Twitter’s quotation of the change in its lawsuit demanding that Musk observe via on his $44 billion takeover of the corporate – noting that his use of the off-color emoji signaled his view that Agrawal’s claims “= bs.”
Twitter’s authorized group had introduced the tweet and others as proof that Musk had “violated his obligations” beneath the unique merger deal through which he agreed to purchase the social media firm.
“Since signing the merger settlement, Musk has repeatedly disparaged Twitter and the deal, creating enterprise danger for Twitter and downward strain on its share worth,” Twitter’s attorneys argue within the grievance filed on Tuesday.
Twitter additionally accused Musk of repeated violations of a confidentiality settlement included within the merger deal.
Musk backed out of the deal final week, citing considerations about spam accounts inside its consumer base. His camp argued in a submitting that Twitter had didn’t adjust to repeated requests for info wanted to confirm the quantity.
Whereas the authorized battle in Delaware chancery courtroom remains to be in its early levels, Twitter is broadly seen to have a powerful argument in its bid to power the deal to proceed. The merger settlement with Musk additionally included a $1 billion breakup price that the billionaire is perhaps pressured to pay.
Earlier this week, famous short-seller Hindenburg Analysis revealed it had taken a long position on Twitter. The agency described the lawsuit as a “credible risk to Musk’s empire.”
CNBC’s David Faber took it a step further, arguing in a phase that Musk may ultimately face jail time for backing out of the settlement.