Re:Twitter Deal Temporarily on Hold
by XorNot on Friday May 13, 2022 @07:34AM
(#31366096)
Unless the contract had a clause requiring this to be demonstrated if requested. In which case it's a good way to get out of it at to he last moment: activate the clause and put Twitter in trouble if they disprove their own statements.
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Re:Twitter Deal Temporarily on Hold
by that_guy_iain on Friday May 13, 2022 @04:37PM
(#31372296)
Noob question, but wouldn't it be fraud if the number is higher than they're saying?
No. It would only be fraud if they knew the methodology was likely to be extremely flawed and there are receipts with executives saying “let’s choose this because of X nefarious reason.”
Twitter being wrong about the number, or using a methodology Elon doesn’t like, isn’t enough.
The contract explicitly states the number could be much higher than their estimate, so although IANAL, I doubt it.
Re:Twitter Deal Temporarily on Hold
by that_guy_iain on Saturday May 14, 2022 @10:37AM
(#31378350)
Fraud isn't about the contract, it's about if someone lies to obtain money. Saying the stats are x when they're y because x sounds better seems like standard fraud to me.