Nearly 20% of active Twitter accounts likely to be fake or spam

Re:Nearly 20% of active Twitter accounts likely to be fake o... by pavlov on Monday May 16, 2022 @04:10PM (#31402616)

Would they really go to court? That could take years and create a cloud of uncertainty around Twitter — certainly not good for shareholder value.

It's much easier for the board if they settle privately with Musk: "Yeah, pay the breakup fee and we'll forget this ever happened."

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Re:Nearly 20% of active Twitter accounts likely to be fake o... by sangnoir on Monday May 16, 2022 @04:50PM (#31402987)

I read someone else's analysis of the agreement: it bizarrely sets the cap for any damages that can be sued in court to $1B - same as the breakup fee. This obviously gives Elon an incentive to not pay breakup fee, but go to court first instead. At worst, he'd pay a billion, and best, whatever the court says thats less than a billion + legal fees

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