The Morning After: Twitter says it will close deal with Elon Musk, again

Twitter has agreed – once again – to Elon Musk’s proposal to buy the company for $54.20 per share. In a statement, Twitter confirmed that it had received Musk’s letter that “the company’s intention is to complete the transaction at $54.20 per share.” The agreement follows months of legal drama after Musk attempted to back out of his original agreement to buy the company for $44 billion this spring.

The two sides were due to appear in court later this month. But Musk abruptly reversed course on Tuesday, telling Twitter he would proceed with the original terms of the deal. In the letter filed with the SEC, Musk’s attorneys say they will proceed with the agreement reached in April if the Delaware Chancery Court adjourns “the trial and all other proceedings related” to the ongoing court proceeding.

It’s not yet clear when the acquisition might actually close. Twitter shareholders have already voted to approve the deal, but both sides must now await a response from the Delaware Chancery Court. The next question: What is Musk doing with Twitter?

– Mat Smith

The Biggest Stories You May Have Missed

We stood in line behind tens of thousands of other people.

surveillance 2The Early Access launch of was impacted by a massive DDoS attack that prevented players from getting into the game. Many players, including myself, got stuck on the connect screen and were put in a queue behind tens of thousands of other players also trying to get in. When the countdown ended, I was booted from the server. Apparently I wasn’t the only one. Blizzard President Mike Ybarra tweeted that the game is experiencing “a mass DDoS attack” on its servers causing drop and connection issues.

Continue reading.

But without Leica branding.

TMA

Engadget

Xiaomi’s 12T Pro uses Samsung’s ISOCELL HP1 sensor to capture epic 200MP stills. The HP1 features 2x in-sensor zoom, 4-in-1 pixel binning to mimic larger pixel sites for better sensitivity, and 16-in-1 super pixel binning to simulate even larger pixel sites for dark environments. If you capture 200-megapixel images, you can let the AI-powered Xiaomi ProCut tool analyze those captures and suggest ideal compositions. Strangely, there’s no Leica branding here. Engadget reached out to Xiaomi on the matter, and a representative replied, “While Leica is a partner in our strategic image upgrade, it won’t necessarily contribute to every device.”

Continue reading.

A man was arrested for a Facebook page that parodied his local police department.

Satire and comedy news site The onion filed an amicus brief with the Supreme Court in support of Anthony Novak, who was arrested and jailed for four days after briefly running a Facebook page in 2016 that parodied the Parma, Ohio Police Department. The Parma Police Department at the time claimed that it was confusing his posts with genuine law enforcement information. Novak filed a civil lawsuit against the city of Parma and the officers who arrested him, arguing that his constitutional rights were being violated. After federal appeals, he eventually took the fight to the Supreme Court.

Continue reading.

And several new Witcher games.

TMA

CDPR

The game developer has shared a long-term roadmap detailing its plans for its major gaming franchises. A project codenamed Orion is effectively a sequel to Cyberpunk 2077 to “further develop” the potential of the sci-fi franchise. We’ve already heard about a new Unreal Engine 5-based The Witcher Game in progress, but it’s just the beginning of a new trilogy. We might not have to wait long for the story to end either. CDPR hopes to release all three games within six years, with the first (codenamed Polaris) serving as the technological foundation for the remaining two.

Continue reading.

Is it time for an upgrade?

James Trew’s mission for a mouse had several requirements. At the top of the list: ergonomics. The Magic Mouse is… good, but a little reserved for its palm style. Given that a gross repetitive strain injury (RSI) was exclusively in his mouse arm, this was crucial. As well as a reasonable level of configurability. So of course he tested 11 mice.

Continue reading.

All products recommended by Engadget are selected by our editorial team, independently of our parent company. Some of our stories contain affiliate links. If you buy something through one of these links, we may receive an affiliate commission. All prices are correct at time of publication.

https://www.engadget.com/the-morning-after-twitter-says-it-will-close-deal-with-elon-musk-again-111501200.html?src=rss The Morning After: Twitter says it will close deal with Elon Musk, again

Russell Falcon

USTimesPost.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@ustimespost.com. The content will be deleted within 24 hours.

Related Articles

Back to top button