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TWITTER'S legal team has released a 127-page, nearly line-by-line refutation of Elon Musk's claim he was under-informed and misled at the time of the acquisition.

Musk and Twitter will showdown in court on October 17 - until then, both sides vie for control of the public narrative.

2Elon Musk made his bid to buy Twitter for $44billion in April and announced his intention to back out in JulyCredit: Reuters 2Twitter intends to hold Musk to the agreement as the sale price is very generous to the shareholdersCredit: Getty Images - Getty

Twitter's latest court filings open with a stinging introduction of Musk as the villain of this acquisition fiasco.

"According to Musk, he - the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers - was hoodwinked by Twitter into signing a $44 billion merger agreement."

"That story is as implausible and contrary to fact as it sounds."

Musk's offer to buy the company in April was completely unsolicited and he waived his right to due diligence.

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At the time of purchase, Twitter was a publicly traded company but few imagined one person would buy the lot and take it private.

Musk has backed himself further into a corner by using bots as his keystone argument.

He once pledged to "defeat the spam bots or die trying!" in a tweet.

Musk may struggle to convince the judge that he meant he could fix a Twitter where 5% of users are spambots, but not more.

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Relatedly, Twitter continues to push up against the notion that the company misled Musk and his team about the volume of bot accounts.

"Twitter further states that it has not “represented” that false or spam accounts comprise less than 5% of mDAU (but rather that it estimates as much)" Twitter lawyers write in the new filings.

"Twitter deploys spam-detection capabilities that typically remove more than one million spam accounts each day during or shortly after creation," the filings continue.

It's impossible to ignore the fact that Musk's personal wealth has dipped both as a product of uncontrollable economic forces and blowback from his very public feud with Twitter.

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Twitter filings do lightly touch on the idea that the stock market and Musk's personal wealth are down and that dip has soured the billionaire's drive to spend $44billion on the acquisition.

Executives at Twitter certainly hope that Musk will have a difficult time making it look like the company twisted his arm or tricked him.

News Source: the-sun.com

Tags: twitter twitter personal wealth musk’s personal elon musk’s personal the acquisition the billionaire at the time spam accounts the company

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Projected College Football Playoff rankings after Michigan downs Ohio State

Michigan’s emphatic victory over Ohio State will shake up the College Football Playoff rankings and put the Wolverines in line for some first-place votes.

Ohio State was a sizable favorite over Michigan despite sitting just one place ahead of them in the College Football Playoff rankings. The Wolverines proved it was a mistake to doubt them by wallopping their rivals.

Now, it’s Michigan who controls the Big Ten title race. They’ll face the winner of the Big Ten West in the conference championship game with the expectation of clinching a place in the College Football Playoff.

It’s not just a question of a Top 4 place anymore either. That 45-23 victory over Ohio State could give more than few voters an argument to put the Wolverines ahead of the Georgia Bulldogs.

Projected College Football Playoff rankings after Michigan downs Ohio State
  • Georgia (beat Georgia Tech, 37-14)
  • Michigan (beat Ohio State, 45-23)
  • TCU (plays Iowa State)
  • USC (plays Notre Dame)
  • LSU (plays Texas A&M)
  • Ohio State (lost to Michigan, 45-23)
  • Alabama (plays Auburn)
  • Oregon (plays Oregon State)
  • Tennessee (plays Vanderbilt)
  • Penn State (plays Michigan State)
  • For now, we’re going to assume Georgia will stay at No. 1. They started slowly against Georgia State but ultimately pulled away for a comfortable win.

    Michigan will move up to No. 2 with quite the gap ahead of TCU at No. 3.

    A tighter battle between the Buckeyes and Wolverines might have opened the door for a double-dose of Big Ten in the Top 5. However, a dominant showing in the second half by Michigan will do the likes of USC and LSU a favor.

    USC and LSU are big winners of Michigan’s victory over Ohio State

    The No. 4 spot will be up for grabs between the Trojans and Tigers. LSU opened the weekend ranked ahead of USC on the strength of impressive wins over Alabama and Ole Miss. Their game against Texas A&M won’t exactly give them the chance to show off while that Ole Miss win looks less stellar given the Rebels loss to Mississippi State.

    Meanwhile, USC has a chance to impress against Notre Dame at the Coliseum. A win may indeed put them over the Tigers come Tuesday.

    As for Ohio State, there actually isn’t that much room to fall. They’ll likely land right in front of two-loss Alabama at No. 6. However, with no conference title game appearance on tap, their College Football Playoff hopes are done unless TCU, USC and LSU stumble.

    Next: 3 quarterbacks who have tanked their 2023 NFL Draft stock

    For more College Football news, analysis, opinion and unique coverage by FanSided, including Heisman Trophy and College Football Playoff rankings, be sure to bookmark these pages.

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