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Former Twitter CEO sues Elon Musk
TechCrunch
ยท
1y ago
Medial
Elon Musk is facing a lawsuit from four former Twitter executives, including ex-CEO Parag Agrawal, who claim they are owed over $128 million in severance payments. The executives state that Musk has a vendetta against them due to their efforts to hold him accountable to a $44 billion commitment. Musk has previously ridiculed and targeted one of the executives, Vijaya Gadde, leading to racial online attacks against her. This lawsuit is not the first time Musk has faced legal action from former Twitter employees awaiting severance pay. The lawsuit alleges that Musk employs delay tactics to avoid paying what he owes.
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US judge allows dismissed Twitter execs, including ex-CEO Parag Agrawal, to sue Elon Musk for severance
Livemint
ยท
8m ago
Medial
California district court judge has allowed former Twitter executives, including ex-CEO Parag Agrawal, to pursue lawsuits against Elon Musk for severance pay. The executives claim that Musk terminated their roles with Twitter during his acquisition in order to cheat them of their severance benefits. Musk and his company X are facing multiple legal claims over severance pay disputes after acquiring Twitter and subsequently firing numerous staff members.
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Former Twitter CEO Parag Agrawal, 3 other employees are suing Elon Musk
Livemint
ยท
1y ago
Medial
Former Twitter CEO Parag Agarwal and three other ex-executives have sued current CEO Elon Musk for $128 million in unpaid severance payments. The lawsuit claims that Musk has shown "special ire" towards them by refusing to pay their severance after he took over Twitter in 2022. Agarwal's lawyers also accused Musk of not paying bills and disregarding rules. Agarwal was entitled to a $60 million payment in the event of involuntary termination, while the other executives were also eligible for substantial sums. Previously, Agarwal and other former employees won a ruling that ordered Twitter to pay $1.1 million in legal fees.
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Twitter founder Jack Dorsey expresses support for Elon Musk, says โI love Teslaโ
Economic Times
ยท
3m ago
Medial
Former Twitter CEO Jack Dorsey expressed admiration for Tesla, responding to a Tesla post with "i love tesla." Tesla CEO Elon Musk, who acquired Twitter and rebranded it as X, replied with heart emojis. Despite previous criticism towards Musk's leadership post-acquisition, Dorsey recently praised Musk's commitment to free speech and the move to take Twitter private. Meanwhile, Tesla faces increased vandalism, with Musk accusing left-wing organizations of organizing these attacks.
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Elon Musk's cousin was once found 'basically sobbing' in Twitter HQ over fears he'd be fired, author says
Business Insider
ยท
1y ago
Medial
Elon Musk's cousin, James Musk, was allegedly found in tears at Twitter's headquarters, fearing that he would be fired, according to author Ben Mezrich's new book "Breaking Twitter". Mezrich reveals that a former Twitter executive stumbled upon James Musk in a soundproof phone booth, describing him as overwhelmed and terrified of his own cousin. James Musk was brought into Twitter after Elon Musk acquired the company, and he was known for assisting Elon Musk with various tasks. Representatives for James Musk and Elon Musk have not commented on the matter.
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Former Twitter execs say Elon Musk still owes them $128 million in severance
Business Insider
ยท
1y ago
Medial
Four former Twitter executives, including former CEO Parag Agrawal, are suing Elon Musk for $128 million in unpaid severance. The executives were fired following Musk's takeover of Twitter in 2022. According to the lawsuit, Musk said he fired them for cause and thus did not owe them severance. The dispute has been ongoing for over a year. This is not the first severance-related lawsuit Musk and his companies have faced, including a proposed class action suit for unpaid severance of $500 million.
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US sues Elon Musk for allegedly failing to disclose early Twitter stock purchase
Inshorts
ยท
6m ago
Medial
The US Securities and Exchange Commission has sued Elon Musk for allegedly failing to disclose his ownership of Twitter stock and later acquiring shares in the company at artificially low prices. The lawsuit seeks to force Musk to pay civil fine and disgorge profits he didn't deserve. Musk purchased Twitter for $44 billion in October 2022, and renamed it X.
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Twitter employees monitored Elon Musk's jet-tracking account to see when he'd be in the office
Business Insider
ยท
1y ago
Medial
Twitter staff reportedly started following a social media account that tracks Elon Musk's private jet movements. The account, @Elonjet, run by a college student named Jack Sweeney, was monitored by Twitter employees to determine if Musk would be present at their office. Musk frequently flew between Twitter's headquarters in San Francisco and his other ventures in Texas. Musk complained to former Twitter CEO Parag Agrawal about the account and even bought shares of the company after Agrawal refused to ban it. Sweeney declined Musk's offer of $5,000 to take down the profile, and Musk later temporarily banned him from Twitter.
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How Parag Agrawal and handle tracking Musk's private jet led to Twitter takeover
Livemint
ยท
1y ago
Medial
Former Twitter CEO Parag Agrawal's refusal to block a social media handle tracking Elon Musk's movements reportedly played a role in Musk's decision to eventually take over Twitter. Agrawal's denial of Musk's request to remove the Twitter account led the billionaire to start buying Twitter shares, eventually leading to the acquisition of the company. Musk fired Agrawal shortly after completing the takeover. The details are shared in Kurt Wagner's upcoming book, "Battle for the Bird."
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'Got nothing done, was fired...': Elon Musk on ex-Twitter CEO Parag Agrawal amid row over 'what they got done' mail
Business Today
ยท
4m ago
Medial
Elon Musk criticized former Twitter CEO Parag Agrawal, suggesting he was dismissed for lack of productivity and resistance to Musk's demands, including refusing to block a certain account. Musk's influence, extending beyond tech, and his aggressive approach to efficiency spark debates over the legality and broader implications of his tactics.
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What Elon Musk replied to Tim Cook's post on Apple iPhone 15
Startup News FYI
ยท
1y ago
Medial
Apple CEO Tim Cook praised the photography capabilities of the iPhone 15 Pro Max on his platform, X, which caught the attention of Tesla CEO and former Twitter owner Elon Musk. Musk responded, acknowledging the beauty of iPhone pictures and video. Cook later shared a post showcasing the new Apple devices and Musk commented that he would be buying one. This indicates that Musk is pleased with Apple's 2023 lineup of iPhones. Cook also expressed mixed views about Musk's platform, X, mentioning its anti-semitism problem but acknowledging its importance for discourse.
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