Twitter Slams Musk's Attempt to Cancel Deal

Twitter Slams Musk's Attempt to Cancel Deal

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the upcoming hearing with Peter Zacco on Capitol Hill, focusing on data privacy and fake accounts. Elon Musk is using a $7 million separation agreement with Zacco as a reason to cancel his Twitter acquisition, claiming it was outside the ordinary course of business. Zacco, a former Twitter executive, has insider knowledge and is allowed to whistleblow. The judge has allowed Musk to amend his counterclaims, and Zacco's testimony will address national security and spam accounts. Twitter disputes Musk's argument, and the hearing may impact shareholder votes and legislative focus on data privacy.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What specific allegations is Peter Zacco expected to testify about during the hearing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns do legislators have regarding data privacy in relation to the acquisition?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How might the outcome of the hearing affect Twitter's operations and its CEO's responsibilities?

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