Businesspeople

Twitter’s future uncertain as it faces messy breakup with Musk

Courted and then jilted by the world's richest person, Twitter looks well positioned to win a court battle with Elon Musk over a $1 billion breakup fee and more -- but the company will not emerge unscathed.

The entire saga has left observers baffled by what Wedbush analyst Dan Ives described as "one of the craziest business stories ever."

Elon Musk deal to buy Twitter in danger: Report

Twitter shares slid late on July 8 after a Washington Post report that Elon Musk's $44 billion deal to buy the social media giant is in danger.

The world's richest man has previously expressed misgivings and even implied he could walk away from the deal over concerns about what he believes are an abundance of fake accounts.

Pages