2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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$64 billion
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$54 billion
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$34 billion
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$44 billion
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Detailed explanation-1: -Twitter has hired top law firm to charge legal action against Tesla and SpaceX CEO Elon Musk on his decision to terminate $44 billion takeover deal. As per The Hill, the microblogging site has hired a large New York-based law firm Wachtell, Lipton, Rosen & Katz LLP as it prepares to sue Musk.
Detailed explanation-2: -Elon Musk has laid off half of Twitter’s approximately 3,700 employees. Those left have reportedly been urged to work 12-hour days and weekends to make the service changes Musk has demanded. Several large advertisers have pulled ads from Twitter amid concern Musk will relax its content moderation policies.
Detailed explanation-3: -Rotating Lawyers Heavyweight litigation firm Quinn Emanuel has emerged as Musk’s favorite for outside legal counsel. The firm represents Musk in a lawsuit against the SEC to get him out of his agreement to have a Tesla lawyer screen all his company-related tweets.
Detailed explanation-4: -In a surprise appearance at Ron Baron’s annual investor day at Lincoln Center in New York, Elon Musk said both that he overpaid for Twitter and that the social media firm could become one of the most valuable companies in the world.