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Elon Musk sued by Twitter for backing out of $44 billion deal

Elon Musk sued by Twitter for backing out of $44 billion deal
Jul 13 2022 Share

Twitter launched a massive lawsuit against Tesla CEO Elon Musk after the billionaire decided to pull out of his $44 billion purchase deal. 

This comes after Musk announced last week that he planned to pull out of the massive deal due to being ‘misled’ about Twitter’s number of bots and fake accounts.

Lawyers acting for the SpaceX CEO said that Twitter made ‘false and misleading representations upon which Mr Musk relied when entering into the Merger Agreement.’ 

However, this doesn’t appear to be good enough grounds for pulling out of the deal and the lawsuit, launched on the 12th of July, says the tech billionaire needs to honour his agreement. 

‘Musk entered into a binding merger agreement with Twitter, promising to use his best efforts to get the deal done’ reported The Guardian. ‘Now, less than three months later, Musk refuses to honour his obligations to Twitter and its stockholders because the deal he signed no longer serves his personal interests’.

The lawsuit also blasted Musk’s expectations to put Twitter in a ‘public spectacle’ as he ‘apparently believes that he is free to change his mind, trash the company, disrupt its operations, destroy stockholder value and walk away.’ 

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14 Nights Missing – relative of Charlie Fino issue plea to not forget case

14 Nights Missing - relative of Charlie Fino issue plea to not forget case
Jul 13 2022 Share

Taking to social media, a close relative of Charlie Fino, an 83-year-old dementia patient who resided at St Vincent De Paul who went missing on the 28th of June, issued a statement to not forget the case. 

After Charlie walked out of an unattended St Vincent De Paul care home at around 3am, the search was on albeit to no avail. Audrey Fino took to Facebook to state: 

‘Please continue to keep a look out for him! Why is he still not found? Have all the resources needed to track him down been assigned to the police and others tasked with search and rescue?

Is the case still a priority, as it should be?’

‘Charlie FINO must be found! He is a beloved father, brother, uncle, brother-in-law, friend. There is no room for (more) failures, errors and complacency!’ 

#MaltaDaily

Lufthansa aircraft from Malta lands in Palermo due to emergency

Lufthansa aircraft from Malta lands in Palermo due to emergency
Jul 13 2022 Share

A Lufthansa aircraft which departed Malta on Tuesday night had to conduct an emergency landing in Palermo due to a discrepancy in one of the engines. 

The flight departed the Luqa airport on Tuesday evening being Frankfurt bound. However, the pilots diverted to Palermo’s Falcone & Borsellino Airport in Sicily just after a few minutes. 

Pilots requested the emergency landing after an unspecified discrepancy was identified in one of the aircraft’s two engines. Flight LH1311 landed in Palermo at 2010hrs, and no incidents or critical issues among the passengers were reported. 

Passengers were flown to their destination via a replacement aircraft. The incident was also reported in the Sicilian regional newspaper La Sicilia. 

#MaltaDaily

Application to keep Baħar iċ-Ċagħaq caravan zone retracted says Minister

Application to keep Baħar iċ-Ċagħaq caravan zone retracted says Minister
Jul 13 2022 Share

Taking to social media, Tourism Minister Clayton Bartolo revealed that following consultations with the Naxxar Local Council and Infrastructure Minister Aaron Farrugia, the application to keep a particular zone in Baħar iċ-Ċagħaq an area for caravans has been annulled.

The Minister said that this form part of a holistic strategy which aims to achieve the following goals:

  • Limit the potential conflicts between the use of the space for recreational purposes
  • To control the environmental impacts on the particular zone 
  • A change to specific sites which goes beyond structured activity 

This follows a statement by the Naxxar Local Council on the 11th of July which raised concerns over the caravan site of the Naxxar coast. 

‘Is this they type of caravan site Infrastructure Malta is aiming for our beautiful Naxxar Coast’ the statement asked. ‘Can’t we do better?! Oh sorry, they are proposing an improvement. Mobile toilets!’

‘Photos showing just a part of the situation this morning next to a site which IM applied with the PA to implement a temporary caravan site which dos not include any amenities except for mobile toilets.’ 

‘We appeal to IM to suspend the application and get together to discuss a proper caravan site deserving to Naxxar and Malta.’


#MaltaDaily