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Twitter wants a judge to grant its request to hold a four-day trial in September after the company sued billionaire Elon Musk for trying to back out of a $44 billion deal to buy the social media company.
Why it matters
Twitter says the company risks “irreparable harm” if the legal fight drags on.
Judge Kathaleen St. J. McCormick is scheduled to hold a hearing about Twitter’s motion to speed up the legal process on Tuesday.
is fighting billionaire over his attempt to end a $44 billion deal to purchase the influential network.
Last week, to force him to complete the purchase. The company also urged a judge to speed up the legal process by holding a four-day trial in September. Musk’s lawyers, getthroughwork though, want the trial to happen on Feb. 23 or later.
“This very public dispute harms Twitter with each passing day Musk is in breach,” Twitter’s lawyers said in a filing on Monday. “Musk amplifies this harm by using the company’s own platform as a megaphone to disparage it.”
Monday’s filing is the latest development in what could shape out to be a lengthy and ugly legal battle between Twitter and the world’s richest man. Musk said he’s pulling out of the deal because the social network hasn’t provided him enough information to verify that fewer than 5% of Twitter’s 229 million daily users are fake or spam accounts. Since Twitter makes most of its money from selling ads, Musk said this user data is an important part of understanding the company’s business. Twitter said in the lawsuit, though, that Musk’s information requests were “designed to try to tank the deal.” The billionaire’s stake in his company