Twitter | Pakistan

A US federal jury found Elon Musk liable on Friday for claims he defrauded Twitter shareholders by trying to drive down the social media company’s stock price so he could renegotiate or back out of a $44 billion takeover in 2022. The verdict from a jury in San Francisco federal court came in a closely watched civil trial where Musk, the world’s richest person, was accused of falsely claiming on social media that Twitter underreported how many fake and spam accounts, known as bots, were on its platform. Damages have yet to be calculated but Francis Bottini, a lawyer for the shareholders, estimated they could total about $2.5 billion. “Musk’s status as the world’s richest man is not a free pass,” Bottini said in a statement. “If you’re able to move markets with your tweets, you’re responsible for the harm you cause to investors.” In a joint statement, Musk’s lawyers at Quinn Emanuel Urquhart & Sullivan called the verdict “a bump in the road. And we look forward to vindication on appeal”. The civil trial began o...

Court rules Musk statements on bots misled Twitter investors

Japan executed a man on Friday who killed nine people after contacting them on social media, the first use of capital punishment in the country in nearly three years. Takahiro Shiraishi had been sentenced to death for his 2017 strangling and dismembering of eight women and one man in his apartment in Zama city in […]

Japan executed a man on Friday who killed nine people after contacting them on social media, the first use of capital punishment in the country in nearly three years. Takahiro Shiraishi had been sentenced to death for his 2017 strangling and dismembering of eight women and one man in his apartment in Zama city in Kanagawa near Tokyo. He was dubbed the “Twitter killer” as he contacted victims via the social media platform. Justice Minister Keisuke Suzuki, who authorised Shiraishi’s hanging, said he made the decision after careful examination, taking into account the convict’s “extremely selfish” motive for crimes that “caused great shock andunrest to society.” It followed the execution in July 2022 of a man who went on a stabbing rampage in Tokyo’s shopping district Akihabara in 2008. It was also the first time a death penalty was carried out since Prime Minister Shigeru Ishiba’s government was inaugurated last October. In September last year, a Japanese court acquitted Iwao Hakamada, who had spent the world’s...