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VOICE ARCHIVE

Raffi Melkonian

@rmfifthcircuit
23 posts
2025-08-23
Look, this intel press release makes no sense to me at all.  —  Questions I have:  —  1) why would they sell shares at a discount?  How is that ok?  —  2) how can the United States be a passive shareholder with no governance rights?  —  3) when is the transaction taking place? …
2025-08-23 View on X
Intel

Intel says the US will make an $8.9B investment by purchasing 433.3M primary shares of Intel common stock for $20.47/share; INTC closed on August 22 at $24.80

U.S. Government to make $8.9 billion investment in Intel common stock as company builds upon its more than $100 billion expansion of resilient semiconductor supply chain

2024-12-29
Heh. An amicus brief from the president elect from the solicitor general elect(?) designate(?)
2024-12-29 View on X
New York Times

How Donald Trump went from backing a TikTok ban in 2020 to backing off in 2024, as he became a political star on the platform with more than 14.7M followers

In 2020, he moved to ban the Chinese-owned app.  Now, he is opposing the Biden administration's effort to do just that.

Heh. An amicus brief from the president elect from the solicitor general elect(?) designate(?)
2024-12-29 View on X
Bloomberg

Filing: Trump asks SCOTUS to pause the law that could ban TikTok, saying the court should give him time to “pursue a political resolution” of the dispute

- Biden administration says Chinese control of app is threat  — TikTok says law infringes rights of 170 million Americans

2024-12-28
Heh. An amicus brief from the president elect from the solicitor general elect(?) designate(?)
2024-12-28 View on X
Bloomberg

Filing: Trump asks SCOTUS to pause the law that could ban TikTok, saying the court should give him time to “pursue a political resolution” of the dispute

- Biden administration says Chinese control of app is threat  — TikTok says law infringes rights of 170 million Americans

2022-10-30
Me, sending colleagues email to print out their last 30-60 days of legal briefing because I want to brief pair https://twitter.com/...
2022-10-30 View on X
Platformer

Sources: on October 28, Twitter engineers were told to print out their last 30 to 60 days of code for Elon Musk to review, and then told to shred the printouts

Twitter has a new CEO.  And he'd like to see your code, please  —  Elon Musk took over Twitter on Thursday like a military general …

Me, sending colleagues email to print out their last 30-60 days of legal briefing because I want to brief pair https://twitter.com/...
2022-10-30 View on X
The Information

Source: Elon Musk fired top Twitter executives, including CEO Parag Agrawal, “for cause”, in an apparent attempt to avoid severance and unvested stock payouts

When Elon Musk terminated four top Twitter executives, including CEO Parag Agrawal and CFO Ned Segal on Thursday …

2022-07-13
OK, here we are! Very first thing, confirming that indeed, Twitter is asking that the Court force Musk to buy Twitter at the contract price. Again, this case is *NOT* about a $1 billion termination fee. 1/ https://twitter.com/... https://twitter.com/...
2022-07-13 View on X
New York Times

Twitter sues Elon Musk, in Delaware's Court of Chancery, to force him to complete his $44B acquisition of the company, as he “refuses to honor his obligations”

The question of whether Elon Musk must buy Twitter, as he agreed to do in April, is headed to a court in Delaware.

2022-07-11
OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-11 View on X
Axios

Twitter board chair Bret Taylor says the company plans to pursue legal action to enforce the deal and is committed to closing on the agreed upon price and terms

OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-11 View on X
Bloomberg

Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal

Good morning!  If you're looking to head to Bhutan anytime soon, we've got some news for you. Leigh Mc Gowran / Silicon Republic : What's going on with Elon Musk's Twitter deal? Ar...

2022-07-10
OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-10 View on X
Bloomberg

Elon Musk's offer to buy Twitter likely was a joke, since he previously pretended he would take Tesla private, but he may not be able to get out of the deal

Programming note: Ugh, here we are again, huh?  —  Oh Elon  —  I think it is helpful to start with the big picture.

OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-10 View on X
Axios

Twitter board chair Bret Taylor says the company plans to pursue legal action to enforce the deal and is committed to closing on the agreed upon price and terms

Elon Musk is bailing on his $44 billion agreement to buy Twitter, claiming that the social media company hasn't met its contractual obligations …

2022-07-09
OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-09 View on X
CNBC

SEC filing: Elon Musk notified Twitter he wants to end the merger agreement, claiming it didn't provide him the info he requested; stock is down 6%+ after hours

Billionaire Elon Musk wants to end his deal to buy Twitter, according to a letter sent by a lawyer on his behalf to the company's chief legal officer Friday.

OK, Twitter/Musk/Chancery court funtime initial impressions. Musk's termination letter primarily relies on Section 6.4 of the Merger Agreement. That's below. But that provision has holes the size of a montreal bagel. Look at the part right after the page break. 1/ https://twitter.com/...
2022-07-09 View on X
Axios

Twitter board chairman Bret Taylor says it plans to pursue legal action to enforce the deal and is committed to closing it on the price and terms agreed upon

Elon Musk is bailing on his $44 billion agreement to buy Twitter, claiming that the social media company hasn't met its contractual obligations …

2022-05-20
The chance that all of this ends up in litigation just going up and up. Court watchers will delight. https://twitter.com/...
2022-05-20 View on X
Bloomberg

Sources: at an all-hands, Twitter's top lawyer Vijaya Gadde said there is “no such thing as a deal being on hold” and execs said Musk's deal is moving forward

even as the Tesla founder tries to weasel out of the deal. https://www.thedailybeast.com/ ... Tero Kuittinen / @teroterotero : What is the vibe going to be when Elon walks to the f...

2022-05-12
Netchoice: CA5 has stayed the district court's preliminary injunction in the NetChoice case (i.e., reviving for now Texas's strange anti-bias law, HB20. The panel is not unanimous we are told, but not who dissents (I think I can guess, but who knows). https://twitter.com/...
2022-05-12 View on X
The Verge

A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content

A judge blocked a similar law in Florida on First Amendment grounds  —  The controversial Texas social media law HB 20 …

A post-argument stay I think telegraphs the result of the appeal almost 100%, so expect an opinion upholding the law at some point.
2022-05-12 View on X
The Verge

A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content

A judge blocked a similar law in Florida on First Amendment grounds  —  The controversial Texas social media law HB 20 …

This ruling is consistent with the statements made by Judges Oldham and Jones during the oral argument the other day.
2022-05-12 View on X
The Verge

A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content

A judge blocked a similar law in Florida on First Amendment grounds  —  The controversial Texas social media law HB 20 …

Here is the injunction that has now been stayed. https://netchoice.org/...
2022-05-12 View on X
The Verge

A US appeals court rules 2-1 to let Texas enforce a social media law stopping Twitter, Facebook, and other services with 50M+ users from moderating content

A judge blocked a similar law in Florida on First Amendment grounds  —  The controversial Texas social media law HB 20 …

2022-04-28
Oh man this is amazing. No random public announcements (that's normal) except Elon Musk is allowed to tweet about the deal (lol) but not if he insults Twitter. I'll get back to the previous topic in a second, but this was too delightful to ignore. /9 https://twitter.com/...
2022-04-28 View on X
Washington Post

Replying to tweets from right-wing users, Elon Musk boosts criticism of Twitter executives Vijaya Gadde and Jim Baker, leading to more users joining the attacks

Yesterday, with as little fanfare as possible, I downloaded my archive and deactivated my Twitter account. Dirt : White hot  —  Dirt is a daily email about entertainment. … not.not...

2022-04-27
Can Twitter pull out if it gets a better deal. So, yes, but it's complicated. First, Twitter has agreed not to seek out any other deals. They have to stop talking to anyone they're talking to now, and not seek out other deals. /4 https://twitter.com/...
2022-04-27 View on X
Bloomberg

Filing: Twitter must pay a $1B termination fee for taking another offer or telling shareholders to vote against Musk, who would also owe $1B for ending the deal

Twitter Inc. will be required to pay a termination fee of $1 billion under certain circumstances if it ends an agreement …