On Wednesday, the US Federal Trade Commission (FTC) sought a court order to block Facebook parent Meta Platforms from purchasing virtual reality (VR) firm Within Unlimited. The FTC filed a request in a federal court in San Francisco for a temporary restraining order and a preliminary injunction against the tech giant, calling it a “global […]
On Monday, Twitter Inc accused Tesla CEO Elon Musk of attempting to “slow walk” the social media giant’s lawsuit to hold him to his $44 billion takeover. Twitter has urged a trial to take place in September to ensure deal financing remains in place. "Millions of Twitter shares trade daily under a cloud of Musk-created […]
In April, Musk reached a $44 billion deal to take over Twitter but has now withdrawn from the transaction. In a statement to the US Securities and Exchange Commission (SEC), representatives for Musk claimed Twitter had breached the terms of the agreement and “appears to have made false and misleading representations.” They said Twitter also […]
Baker McKenzie assisted Caterpillar in the reindustrialisation of its manufacturing plant in Jesi, Italy through the settling of a definitive union agreement.
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