Elon Musk’s Twitter Purchase Saga Elon Musk’s $44 billion purchase of Twitter, which handily beat Google’s $1.5 billion acquisition of YouTube to become the largest social media deal of all time, would have been noteworthy enough as a simple transaction. But what might have been a straightforward share purchase turned into a legal quagmire that drew attention from news outlets and social media watchers worldwide. The saga began with contradictory statements regarding whether or not Musk – then Twitter’s largest shareholder with a 9.2% stake – would join the company’s Board of Directors. After Musk instead announced an offer on 14 April to buy the company at a staggering $54.20 per share, representing a 38% premium above its price at the time, the deal appeared set in stone. However, Musk subsequently tweeted on 13 May that the deal was “on hold”, citing concerns over spam accounts among Twitter’s user base. He soon moved to formally terminate the acquisition, leading to Twitter filing a lawsuit in Delaware to force him to complete it or else pay a $1 billion termination fee. Months of public feuding followed as Musk blasted Twitter for allegedly misrepresenting its internal issues, before finally coming to a close as Musk agreed to acquire the company on 28 October – a day before the date of the Delaware trial. The most recently emergent story of those collected in this feature, the Twitter story has also continued to produce new legal concerns well after the deal’s closing. Beginning with the mass sacking of Twitter staff triggering a class action lawsuit in California and compounded by the likely regulatory flashback of the sacking or departure of almost all compliance and content moderation staff, and most recently clashing with the EU’s Digital Markets Act by forbidding the mention of other social media sites on the platform, it seems that Twitter’s (and Musk’s) legal difficulties will continue to generate headlines well into 2023. Dobbs v Jackson Women’s Health Organization Easily one of the most influential Supreme Court cases of all time, the landmark 1973 Roe v Wade decision found that a woman’s right to an abortion was protected by the US constitution, thus laying the foundations for the legal recognition of reproductive rights in the contemporary US. The ruling stood for more than four decades as an integral protection for the bodily autonomy of women and a staple of political ‘culture wars’ – which made its overturning as a result of Dobbs v Jackson Women’s Health Organization all the more shocking. The case was filed in March 2018 by the Center for Reproductive Rights on behalf of Jackson Women’s Health Organization, the last remaining abortion clinic in Mississippi, concerning the state’s legislative ban on abortion after 15 weeks of pregnancy in all cases excluding medical emergencies or severe fetal abnormalities. A federal district court blocked enforcement of the law the day after it was signed, noting that it deliberately violated the longstanding precedent set by Roe v Wade, a position echoed by the Court of Appeals for the Fifth Circuit in December 2019. However, when the state of Mississippi asked the Supreme Court to review the ban, the Court agreed to consider the question as to whether all previability prohibitions were unconstitutional, marking the first time it had heard a case on the subject since Roe’s passing. Its ruling was issued on 24 June, with a 5-4 majority of Justices finding that the Constitution contained neither a right to an abortion nor a right to privacy. The ruling was historical before it even occurred, with the unprecedented leak of a draft memo concerning the Court’s planned opinion causing public outcry almost two months before the decision was made official. While the Supreme Court would find itself in more hot water later in the year as it emerged that Ginni Thomas, wife of Justice Clarence Thomas, had contacted the staff of former president Donald Trump to encourage the overturning of election results in Arizona, the Dobbs decision had by far the greater impact on the Court’s approval among the American public. Like Roe v Wade before it, the case is now set to define the political landscape and the lives of millions of women for years to come. SPECIAL FEATURE 31 Elon Musk Image Credit: Public Domain https://commons.wikimedia.org/wiki/File:Elon_Musk_Colorado_2022.jpg
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