Elon Musk Accuses Twitter of ‘Material Breach’ of Agreement — Threatens to End $44B Deal
Tesla and Spacex CEO Elon Musk believes that Twitter is in material breach of the merger agreement with him, so he has the right to terminate the deal. The social media giant has refused to provide critical information relating to spam and fake accounts on its platform, Musk’s legal team explained. Elon Musk Could Terminate His $44 Billion Twitter Buyout Offer In a letter sent to Twitter Inc. Monday, which was also filed with the U.S....
IPTV Pirate Must Pay £963K or 88 Month Prison Sentence Becomes 168 Months
Over a period of more than 10 years, companies run by businessman Steven King found ways to utilize copyrighted content owned by others to generate substantial profits. According to the Premier League, Steven King, Paul Rolstona and Daniel Malone offered subscription packages to more than 1,000 pubs, clubs and homes throughout England and Wales, via their websites DreamBoxTV.co.uk and YourFootie.com. The companies behind these sites...
Yout.com Operator Rejects Deal Offered By Brazil’s Criminal Prosecutor
Over the past few years, stream-ripping service Yout.com has fought legal battles on several continents. The most prominent lawsuit was filed by the site’s operator, American developer Johnathan Nader, who took the RIAA to court in an attempt to have the site declared legal. Criminal Prosecution The RIAA case is still pending but, in the meantime, Yout has other battles to attend to. Late last year, Nader learned that the Public...
The Hacker Gold Rush That’s Poised to Eclipse Ransomware
As governments crack down on ransomware, cybercriminals may soon shift to business email compromise—already the world’s most profitable type of scam. Powered by WPeMatico
Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtual assets service providers. The code of conduct, which was initiated by the office of the President of Nigeria, applies to all Nigerian VASPs. Making the Nigerian Blockchain Industry a Safe Space The Nigerian blockchain group, the...
