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Post Reports

The Twitter-Elon Musk showdown has arrived

Post Reports

The Washington Post

Daily News, Politics, News

4.45.1K Ratings

🗓️ 13 July 2022

⏱️ 19 minutes

🧾️ Download transcript

Summary

A billionaire, a social media company and a lawsuit — the “epic” saga between Twitter and Elon Musk’s acquisition deal. Plus, NASA’s James Webb telescope captures galaxies light-years away.


Read more:


Twitter is officially suing Elon Musk, after the billionaire said he wanted to back out of a deal to buy the social media company. Silicon Valley correspondent Elizabeth Dwoskin has for months been following Musk’s threats to cancel the purchase, and she explains what this moment means for Twitter.


The James Webb Space Telescope captured new images of galaxies that are light-years away. Producer Natalie Bettendorf spoke with Garth Illingworth, an astronomer at the University of California at Santa Cruz who helped create the telescope, about what Webb revealed — and the discoveries yet to come.

Transcript

Click on a timestamp to play from that location

0:00.0

The lawsuit that everyone in Silicon Valley was waiting for has finally dropped.

0:07.9

Tuesday afternoon, literally, like right at 5 p.m. Eastern, Twitter fires off the first

0:14.9

valley and what we all think is going to be like an epic legal battle against Elon Musk.

0:23.6

Lizzie Duaskin is a Silicon Valley correspondent for the Post.

0:27.5

He's been living and breathing the drama for months.

0:30.8

Ever since the world's richest man seemed like he was backing out of buying Twitter.

0:34.9

And now that Musk has actually backed out, Lizzie says the social media company is fighting

0:39.1

back.

0:40.1

Basically trying to force him to go through with his promise and what they believe is a

0:44.6

binding legal agreement to buy the company.

0:48.1

And this new court filing from Twitter did not hold back.

0:51.8

The filing is very fiery. They're clearly pissed. Basically they accuse Elon Musk of acting

0:57.8

in, quote, bad faith. The way he acted was a, quote, model of hypocrisy.

1:02.3

They basically accuse him of repeatedly lying, breaking promises, having, quote, disdain

1:08.3

for the company that he was supposed to protect.

1:11.4

And specifically in terms of the reasons that Musk is trying to get out of buying Twitter,

1:18.0

they basically say that the reasons that he claims just have absolutely no merit.

1:25.6

In terms of fights between businesses, this is, yeah, this is like literally the most contentious,

1:30.6

epic, you know, and it's not just for any business reporter, it's not just the story

1:34.7

of the year.

1:35.7

It's one of the biggest business stories ever because you have the world's richest person

1:40.0

facing off against this massive social media platform that is our public square and influences

...

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