Welcome to the Tech Mem Right Home for Wednesday, July 13th, 2022. I'm Brian McCullough today.

Twitter officially sues Elon Musk and by the sound of things has decided to go to the mattresses

has Apple officially cut ties with Johnny Ive.

Here come the tech mergers and acquisitions.

House streaming has officially killed traditional TV by at least one measure and an interesting new gadget. Nothing.

I'll explain. Here's what you missed today in the world of Tech.

And the lawsuit has dropped. Twitter is suing Elon Musk in Delaware's Court of Chancery to force him to complete his 44 billion dollar acquisition of the company as he quote refuses to honor his obligations

according to Twitter quoting the New York Times.

Musk apparently believes that he unlike every other party subject to Delaware contract law, is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away, the company said in the suit in a letter to Mr. Musk's

lawyers on Sunday Twitter's lawyers said that his move to terminate the deal was

quote invalid and wrong and that Mr. Musk, quote, knowingly, intentionally, willfully, and materially breached his

agreement to buy the firm.

The company has said that it is confident in its figures about spam accounts and that it uses experts in spam to audit the

account and ensure its accuracy. In its suit Twitter argued that Mr. Musk

who also leads the automaker Tesla wanted to exit the deal because of changes in the stock market that affected his wealth.

Tesla stock has fallen in recent months.

Twitter said the billionaire used his complaints about bots as a pretext to wriggle out of the agreement.

Mr. Musk also broke an agreement not to publicly install. pretext to wriggle out of the agreement.

Mr. Musk also broke an agreement not to publicly insult Twitter executives and he, quote,

covertly abandoned, end quote, his efforts to secure debt funding for the deal, the lawsuit said. In doing doing so the social media company said he

breached his obligations to use quote reasonable best efforts to get a deal done

Musk wanted an escape the company said but the merger agreement left him little room end quote

...