Description: In TechWatch, there is a new twist in the Elon Musk-Twitter saga. The company’s largest stakeholder is now facing a lawsuit accusing the billionaire of market manipulation. The suit alleges that the world’s richest man illegally delayed disclosing his stake in the company in order to purchase more shares at a lower price. CBS News technology reporter Dan Patterson has more.
Source: CBSNews.com – video report
Date: Apr 12, 2022
Questions for discussion:
- Summarize the reasons Elon Musk is being accused of market manipulation.
- What is your view on the matter?
- What do you believe will happen?