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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

Link: https://www.cbsnews.com/video/elon-musk-accused-of-market-manipulation-over-twitter-stake/

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?

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