Tech Brew Ride Home Wed. 07/13 – Twitter Takes The Gloves Off
Jul 13, 2022
Twitter is taking Elon Musk to court over his attempt to back out of a $44 billion deal. Meanwhile, Apple is parting ways with its former design chief, Jony Ive, signaling a shift in its design strategy. The podcast dives into tech mergers, specifically Unity's acquisition of IronSource, amidst economic uncertainties. There's also a discussion on how streaming is reshaping the TV landscape and highlights the launch of the intriguing Nothing Phone 1, showcasing its unique features in a crowded market.
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Twitter vs. Musk
- Twitter sues Elon Musk in Delaware to enforce the $44 billion acquisition.
- Musk believes he can walk away from the deal, but Twitter claims breach of contract.
Bad Faith and Hypocrisy
- Musk's exit strategy is hypocritical and in bad faith, according to the lawsuit.
- He's been acting against the deal since the market downturn and repeatedly breached the agreement.
Apple and Ive Part Ways
- Apple ends its consulting agreement with Jony Ive, its former design chief.
- The multi-year contract, worth over $100 million, restricted Ive's work with other companies.