{"id":7393,"date":"2022-10-16T09:37:24","date_gmt":"2022-10-16T07:37:24","guid":{"rendered":"http:\/\/costops.com\/index.php\/2022\/10\/16\/what-are-tech-billionaires-text-messages-like-just-as-petty-as-ours-it-turns-out-john-naughton\/"},"modified":"2022-10-16T09:37:24","modified_gmt":"2022-10-16T07:37:24","slug":"what-are-tech-billionaires-text-messages-like-just-as-petty-as-ours-it-turns-out-john-naughton","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/10\/16\/what-are-tech-billionaires-text-messages-like-just-as-petty-as-ours-it-turns-out-john-naughton\/","title":{"rendered":"What are tech billionaires\u2019 text messages like? Just as petty as ours, it turns out | John Naughton"},"content":{"rendered":"

Texts released in the legal wrangle between Elon Musk and Twitter are \u2018astoundingly unastounding\u2019 \u2013 apart from the sycophancy<\/p>\n

How do tech billionaires talk when they think nobody\u2019s listening? Usually, the only people who know are the National Security Agency and waiters at Manresa<\/a>, Silicon Valley\u2019s sole three-star Michelin restaurant. But now, courtesy of the court of chancery in the state of Delaware, we lesser mortals have had an opportunity to tune in to recent conversations between Elon Musk (of Tesla, SpaceX and PayPal fame) and some of his buddies.<\/p>\n

How come? Well, the court is the arena in which a legal battle is currently being fought between Twitter and Musk. You will recall that in April the Tesla boss offered to buy Twitter outright<\/a> for $54.20 a share, valuing the company at $43.4bn, which seemed, er, generous at the time. Shortly afterwards, shares in both Twitter and Tesla (the main source of Musk\u2019s fortune) tanked, leading to a bad attack of buyer\u2019s remorse and a search for a way of backing out of the deal. Twitter was not amused by this and sued in the Delaware court, which is the prime boxing ring for these contests because more than two-thirds of Fortune 500 companies<\/a> are registered there. The two sides then assembled small armies of high-priced lawyers (I see that Musk\u2019s regiment, Messrs Wachtell, Lipton, Rosen & Katz, has nearly 300 lawyers, none of whom comes cheap) and battle commenced.<\/p>\n

Do you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com<\/a><\/strong><\/em><\/p>\n

<\/p>\n

Continue reading…<\/a>
\nTexts released in the legal wrangle between Elon Musk and Twitter are \u2018astoundingly unastounding\u2019 \u2013 apart from the sycophancy
\nHow do tech billionaires talk when they think nobody\u2019s listening? Usually, the only people who know are the National Security Agency and waiters at Manresa, Silicon Valley\u2019s sole three-star Michelin restaurant. But now, courtesy of the court of chancery in the state of Delaware, we lesser mortals have had an opportunity to tune in to recent conversations between Elon Musk (of Tesla, SpaceX and PayPal fame) and some of his buddies.
\nHow come? Well, the court is the arena in which a legal battle is currently being fought between Twitter and Musk. You will recall that in April the Tesla boss offered to buy Twitter outright for $54.20 a share, valuing the company at $43.4bn, which seemed, er, generous at the time. Shortly afterwards, shares in both Twitter and Tesla (the main source of Musk\u2019s fortune) tanked, leading to a bad attack of buyer\u2019s remorse and a search for a way of backing out of the deal. Twitter was not amused by this and sued in the Delaware court, which is the prime boxing ring for these contests because more than two-thirds of Fortune 500 companies are registered there. The two sides then assembled small armies of high-priced lawyers (I see that Musk\u2019s regiment, Messrs Wachtell, Lipton, Rosen & Katz, has nearly 300 lawyers, none of whom comes cheap) and battle commenced.
\nDo you have an opinion on the issues raised in this article? If you would like to submit a letter of up to 300 words to be considered for publication, email it to us at guardian.letters@theguardian.com
\n Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Texts released in the legal wrangle between Elon Musk and Twitter are \u2018astoundingly unastounding\u2019 \u2013 apart from the sycophancy How do tech billionaires talk when they think nobody\u2019s listening? Usually, the only people who know are the National Security Agency and waiters at Manresa, Silicon Valley\u2019s sole three-star Michelin restaurant. But now, courtesy of the …<\/p>\n

What are tech billionaires\u2019 text messages like? Just as petty as ours, it turns out | John Naughton<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":7394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7393"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=7393"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/7393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/7394"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=7393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=7393"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=7393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}