Foreign media: Twitter has now been merged into a new entity called X Corp

2023-04-11 16:09:42
Collection

ChainCatcher news, according to a court document disclosed by foreign media, Twitter Inc. recently revealed a significant development. The company is currently being sued by right-wing provocateur Laura Loomer, who accuses the company of violating federal extortion laws when it banned her account in 2019. However, before that, Twitter, as the defendant, must continue to submit corporate disclosure statements to the court.

Therefore, in a recently submitted document, the company issued a notice stating that "Twitter, Inc. has merged into X Corp. and no longer exists." As the "successor in interest" to Twitter Inc., the newly merged X Corp. is now the defendant in the Loomer lawsuit. Its parent company has been identified as X Holdings Corp. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators