Posts Tagged: Deal

Florida pension fund sues Elon Musk over Twitter deal

Elon Musk's $ 44 billion buyout of Twitter is facing its first legal challenge. A Florida pension fund is suing Musk and Twitter, arguing that the deal can't legally close until 2025 due to the billionaire's stake in the platform. The proposed class-action lawsuit — filed today by the Orlando Police Pension Fund in the Delaware Chancery court— also declares that Twitter’s board of directors breached its fiduciary duties by allowing the deal to go through. In addition to Musk and Twitter, the lawsuit also named former Twitter CEO Jack Dorsey, current Twitter CEO Parag Agrawal and the company’s board as defendants.

In a message to Engadget, Tulane Law School’s Professor Ann M. Lipton says the lawsuit raises "some very novel issues" under Delaware corporate law. Under a law known as Section 203, shareholders who own more than 15 percent of the company can’t enter a merger without two-thirds of the remaining shares granting approval. Without this approval, the merger can’t be finalized for another three years.

The fund’s lawyers state that Musk initially owned roughly 10 percent of Twitter’s shares, which would seemingly not make Section 203 applicable. But, the fund argues, Musk formed a pact with Morgan Stanley (which owns 8.8 percent of shares) and former CEO Jack Dorsey (who has 2.4 percent) to advance the deal. The combined stake of these parties allegedly makes Musk and his allies in the takeover deal an "interested shareholder" under Section 203 — which, if the court agrees with the underlying reasoning presented in the case, means the merger must either be delayed or get approval shareholders representing at least two-thirds of the company's ownership. 

“Section 203 is not often litigated, and so the issue of whether Musk's relationship with these parties actually counts for statutory purposes is an unsettled question and it will be interesting to watch how it unfolds,” wrote Lipton.

More details of Musk’s highly complex $ 44 billion buyout of Twitter have been made public since the social media platform accepted the billionaire’s offer last month. The New York Times reported that Musk promised investors returns of nearly five to ten times their investments if the deal went through. Parts of the deal are being scrutinized, including its reliance on foreign investors and whether Musk bought shares in the company specifically to influence its leadership. But antitrust experts say the merger is unlikely to be blocked by the FTC. The agency will decide in the next month whether to quickly approve the merger or launch a lengthier investigation.

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics

[Deal] Anker’s 24W Dual USB Car Charger is down to $10 on Amazon

If your car isn’t new enough to feature a USB port or you want to add a couple more so that the kid’s phones are powered up and you aren’t repeatedly asked if you are there yet, Anker’s 24W Dual USB Car Charger could be just what you are looking for. Made from a scratch-resistant […]

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[Deal] Save $40 on Anker’s 521 Portable Power Station with 265Wh, LED light, and USB-C PD output

We’ve reviewed serious power stations from EcoFlow recently that cost anything from $ 999 to $ 3,500, but if you need a more portable experience at an affordable price then Anker’s 521 Power Station with its 265Wh capacity could be the perfect solution to your problem. Packing in features such as a pair of AC outlets, 60W […]

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[Deal] Anker’s IPX7 waterproof Flare 2 Bluetooth Speaker with LED lights is down to just $59.99

With summer just around the corner, Anker is here with its Soundcore Flare 2 Bluetooth Speaker to bring the party atmosphere to those outdoor gatherings you’ve got planned in the months ahead. Down from $ 79.99 to just $ 59.99 on Amazon, the Soundcore Flare 2 Bluetooth Speaker packs in features such as 20W output, 360° surround […]

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[Deal] It’s USB Flash and SSD Drives for everyone with PNY’s World Backup Day promotion!

As you probably already know, today is World Backup Day (no, we didn’t either) and that means it’s time to take a look at all those ancient thumb drives in your desk drawer that range in capacity from 128MB to 4GB and look at modernizing your inventory. While you are at it, you may as […]

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Razer Anzu smart glasses deal knocks $140 off the price tag

You might want to try the Razer Anzu smart glasses with Best Buy’s $ 140 discount, which makes them affordable at $ 60, less than half the original price of $ 200.
Wearables | Digital Trends

[Deal] Save $20 off the Eufy HomeVac 11 Cordless Handheld Vacuum

Robot vacuums are all well and dandy but there are some cleanups that you need to do by hand, which is where Eufy’s HomeVac H11 Cordless Vacuum Cleaner comes into its own. Weighing in at just 1.2lbs and with an incredible 5,500Pa of suction power, the H11 HomeVac will suck those breadcrumbs and chip fragments […]

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[Deal] Save a massive $80 off Samsung’s Galaxy Watch 4 with LTE

The Galaxy Watch 4 is still the only way to experience the unified Wear OS 3.0 platform and if you simply can’t wait any longer for Google’s rumored Pixel Watch, then you’ll be happy to learn that you can save a massive $ 80 off the LTE variant of Samsung’s latest smartwatch in both 40mm and […]

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This FPV drone package deal is $300 off at Best Buy today

This DJI FPV Dron is going for just $ 1,000 down from $ 1,300 and includes the drone, a controller, and an excellent set of goggles.
Emerging Tech | Digital Trends

[Deal] Save $140/£70 on FlexiSpot’s Comhar All-in-one Motorized Standing Desk

Working from home doesn’t need to leave you feeling like a pretzel after an 8-hour stint at the same-old desk and chair combination. By upgrading to an ergonomic standing desk, you can help your body stay loose through the ability to sit or stand depending on your whims, and here to help is FlexiSpot whose […]

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[Deal] Sign up for HBO Max before January 25th and save 20% for 12 months subscription

If you are running out of TV shows and movies to watch you may be interested in the latest HBO Max deal that discounts both of its subscription plans by 20% for up to 12 months. This means you can pick up the ad-supported tier for just $ 7.99 instead of $ 9.99, saving $ 24 over the […]

Come comment on this article: [Deal] Sign up for HBO Max before January 25th and save 20% for 12 months subscription

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[Deal] Nova Launcher Prime is down to $0.99 on the Play Store for just a few more hours

Whether your phone is getting on in age or you aren’t a fan of the UI that the brand has saddled it with, installing a third-party launcher will go a long, long way to customizing the home screen experience to suit your preferences. One of the best-known options is Nova Launcher which is free to […]

Come comment on this article: [Deal] Nova Launcher Prime is down to $ 0.99 on the Play Store for just a few more hours

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Don’t miss this fantastic Apple Watch SE deal at Amazon today

The Apple Watch SE is one of the best apple smartwatches out there, and Amazon has it for only $ 230, a whole $ 50 off the $ 280 list price.
Mobile | Digital Trends

[Deal] Boost the storage on your PS5 with PNY’s 4TB XLR8 SSD and save $130

Cyber Monday might have flown by but you can still catch a deal on PNY’s massive 4TB XLR8 SSD to upgrade the storage on your PlayStation 5 gaming console. The speedy SSD usually costs $ 649 but you can get it for $ 519 on Amazon from December 5 – 18 and save a massive $ 130. Features: […]

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Apple Watch Series 7 Cyber Monday deal drops price to $380

With this Apple Watch Series 7 Cyber Monday deal from Amazon, you’ll be able to purchase the latest version of Apple’s smartwatch for its cheapest-ever price.
Wearables | Digital Trends

The first Google Pixel 6 Black Friday deal is here — but hurry!

If you’re dying to get your mitts on Google’s newest smartphone but have been waiting for a discount, the first Pixel 6 Black Friday deal has finally arrived. 
Android | Digital Trends

Quick — this Samsung Galaxy Watch 4 Black Friday deal won’t last long

For shoppers who are on the hunt for Black Friday smartwatch deals, check out Samsung’s offer for the Samsung Galaxy Watch 4 that lowers its price to $ 200.
Wearables | Digital Trends

This Samsung Galaxy Watch 4 Black Friday deal has to be seen to be believed

For shoppers who are on the hunt for Black Friday smartwatch deals, check out Samsung’s offer for the Samsung Galaxy Watch 4 that lowers its price to $ 200.
Wearables | Digital Trends

Don’t miss this Samsung Galaxy Tab S7 Black Friday deal — save $150

Here is the best Samsung Galaxy Tab S7 Black Friday deal you can shop today, with some useful buying advice to help you make the right decision.
Android | Digital Trends

COP26 climate change deal falls short on coal targets

The COP26 climate conference has come to an end, but it probably won't satisfy some of its more outspoken critics. Reuters and The Washington Post report that the United Nations-helmed summit has reached a final deal on efforts to accelerate emissions reduction and otherwise keep to a Paris Agreement target of limiting global warming to 1.5C. There are some areas where the new arrangement (billed by the UN as the Glasgow Climate Pact) may offer significant progress, but there are also concerns it doesn't hold countries to stricter standards — including a move away from coal energy.

In negotiations that extended roughly a day past the original November 12th deadline, representatives from China and India successfully changed language in the COP26 agreement that asked countries to "phase-down" unabated coal use rather than "phase-out." While COP26 president Alok Sharma and numerous countries' delegates wanted the tougher language, Sharma said it was "vital" to protect the deal. However, there are worries this will give coal-dependent countries like China and India an excuse to avoid firmer commitments to emissions reduction.

Previous critics blasted wealthier nations for failing to act on a promise of giving poorer countries $ 100 billion per year until 2023 to help them deal with climate change. The Glasgow deal only committed to making a new plan in the next three years.

The final pact does include some notable measures. It asks countries "revisit and strengthen" their climate change plans before the end of 2022, as New Scientistnoted. Similarly, there's a strategy to address long-running disputes over global carbon credit markets. Numerous countries promised to reduce methane emissions and stop deforestation, and the agreement called for reduced subsidies on fossil fuels. Separately, the US and China reached a deal to limit climate change in the 2020s, including a new recognition from China that methane had a significant impact on rising temperatures.

Nonetheless, there are fears the COP26 arrangement is generally too soft. It doesn't set many binding targets. The final language only "requests" that countries rethink their plans, for instance. The pact might prompt some countries to step up their environmental initiatives, but others may face relatively few consequences if they fall short.

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics

[Deal] Grab Eufy’s Security Video Doorbell with 1080p resolution for just $69.99

Are you tired of your deliveries being snatched off your doorstep and don’t have the time or patience to start leaving disguised glitter bombs? Here to help you in your quest is Anker’s Eufy home accessory brand with its Security Video Doorbell that pulls double duty as a video doorbell and security camera, without the […]

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[Updated: The deal has been temporarily extended] NBC Universal and YouTube TV are squabbling, and you might lose some channels

If you’ve had satellite or cable services for a few years, you’re probably familiar with the carriers and networks squabbling and fighting over contracts. Comcast doesn’t want to pay more to carry Viacom’s channels, Viacom threatens to pull everything, Comcast caves, and your monthly price goes up by $ 6 per month. Switch out those two […]

Come comment on this article: [Updated: The deal has been temporarily extended] NBC Universal and YouTube TV are squabbling, and you might lose some channels

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Don’t miss this insane deal on the Samsung Galaxy Watch 3 today

The Samsung Galaxy Watch 3, which remains a solid option despite its successor’s launch, is available from Best Buy at $ 100 off, lowering its price to $ 300.
Wearables | Digital Trends

[Deal] Save at least 25% on these Aukey Accessories

There’s cutting it close and then there’s cutting it real close, and with less than three shopping days until Christmas, I’d say it’s closer to the latter than the former. It’s still not too late to grab a saving of at least 25% on a selection of Aukey accessories ranging from a dashcam, humidifier, LED […]

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[Deal] Buy the OnePlus 8T for $749 and get the T-Mobile OnePlus 7T thrown-in for an extra $99

Why buy one phone when for just $ 99 more you can get two? That’s the deal that OnePlus is offering through December 31st where you can buy the OnePlus 8T for $ 749 and get the T-Mobile OnePlus 7T bundled in for an extra $ 99. It’s a crazy, crazy deal that could make for a cheap […]

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[Deal] Apple’s new Mac Mini (M1) is down to $639 at B&H

If, like me, you’ve read the reviews for Apple’s new Mac Mini that is powered by the M1 processor with unified RAM and put it on your list of things to buy, would a $ 60 saving on RRP tempt you into splashing the cash? If so, you’ve got until midnight to snag the M1-powered Mac […]

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[Deal is still live] Secure your data with a 3-year plan to CyberGhost VPN at just $2.25/month and get an extra 3 months free

It’s somehow fitting that our first Cyber Monday deal is for CyberGhost VPN that you can grab a three-year plan at just $ 2.25/£1.99 monthly, with an extra 3 months bundled in on top. With more than 36 million customers worldwide, CyberGhost VPN promises to keep your data safe from prying eyes and unblock geo-restricted websites […]

Come comment on this article: [Deal is still live] Secure your data with a 3-year plan to CyberGhost VPN at just $ 2.25/month and get an extra 3 months free

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[Deal] For just $99, Anker’s WiFi Video Doorbell will help you screen unwelcome visitors this Christmas without answering the door

You know how it goes at Christmas time when everyone and his uncle turn up unannounced in the hopes of some left-over turkey and a mug of egg-nog, and you can bet that even in this dumpster-fire of a year they will still be knocking on your door. It doesn’t have to be this way […]

Come comment on this article: [Deal] For just $ 99, Anker’s WiFi Video Doorbell will help you screen unwelcome visitors this Christmas without answering the door

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[Deal] Grab an ultra-thin case from Totallee for just $5

If you’ve bought a phone for someone (or for yourself) this festive season then you might want to grab a case to keep it in pristine condition to accompany it. If so, there’s no need to break the bank because Totallee has reduced the cost of any non-iPhone 12 cases down to just five bucks. […]

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[Deal] Save 15% on Mujjo cases, sleeves, and touchscreen gloves through December 19th

If you’ve bought yourself or someone you care for a new Galaxy or iPhone, iPad, or MacBook you are probably on the lookout for a quality case or sleeve to help keep it in pristine condition. Luckily, Mujjo is holding a sitewide promotion where you can save 15% on everything in its inventory. Mujjo’s cases and […]

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[Deal] Save at least 25% on these Aukey accessories

As we lurch towards the festive period, searching for those all-important stocking fillers has taken on increased importance, especially if you missed out on the Black Friday deals. Luckily, Aukey has discounted a bunch of its peripherals, wall chargers, and audio accessories, with savings of up to 64% to be had. The deals are all […]

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[Deal] Give the gift of family discovery with up to 50% off on MyHeritage gift memberships and DNA kits

To understand where you are going sometimes you need to discover where you’ve come from, which is where giving yourself or someone you love the gift of a MyHeritage membership could be the gift that keeps on giving. Finding out about your ancestors and family that may have lost touch throughout the years needn’t be […]

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[Deal] Save $22 on Choetech’s 15-in-1 Docking Station through December 13

Connect everything with Choetech’s 15-in-1 Docking Station that works with MacBooks and Windows machines and brings a host of ports and 100W PD charging to your working area. With an RRP of $ 109.97, the 15-in-1 Docking Station is now reduced to just $ 87.98 plus tax (if applicable). Features: 15-in-1 Massive Expansion USB C Dock: 3 […]

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[Deal] Save 20% on Yeelight’s dimmable Smart WiFi LED Light Strip

There’s nothing like a light strip to accentuate your new television or perhaps shed some light on the stairway without blinding you in the process. Yeelight’s 6.5ft Smart WiFi LED Light Strip brings multi-color control and integrated Chroma RGB support, is extendable up to 33ft, and works with Google Assistant, Alexa, and Homekit with no […]

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[Deal] Save up to 75% on Tudia cases and accessories

Tudia is a brand that tends to get mentioned in our case guides because it makes quality products at affordable prices. Now, with Black Friday upon us, its inventory of phone cases and accessories can be had with incredible savings of up to 75%. Whether it’s a case for your iPhone, Samsung, Motorola, or OnePlus, […]

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[Deal] Save $135 on the TCL 10 Pro this Black Friday

It’s Black Friday and if you’ve been thinking about picking up the TCL 10 Pro (reviewed here) there is no better time than the present because you can save $ 135 off the RRP of $ 449. Sporting a big 6.5-inch FHD AMOLED display, the Snapdragon 765G processor, 5G connectivity, 128GB of storage, and quadruple rear cameras, […]

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[Deal] Anda Seat’s Dark Knight Gaming Chair is down to $407 with free shipping

Whether its sitting at a desk working or doing something more enjoyable like gaming, a chair that is comfortable to sit on for those extended sessions is an absolute must. This is where Anda Seat comes in with its Dark Knight Gaming Chair that boasts lumbar support and a racing style comes in to its […]

Come comment on this article: [Deal] Anda Seat’s Dark Knight Gaming Chair is down to $ 407 with free shipping

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[Deal] Save a massive $240 on the Roborock S6 Pure Robot Vacuum & Mop

Tired of spending your day off vacuuming and mopping the floor instead of going for a jog on the beach or watching The Queen’s Gambit on TV? We’ve got the answer for you in the form of the LiDAR-toting Roborock S6 Pure Robot Vacuum and Mop that is now discounted down from $ 599 down to […]

Come comment on this article: [Deal] Save a massive $ 240 on the Roborock S6 Pure Robot Vacuum & Mop

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[Deal] Save up to 60% on Glorious PC gaming peripherals from Midnight (ET)

Once feared to be heading for oblivion when faced with gaming consoles such as the Xbox and the PlayStation, PC gaming has stood the test of time and is more popular than ever. Those in the know will already be familiar with the Glorious brand of PC gaming accessories, but if you are only just […]

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[Deal] Grab the Eufy RoboVac 35C for just $149.99 from Target

We’ve got another robot vacuum deal for you today in the form of the RoboVac 35C from Eufy that will both increase your relaxation time and save you $ 150. This means you are getting a smart vacuum that can be controlled via an app on your smartphone for half its regular price from Target. Able […]

Come comment on this article: [Deal] Grab the Eufy RoboVac 35C for just $ 149.99 from Target

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[Deal] Save 30% on the entire Totallee inventory of cases and accessories

It’s not often that a site offers a huge discount across its own online store as well as the US, Canadian, and UK Amazon storefronts, but Totallee has done just that by offering a 30% discount on its inventory. We’ve featured cases in our case guides such as this one for the Pixel 5, and […]

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[Deal] Save $400 on the unlocked Moto Razr 5G from Motorola and Best Buy

The first-generation Moto Razr foldable may not have been the hit out of the park that Motorola would have liked, but the follow-up has shown that the smartphone company is capable of learning from its mistakes. The Moto Razr 5G features better quality building materials, an improved processor with more capable cameras, and includes 5G […]

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[Deal] You can pick up the TCL 10 5G UW from Verizon for just $120

If the Pixel 4a 5G is a tad expensive for your tastes, we’ve got what could be the cheapest way to buy a new 5G smartphone in the US in the form of the TCL 10 5G UW from Verizon for a grand total of $ 120. This means you save $ 280 on a phone with […]

Come comment on this article: [Deal] You can pick up the TCL 10 5G UW from Verizon for just $ 120

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[Deal] Save up to 64% on accessories in Aukey’s pre-Black Friday sale

I usually start off these deal posts saying that you might want to refresh your accessory stash or perhaps declutter your desktop which is why you should take a look at the products on offer at reduced prices. Today, I’m doing something different in that all I’m going to say is that Aukey is back […]

Come comment on this article: [Deal] Save up to 64% on accessories in Aukey’s pre-Black Friday sale

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[Deal] RAVPower’s 90W PD Pioneer USB-C Wall Charger is down to just $37.99

Remember when powerful wall chargers were big and hefty? Thanks to GaN technology this is no longer the case, take the PD Pioneer USB-C Wall Charger from RAVPower for example, dual USB-C ports capable of Power Deliver, 90W of output, and foldable pins and it’s really small. Not small is the $ 17 discount that brings […]

Come comment on this article: [Deal] RAVPower’s 90W PD Pioneer USB-C Wall Charger is down to just $ 37.99

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[Deal] The Mpow M12 Bluetooth 5.0 Earbuds are down to just $17.54 on Amazon

It’s one thing to buy a pair of cheap wireless earbuds but it’s another thing to buy a pair that offer Bluetooth 5.0 connectivity, 25-hour playing time, and a charging case you can recharge wirelessly, all for under $ 20. Mpow’s M12 Bluetooth 5.0 Wireless earbuds are just that and more and are now reduced down […]

Come comment on this article: [Deal] The Mpow M12 Bluetooth 5.0 Earbuds are down to just $ 17.54 on Amazon

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[Deal] Tribit’s palm-sized StormBox Micro Bluetooth Speaker is down to just $32.49

Jared recently reviewed Tribit’s StormBox Micro Bluetooth speaker and was impressed by its sturdy construction and most importantly, the quality of sound. For a device with an RRP of $ 50, the StormBox Micro features mod-cons such as USB-C, Bluetooth 5.0, and IP67 waterproof certification. Best of all, you can now buy the speaker for just […]

Come comment on this article: [Deal] Tribit’s palm-sized StormBox Micro Bluetooth Speaker is down to just $ 32.49

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[Deal] Save at least 50% on Lenovo’s Smart Clock and Smart Clock Essential

If you are looking for a smart clock for your bedside table or the office desk, you can’t go far wrong than buying the Smart Clock or Smart Clock Essential from Lenovo. Both come with the Google Assistant built-in and are now discounted by a minimum of 50% at Best Buy. Don’t forget to check […]

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[Deal] Save up to 64% on these Aukey accessories

As we inch towards the end of October, Aukey is here to help us make the most of our pay packets with a slew of deals on accessories such as headphones, USB-C adaptors, and wall chargers. Savings range from 25% all the way up to 64%, so join us after the break for the details. […]

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[Deal] Go retro with Denon’s DP-300F Turntable and save $80

Listening to music has achieved unprecedented levels of instant gratification, with the swipe of a display or a verbal command you can listen to your favorite content in a split second. It’s truly great how far technology has come, but if you are longing for the days when the process took a little more thought […]

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