Trump Signals End of U.S. Military Campaign Against Iran as Markets Rally 
Asian Currencies Slide as Oil Prices Surge Amid U.S.-Israel-Iran Conflict 
Virgin Australia Adjusts Fares Amid Rising Aviation Costs and Middle East Tensions 
Oil Prices Surge Amid Trump's Iran Ultimatum Over Strait of Hormuz 
Goldman Sachs Raises Oil Price Forecasts Amid Strait of Hormuz Disruptions 
Palantir's Maven AI Earns Pentagon "Program of Record" Status, Reshaping Military AI Strategy 
Global Markets Tumble as US-Iran Tensions Escalate, Oil Surges 
Tesla Eyes $2.9 Billion in Chinese Solar Equipment to Power 100 GW U.S. Manufacturing Push 
Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
Gold Prices Stabilize but Head for Worst Weekly Drop in Six Years Amid Iran War Inflation Fears 
United Airlines Cuts Flights 5% Amid Soaring Fuel Costs From Iran War 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors 
Paraguay Central Bank Holds Interest Rate at 5.5% Amid Slowing Growth 
Twitter Inc. has recently been merged with X Corp., a privately-owned company operating under X Holdings Company which are both owned by Elon Musk. With the merger, the social media platform that was also acquired by Musk last year no longer exists.
The shocking information was revealed via new court documents that were shared by Laura Loomer, a journalist who is suing Twitter, on Twitter. She posted a series of tweets earlier this week, and the papers showed Twitter is now X Corp. after Musk consolidated them.
As per Fox Business, the documents were signed by New York-based law company Willkie Farr & Gallagher LLP and lawyers - Johnathan Patchen, Kristin E. Bender, Michael Gottlieb, Yuhan Alice Chi, and Meryl Conant Governski. It involves the case filed by Loomer against Meta Platforms, Facebook, Mark Zuckerberg, former Twitter chief Jack Dorsey, and Proctor and Gamble.
Loomer sued them for a racketeering case that was originally filed in May 2022 at the U.S. District Court for the Northern District of California San Francisco Division. In a separate filing in the U.S. District Court for the Southern District of Florida Miami Division, Joshua Webb, Twitter's lawyer, revised the said documents to indicate that "Twitter, Inc. has been merged into X Corp. and no longer exists."
"Pursuant to Rule 7.1 (a)(1) of the Federal Rules of Civil Procedure, the undersigned counsel for Defendant X Corp., as successor in interest to named Defendant Twitter, Inc., hereby states that Twitter, Inc. has been merged into X Corp. and no longer exists," part of the filing reads. "X Corp. is a privately held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns 10% or more of the stock of X Corp. or X Holdings Corp."
Finally, while Elon Musk has not announced or revealed this huge change related to Twitter, Bitcoinist reported that public documents stated that the merger of the social media platform and X Corp. was filed on March 15, 2023, in Nevada.
Photo by: Alexander Shatov/Unsplash
