NavarianAug 9, 2023

Twitter held in contempt, fined $350K over Trump data delay

https://lemm.ee/post/3699613

Twitter held in contempt, fined $350K over Trump data delay - lemm.ee

Sanctions were applied after the social media platform delayed compliance with a federal search warrant that required Twitter to hand over Donald Trump’s Twitter data without telling the former president about the warrant for 180 days.

Show threadGeekocracyAug 9, 2023
The purpose of a fine is to get compliance, not to punish. The fine was $50,000, doubling every day. So $350,00 dollars means Musk caved after 3 days. Pretty effective tactic by the court.
Show threadp1mrxAug 9, 2023
The fine would’ve hit $40 billion within a few weeks.
Show threadhemmesAug 10, 2023
I think that would make his investment underwater
Show threadddh
$350K might make it underwater?
Aug 10, 2023 at 3:01amWeb
Show threadhemmesAug 10, 2023
$40 billion
Show threadWhiskyTangoFoxtrotAug 10, 2023
OceanGate only charged $250k. He could’ve been underwater with $100k to spare.