(Bloomberg) -- Former Kenyan Prime Minister Raila Odinga, who lost the Aug. 9 presidential elections by a tiny margin, rejected the outcome of the vote and vowed to take constitutional steps to challenge it.Odinga, 77, who was making his fifth run at the presidency and secured 48.9% of the vote to Deputy President William Ruto’s 50.5%, said the head of the electoral commission didn’t follow due process, rendering the results declared “null and void.” “Today I do not want to fully address our str
(Bloomberg) -- Twitter Inc. was ordered to hand over files from its former consumer product head to Elon Musk on spam and bot accounts the billionaire has cited in seeking to abandon his $44 billion purchase of the social media company. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedDOJ Opposes Release of Affidavit
The activist hedge fund Elliott Management sold its entire equity stake in Twitter in the second quarter, a period during which the social media company’s shares rallied dramatically after agreeing a $44bn takeover by Elon Musk in April. A securities filing on Monday showed that Elliott had no common stock in Twitter as of June 30, down from 10mn shares that were worth $387mn on March 31. Tesla chief executive Musk offered to buy Twitter at $54.20 a share in cash on April 14, a deal agreed by the company less than two weeks later.