By Navya Mittal and Echha Jain National Australia Bank (NAB) said on Thursday it would shut its Hong

In the run-up to Instagram launching Threads earlier this week - its “civil”, text-based alternative to Twitter - billionaire Elon Musk has criticised the rival app looking to compete with the platform he bought back in October for $44bn by calling out the amount of data it may collect on users. Now, after the Meta-run platform is out in the wild, Musk appears to be so riled up by its runaway success (Facebook co-founder Mark Zuckerberg reported 10 million sign-ups in the first seven hours after launch) that he’s threatening to sue Meta over what he considers “cheating”. News website Semafor shared a letter from Twitter lawyer Alex Spiro, in which he writes that the bird app has “serious concerns” Zuckerberg’s company has carried out “systemic, wilful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property”. It reads: “Over the past year, Meta has hired dozens of former Twitter employees. Twitter knows that these employees previously worked at Twitter; that these employees had and continue to have access to Twitter’s trade secrets and other highly confidential information; that these employees owe ongoing obligations to Twitter; and that many of these employees have improperly retained Twitter documents and electronic devices. “With that knowledge, Meta deliberately assigned these employees to develop, in a matter of months, Meta’s copycat ‘Threads’ app with the specific intent that they use Twitter’s trade secrets and other intellectual property in order to accelerate the development of Meta’s competing app, in violation of both state and federal law as well as those employees’ ongoing obligations to Twitter. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information.” Sign up to our free Indy100 weekly newsletter Crikey. Appearing to confirm the legal threat following Semafor’s report, Musk tweeted: “Competition is fine, cheating is not.” The remark has since been met with heavy ridicule: Meanwhile, Meta’s communication director, Andy Stone has taken to Threads to state: “No one on the Threads engineering team is a former Twitter employee – that’s just not a thing.” The Musk-Zuckerberg feud very much continues, though, to the extent there are continued rumours the two tech moguls could partake in a “cage fight” to settle their differences – yes, really. We’ll go and fetch the popcorn… Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

A source close to the case said that the police were keeping a close eye on Rex Heuermann for almost a year before arresting him

Dan Patrick Renews For Four More Years

Goldman Sachs saw its third quarter earnings fall 33%, with the investment bank seeing muted market conditions that allowed fewer deals and market making opportunities for the firm

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Wayne Barnes, the referee for the Rugby World Cup final, thought about retiring last year due to social media abuse which threatened his family sparked by tweets made by South...

HIGH POINT, N.C.--(BUSINESS WIRE)--Oct 18, 2023--

Polish banks suffered a defeat at the European Union’s top court, allowing thousands of customers to avoid paying

Looking for a place to watch the MLB All-Star Game? We have you covered with MLB livestream options so every fan can enjoy the Midsummer Classic.The MLB All-Star Game is going to be upon us before we know it. There is no better time and place in the world to see the best baseball players on the ...

Donald Trump has called for the judge in his most recent federal indictment to be removed from the case after she issued a ruling against him. The ex-president launched his attack on District Court Judge Tanya Chutkan on Sunday morning, days after he appeared before her in court to plead not guilty to four federal charges stemming from a Department of Justice investigation into his alleged efforts to overturn the 2020 election and the subsequent January 6 attack on the Capitol. The day after the arraignment took to Truth Social with a post seemingly threatening revenge on those pursuing him. “IF YOU GO AFTER ME, I’M COMING AFTER YOU!” the ex-president wrote. Special Counsel Jack Smith’s team cited that post in a Friday request for Judge Chutkan to issue a protective order that would limit what discovery evidence Mr Trump and his legal can share publicly. The judge responded by giving Mr Trump’s team until 5pm Monday to respond to the request and pitch amendments to the prosecution’s proposed order. Mr Trump’s team asked for a three-day extension to respond, but that request was denied by Judge Chutkan. Then came another Truth Social post attacking the judge. “THERE IS NO WAY I CAN GET A FAIR TRIAL WITH THE JUDGE ‘ASSIGNED’ TO THE RIDICULOUS FREEDOM OF SPEECH/FAIR ELECTIONS CASE. EVERYBODY KNOWS THIS, AND SO DOES SHE!” he wrote. “WE WILL BE IMMEDIATELY ASKING FOR RECUSAL OF THIS JUDGE ON VERY POWERFUL GROUNDS, AND LIKEWISE FOR VENUE CHANGE, OUT IF (sic) D.C.” That post goes to the heart of prosecutors’ argument for why the protective order is needed: Mr Trump’s prolific use of social media. “All the proposed order seeks to prevent is the improper dissemination or use of discovery materials, including to the public,” prosecutors wrote in the protective order request. "Such a restriction is particularly important in this case because the defendant has previously issued public statements on social media regarding witnesses, judges, attorneys, and others associated with legal matters pending against him,” it continued. Mr Trump has continuously attacked prosecutors, judges, witnesses and more involved in his many legal battles to maintain his innocence and discredit their arguments. Before the indictment against the ex-president was made public on 1 August, Mr Trump used Truth Social to inform his followers he expected to be federally indicted at 5pm and called the prosecutor, Jack Smith, “deranged”. The protective order would limit what Mr Trump and his attorneys could publicly say in order to protect the integrity of the case. Mr Trump’s campaign issued a statement regarding the request for the protective order saying, “The Truth post cited is the definition of political speech, and was in response to the RINO, China-loving, dishonest special interest groups and Super PACs, like the ones funded by the Koch brothers and the Club for No Growth.” Mr Trump’s attorneys have publicly used the First Amendment as a defence against the indictment which charges Mr Trump with conspiracy to defraud the United States, conspiracy to obstruct an official proceeding, conspiracy against rights and obstruction of, and attempt to obstruct, an official proceeding. They have argued that the statements Mr Trump issued claiming there was election fraud and he actually won the 2020 election were only “political speech” and he had a right to say them. The indictment clearly mentions that while Mr Trump had the right to say what he wanted he unlawfully took steps to try and change election results in his favour. Read More Trump attacks indictment, ‘deranged’ Jack Smith and long showers in South Carolina speech - latest news DoJ requests protective order after Trump threatens revenge in Truth Social post Defiant Trump claims ‘we need one more indictment’ before 2024 race in first speech since federal charges Federal judge wants Giuliani to clarify ‘incongruous’ and ‘puzzling’ court filing in Georgia defamation case Justice Department faces biggest test in its history with election conspiracy case against Trump

WARWICK, R.I.--(BUSINESS WIRE)--Oct 31, 2023--