Elon Musk vs Twitter has taken a new twist with the world's richest man has now subpoenaed his friend Jack Dorsey, Twitter's former CEO. Musk is attempting to back out of the proposed $44 billion merger agreement and is basing his change of heart based on 'inaccurate information' about bots on Twitter.
According to legal filings made public Monday, Musk's attorneys are seeking documents and communications from Dorsey regarding how Twitter detects, labels and counts fake accounts, and how it uses daily active users as a key metric in its financial disclosures. Court filings indicate that Dorsey accepted the service of the subpoena. The five-day trial between Twitter and Musk is scheduled to kick off in October.
Dorsey and Elon Musk have a long billionaire 'bromance' which extends well into the cryptic world of crypto. In fact Dorsey initially signaled that he was supportive of Musk taking over the company he cofounded. "In principle, I don't believe anyone should own or run Twitter," Dorsey tweeted in April. "Solving for the problem of it being a company however, Elon is the singular solution I trust. I trust his mission to extend the light of consciousness."
According to legal filings made public Monday, Musk's attorneys are seeking documents and communications from Dorsey regarding how Twitter detects, labels and counts fake accounts, and how it uses daily active users as a key metric in its financial disclosures.
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