Daily Wire: The legal team for Tesla and SpaceX CEO Elon Musk subpoenaed former Twitter CEO Jack Dorsey amid the ongoing battle over the social media platform.
Musk, who made a proposal earlier this year to purchase the entirety of Twitter for $44 billion, argues that the company’s disclosed quantity of false or spam accounts is inaccurate — perhaps numbering as high as 33% rather than Twitter’s reported 5%. A lower number of monetizable daily active users (mDAU) than the number Twitter has reported could justify a lower company valuation.
The entrepreneur is therefore locked in a legal battle, with Twitter trying to force the completion of the deal and Musk attempting to terminate the arrangement. The trial to determine the outcome is scheduled for October.
Musk is therefore subpoenaing former Twitter CEO Jack Dorsey, who resigned at the end of last year and was replaced by Twitter CTO Parag Agrawal, over documents related to “the impact or effect of false or spam accounts on Twitter’s business and operations, Twitter’s use of mDAU as a Key Metric.” The subpoena also asks Dorsey to provide “any process or workflow, other than the mDAU Audit and the suspension workflow, that Twitter uses, has used, or has discussed or considered using to detect and label accounts as spam or false,” according to court documents obtained by The Verge.
The legal team representing Musk — who desired to purchase Twitter for the purpose of increasing its commitment to free speech — has argued that the company repeatedly failed to provide accurate information about its user base, precluding the possibility of a complete deal. more here
I just realized “ Parag Agrawal” spelled backwards is “Lawarga Garap”!!!
I was noticing that Jack was kind of being quiet and ignored by the so called media whom if they were doing their supposed job would already be looking for these answers.
Make ’em squirm, Elon!