Former Twitter CEO Jack Dorsey subpoenaed by Elon Musk as the lawsuit escalates

Twitter co-founder and ex-CEO Jack Dorsey speaks to students in New Delhi in this file photo from 2018. (AFP/Getty Images)

The Guardian reported that Tesla CEO Elon Musk had subpoenaed his friend and former Twitter CEO Jack Dorsey amid his intensifying legal battle with the social media company Twitter. The subpoena was amended in a court filing on Monday. Musk is attempting to withdraw from his $44bn agreement to acquire the social media site.

Dorsey was a strong supporter of Musk's initial effort to acquire Twitter. A few months ago, he tweeted: "Elon's goal of developing a platform that is "most trustworthy and most inclusive" is the correct one. This is also @paraga’s [Parag Agarwal] ambition and why I chose him. Thank you for rescuing the organization from an unthinkable circumstance. This is the correct course... I believe it wholeheartedly."

Dorsey is the chief executive officer of Block, formerly known as Square. He served as Twitter's CEO from 2015 to 2021. He stays on the company's board of directors. Dorsey expressed his opinions through a series of tweets. He had written: “In principle, I don’t believe anyone should own or run Twitter. It desires to be a protocol-level public good, not a business. Elon, though, is the one answer I trust to solve the problem of it being a company. I have faith in his goal to spread consciousness."

"I care only about the idea and the service, and I will do whatever it takes to safeguard both. Twitter as a corporation has always been my only concern and greatest regret. Wall Street and the advertising model own it. "The correct first step is to reclaim control from Wall Street," Dorsey wrote. “I love Twitter. He stated that Twitter is the closest thing we have to global consciousness.

Musk hinted earlier this month that he intends to withdraw from the acquisition agreement, prompting Twitter to bring a lawsuit to compel him to adhere to what it views as a seller-friendly contract. Musk's attorneys told the judge on Tuesday that Twitter has refused to submit specific types of documents that are "relevant and easily collected and produced" despite the impending trial in October. According to him, Twitter lawyers have asserted that many kinds of records are irrelevant without naming them.

The records sought by Musk's attorneys include Twitter board minutes and associated materials, advertising sales and stats, and manuals and policies of mDAU or Monetizable Daily Active Users. Twitter uses this indicator to measure the number of individuals and organizations using its platform.

Musk has alleged that Twitter has not provided him with sufficient information regarding the number of false accounts on its platform. Still, the firm has estimated that less than five percent of mDAU have been spam or fake accounts for several years.

Publish : 2022-08-23 12:41:00

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