Elon Musk summons Jack Dorsey in his crisis with Twitter

Elon Musk summons Jack Dorsey in his crisis with Twitter

Elon Musk has summoned his friend and former Twitter CEO Jack Dorsey, amid an ongoing legal battle over Musk’s decision to withdraw from the $44 billion takeover of the social network. Musk’s legal team may seek support from Dorsey, the Twitter insider who ran the company for eight years, for his argument that the platform was not being honest about the number of bots and fake accounts among its 238 million daily active users.

According to the British newspaper Daily Mail, Dorsey co-founded Twitter in 2006 and reportedly became close to Musk, urging him to buy the company and take it private. Dorsey resigned from the company’s management for the second time last November, handing the role over to current CEO Parag Agrawal.

Dorsey is also required to document documents relating to the impact of fake accounts or spam on Twitter’s business and operations, Twitter’s use of mDAU as a key metric, and comment workflow, which Twitter uses, has used, discussed, or considered using to detect accounts and classify them as spam, according to the subpoena. either desired or false

According to analysts, Twitter is looking for evidence that Musk has made private remarks that contradict his public view that the company’s difficulties with bogus accounts made the purchase implausible. , or by disclosing to people close to him that he had other reasons to back out of the transaction, Twitter’s case might be strengthened.

It is also predicted that this legal squabble will drag on for some time, with the trial determining whether Musk must proceed with the planned acquisition of the firm or whether he may walk away from the transaction.

In his Twitter crisis, Elon Musk summons Jack Dorsey.

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