Twitter

Twitter has sent dozens of subpoenas in recent days to the banks and investors that were backing Elon Musk in his bid to acquire the company, ...

Twitter also asked Valor for any information pertaining to Bob Swan, a former chief executive of Intel who played a key role in putting the deal together. A spokesman for Mr. Palihapitiya declined to comment. Twitter’s legal outreach over the past week also sought more information about conversations with a number of the Silicon Valley heavyweights Mr. Musk is known to be close to. Mr. Musk filed a response to Twitter’s lawsuit on Friday, though it is temporarily sealed to the public while he and Twitter negotiate which parts to redact. Both Mr. Palihapitiya and Mr. Sacks were at a private conference in which Mr. Musk expressed doubt about Twitter’s disclosures concerning its number of fake accounts. Twitter also asked for more information about any analysis that banks have done at Mr. Musk’s instruction about the number of fake users on its platform. Twitter’s ability to sue Mr. Musk to force him to close the deal, under its “specific performance clause,” is voided if his debt financing falls apart. Twitter is also requesting information about Mr. Musk’s decision to scrap his loan against his Tesla shares to help finance the deal. But Twitter claims in a lawsuit against Mr. Musk in Delaware Chancery Court that he appeared to have abandoned efforts to complete his financing, contravening the agreement. Representatives for Morgan Stanley and Barclays declined to comment. What Mr. Musk’s bankers demanded — and why — could be crucial for the deal. Mr. Musk had originally planned to take out a roughly $12 billion loan against his Tesla stock.

Twitter Inc. subpoenaed records from equity investors including a unit of Brookfield Asset Management Inc., and sought information on Marc Andreessen and a ...

Twitter Inc. subpoenaed records from equity investors including a unit of Brookfield Asset Management Inc., and sought information on Marc Andreessen and a host of venture capital figures, over Elon Musk’s financing of the $44 billion buyout it sued him to complete.

WILMINGTON, Delaware: Twitter is attempting to find evidence that Elon Musk tried to torpedo the financing of his US$44 billion takeover deal for the social ...

Advertisement Musk said on Jul 8 he was backing out of the deal because Twitter allegedly breached the agreement by withholding data about fake accounts on the platform. Advertisement A five-day trial is scheduled to begin Oct 17 in the Delaware Chancery Court. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla, of which Musk is chief executive. Advertisement

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while ...

Musk had also said he was walking away because Twitter fired high-ranking executives and one-third of the talent acquisition team, breaching Twitter's obligation to "preserve substantially intact the material components of its current business organization." Musk said on July 8 he was backing out of the deal because Twitter allegedly breached the agreement by withholding data about fake accounts on the platform. Twitter has said the fake accounts are a distraction from the only issue that matters, which is the terms of the agreement. A five-day trial is scheduled to begin Oct. 17 in the Delaware Chancery Court. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla Inc (TSLA.O), of which Musk is chief executive. Morgan Stanley declined to comment.

SAN FRANCISCO (AP) — Elon Musk's wealthy high tech allies don't seem too happy about receiving subpoenas from Twitter as part of the company's legal battle ...

According to a report from The Washington Post, Twitter’s legal team on Monday asked for information about a host of tech investors and entrepreneurs connected to Musk in a wide-ranging subpoena. Joe Lonsdale, general partner at 8VC, called Twitter’s subpoenas sent to “friends in the ecosystem” surrounding Musk, Andreessen and Sacks a “giant harassing fishing expedition.” San Francisco-based Twitter is suing Musk in Delaware in an attempt to get him to complete his $44 billion acquisition of the social media company, a deal Musk is trying to get out of.

In a wide-ranging subpoena, Twitter's legal team on Tuesday asked for information about a host of tech investors and entrepreneurs connected to Elon Musk as ...

The Post reported that these allies include former Facebook exec and CEO of Social Capital Chamath Palihapitiya, founder of VC firm Andreessen Horowitz Marc Andreessen, the founding chief operating officer of PayPal, and current general partner at Craft Ventures, David Sacks. The Post reported that these allies include former Facebook exec and CEO of Social Capital Chamath Palihapitiya, founder of VC firm Andreessen Horowitz Marc Andreessen, the founding chief operating officer of PayPal, and current general partner at Craft Ventures, David Sacks The news that I am being subpoenaed by Twitter’s lawyers reminded me of this issue of Mad Magazine, I don’t know why.— David Sacks (@DavidSacks) https://t.co/LbrDnRAL6B pic.twitter.com/kznsrxFOxf August 2, 2022

Twitter subpoenaed records from a unit of Brookfield Asset Management Inc. involved in Elon Musk's financing for the $44 billion buyout.

The pretrial request for information seeks a wide range of communications and documents about Musk’s bid to acquire Twitter for $54.20 a share, which he is seeking to undo over claims the company failed to provide him with information about spam and bot accounts. Twitter Inc. subpoenaed records from a unit of Brookfield Asset Management Inc. and other equity investors involved in Elon Musk’s financing for the $44 billion buyout of the social media company he’s trying to cancel. Twitter demanded information from more than a dozen firms besides Brookfield, including DFJ Growth IV Partners, Valor Equity Partners, Fidelity Management & Research and Marc Andreessen’s AH Capital Management, according to the filings.

Elon Musk's wealthy high tech allies don't seem too happy about receiving subpoenas from Twitter as part of the company's legal battle with the Tesla CEO.

He included a photo of the magazine's cover showing a hand raising a middle finger. Representatives for Sacks, Andreessen and Palihapitiya did not immediately respond to messages for comment on Tuesday. Lonsdale did not immediately respond to a message sent through LinkedIn. Joe Lonsdale, general partner at 8VC, called Twitter's subpoenas sent to "friends in the ecosystem" surrounding Musk, Andreessen and Sacks a "giant harassing fishing expedition."

Twitter Inc is attempting to find evidence that Elon Musk tried to torpedo the financing of his $44 billion takeover deal for the social media company while ...

Musk had also said he was walking away because Twitter fired high-ranking executives and one-third of the talent acquisition team, breaching Twitter's obligation to "preserve substantially intact the material components of its current business organization." Twitter has said the fake accounts are a distraction from the only issue that matters, which is the terms of the agreement. A five-day trial is scheduled to begin Oct. 17 in the Delaware Chancery Court. They also seek information that the recipients may have about potential impact on the deal from changes in the stock price of electric car maker Tesla Inc, of which Musk is chief executive. Representatives for Musk and Twitter could not be reached. Morgan Stanley declined to comment.

In a wide-ranging subpoena, Twitter is seeking information on communications about timelines, calls, meetings and other notes, according to The Washington ...

Twitter's legal team on Monday asked for information about a host of tech investors and entrepreneurs connected to Elon Musk in a wide-ranging subpoena.

Representatives for Mr. Sacks, Mr. Andreessen and Mr. Palihapitiya did not immediately respond to messages for comment on Tuesday. Mr. Lonsdale did not immediately respond to a message sent through LinkedIn. Twitter declined to comment. According to a report from The Washington Post, Twitter’s legal team on Monday asked for information about a host of tech investors and entrepreneurs connected to Mr. Musk in a wide-ranging subpoena.

Elon Musk said microblogging platform Twitter may become an accurate, relevant news source. A follower reacted: In fact, this is everyone's hope, ...

In addition to Musk, it names two “corporate acquisition entities” related to the deal as defendants. - The World is Heading to Decoding Animal Communication with AI In a fresh tweet, Elon Musk said: “It sure is hard to find a news source that’s accurate, relevant, and not totally depressing!”