Elon Musk has served ex-Twitter boss Jack Dorsey with an injunction to provide a whole series of documents, as part of the battle he launched to extricate himself from the $ 44 billion takeover deal of the social network. According to documents made public Monday, August 22, Jack Dorsey was ordered to give Elon Musk any records or communications related to the takeover deal made in April, as well as any information about fake accounts or how Twitter calculates the number of its active users.
All documents available on these subjects at Jack Dorsey since January 2019 are concerned. Jack Dorsey stepped down as Twitter’s CEO in November. Elon Musk, the richest man in the world, had signed a 44 billion dollar agreement to buy the social network, before breaking it unilaterally in early July. He believes that Twitter lied about the proportion of automated accounts and spam on its platform, and even claims that the social network “fraud” by voluntarily increasing the number of monetizable accounts. The social network, he says that spam accounts for less than 5% of users.
As soon as the takeover agreement was broken, Twitter sued Elon Musk to force him to honor his promise. Elon Musk counterattacked, with a complaint in which he asks the court to release him from the agreement and order Twitter to pay him damages. Lawyers for both parties have been waging a fierce battle for weeks with subpoenas and injunctions to provide documents. A trial is due to open on October 17 before the Delaware Court of Chancery, a court specializing in business law, and last five days.
Every Tuesday, receive the best of international news, and receive a preview of Le Point exclusives.
The editorial staff advises you