Twitter subpoenaed the co-founder of Oracle in a lawsuit as part of Twitter’s ongoing effort to force Tesla CEO Elon Musk to complete his paused purchase of the social media platform.
Twitter subpoenaed Larry Ellison Oracle founder, who had committed $1 Billion to aid. Musk’sFox Business reported that Twitter’s original purchase agreement was valued at $44 Billion. Ellison was reportedly the largest outside investor in Musk’s deal, according to Twitter’s original lawsuit. Fox Business reported that Ellison is close to Musk.
Twitter also subpoenaed an official at the trust Ellison controls that committed the $1 billion to Musk’s Twitter deal, Fox Business wrote.
Musk tried to pull out of the deal to buy Twitter in July, asserting that Twitter was not giving him sufficient and honest data on the number of “spam” or bot accounts plaguing the platform. Twitter sued Musk for forcing him to sign the deal. Musk counter-sued. This set off a continuing legal battle.
The leftist leadership at Twitter claimed that Musk’s accusations were “a story, imagined in an effort to escape a merger agreement that Musk no longer found attractive,” Fox Business reported. Musk openly challenged Twitter CEO Parag Agrawal to a public debate about the number of “spam” accounts on Twitter.
“I hereby challenge @paraga to a public debate about the Twitter bot percentage,” Musk tweetedOn Aug. “Let him prove to the public that Twitter has <5% fake or spam daily users!” Musk then tweeted a poll asking users if “Less than 5% of Twitter daily users are fake/spam.” The poll’s options were “Yes” or “Lmaooo no,” with 64.9 percent voting the latter.
“If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms. However, if it turns out that their SEC filings are materially false, then it should not,” Musk tweetedThat was the same day.
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