City
Epaper

Twitter drags Elon Musk's billionaire buddies into legal battle

By IANS | Updated: August 3, 2022 14:00 IST

San Francisco, Aug 3 Twitter has now dragged tech investors and entrepreneur friends connected to Elon Musk in ...

Open in App

San Francisco, Aug 3 Twitter has now dragged tech investors and entrepreneur friends connected to Elon Musk in the $44 billion takeover deal that has been terminated by the Tesla CEO and a legal trial is set to begin from October 17.

According to The Washington Post, Twitter's legal team in a subpoena in the court has asked for "extensive requests for communications, including achecklists, timelines, presentations, decks, organisational calls, meetings, notes, recordings" related to the deal's financing.

The top investors mentioned in the subpoena are Marc Andreessen, founder of VC firm Andreessen Horowitz (A16Z), former Facebook executive and CEO of Social Capital, Chamath Palihapitiya and David Sacks who helped Musk with the formation of financial services firm PayPal.

Twitter's legal team has also gone after Tesla and SpaceX board member Stephen Jurvetson, and investors Jason Calacanis, Keith Rabois and Joe Lonsdale.

Lonsdale, general partner at VC firm 8VC, called Twitter's subpoenas sent to a "giant harassing fishing expedition".

"Lawyers w/ TWTR are sending subpoenas to friends in the ecosystem around @elonmusk and @pmarca and @DavidSacks et al, a giant harassing fishing expedition," he posted.

"I have nothing to do with this aside from a few snarky comments, but got a 'YOU ARE HEREBY COMMANDED' document notice," he added.

Musk or his legal team were yet to react to the Twitter subpoena.

The world's richest person has filed a countersuit against Twitter as part of an ongoing legal dispute with the microblogging platform.

However, the lawsuit is not yet accessible to the public and a partially redacted version may be available soon under court rules.

The US judge in the Twitter vs Musk legal battle has set October 17 as the beginning date of the high-profile trial for five days.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Marc AndreessenusSan FranciscoTwitterSan francisco bayElon muskTwitter twitterTwitter sevaAndreessen horowitzTwitter cmoTwitter inc.
Open in App

Related Stories

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Outage as Users Unable to Access Feeds, Post Content

InternationalLaGuardia Airport Plane Accident: At Least 2 Killed, Several Injured After Air Canada Express CRJ-900 Collides With Fire Truck on Runway

InternationalUS-Israel-Iran War: Japan, Germany, France Show Caution Over Trump’s Strait of Hormuz Warship Plan

Social ViralLPG Cylinder Shortage in India Sparks Funny Meme and Desi Jugaad Fest on Social Media

InternationalUK Watchdogs Urge Social Media Giants To Stop Children Accessing Platforms

Technology Realted Stories

TechnologyAnother India-flagged tanker Green Asha crosses Strait of Hormuz amid tensions

TechnologyS. Korea urges GCC nations to bolster supply chain cooperation

TechnologyCII seeks more fiscal, monetary sops for industry amid Iran war crisis

TechnologyNH44 in Bengaluru is ‘shoddily designed and ill-maintained’: Kiran Mazumdar-Shaw

TechnologySamsung, Mistral AI discuss cooperation in AI memory sector