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Elon Musk subpoenaed to Stanford in legal battle with Twitter

Elon Musk submitted a subpoena to Stanford University on Wednesday.

In the subpoena, Musk’s legal team requested documents related to all “conversations, meetings, discussions, interviews, meetings, negotiations and agreements” between Twitter and Stanford affiliates regarding the proposed acquisition. did.

While the subpoena does not explicitly state the university’s relationship with the trial, Stanford University’s relationship with Twitter’s leadership runs deep. Twitter CEO Parag Agrawal Ph.D. ’12 is a graduate of Stanford University and his professor of science in computers at Stanford University, Fei-Fei Li also serves on his Twitter board.

Daly reached out to Lee and the university for comment.

The subpoena marks another move in which Musk is going full force to pull out of a deal that, if it goes through, would buy the company for $54.20 a share, despite a 28.5% drop in the stock price since the original offer. It’s a step.

Following initial sympathy from Twitter’s board of directors on news that Musk had purchased 73.5 million shares in the company, Twitter has embraced the possibility of doing business with him. Less than three months later, Musk broke his contract and Twitter filed a lawsuit demanding that the deal be completed. In the filing, Twitter said Musk “refuses to perform his obligations to Twitter and its shareholders because the deals he signed no longer serve his personal interests.”

In filings with the Securities and Exchange Commission on July 8, an attorney for the billionaire business tycoon accused Twitter of providing “false and misleading representations” about fake accounts and other user data. It said it was overrated and provided a reason to terminate the contract.

The dispute in the meantime has brought new volatility to Twitter’s stock price and sparked debate about the future of free speech on the internet.

Other parties to whom Musk has filed a subpoena and are expected to appear in court include Twitter co-founder Jack Dorsey, Twitter’s former security chief Pyter Zatko, who announced the company’s privacy policy earlier this month. and security vulnerabilities), and venture capitalist Peter Thiel ’89 JD. ’92. Twitter has filed subpoenas for his Thiel ventures, his capital firm, Founders Fund, as well as investors such as Joe Lonsdale and David Sacks.

According to Agrawal, Twitter’s estimate of the rate of fake accounts on its platform has hovered around 5% for several years, with more than 500,000 accounts removed each day if they fail to pass specific human verification tests. I’m here.

Musk and Twitter are scheduled to meet at the Delaware Court of Justice on Oct. 17, but the meeting was ultimately postponed until December at the request of Musk’s team after Zatko filed an 84-page complaint with Congress last week. there is a possibility. Zatko claimed that his Twitter efforts to subvert hacking, spam, and bots on the platform were “seriously flawed.” Zatko also said Twitter misled federal regulators and members of the company, and Musk’s lawyers have asked for additional time to assess the impact before trial.

Musk entered Stanford University in 1995 with a PhD in Physics. However, he dropped out after two days in the program. Musk tweeted a letter from his “wanna-be” Dr. William Nicks. August 19, ’63.

However, when asked about his involvement with Elon Musk, Nix wrote in a statement to The Daily that he had nothing to do with Musk other than what was mentioned in his letter. He further wrote, “I am not at all involved in the Twitter matter, nor, to my knowledge, is Stanford.”

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