10.1 C
New York

Twitter to depose Elon Musk next week ahead of buyout deal trial


Twitter’s lawyers will query Tesla chief Elon Musk under oath as a part of the continuing litigation between the social media giant and the multibillionaire over his bid to walk away from their $44bn acquisition deal.

The deposition is scheduled to begin for 26-27 September and will extend to twenty-eight September if mandatory, Reuters reported, citing a filing on the Delaware Court of Chancery where the litigation has been happening.

Mr Musk and Twitter have been engaged in a legal battle since July after the Tesla chief said he would pull out of the deal to purchase the social media company for $44bn.

In the continuing litigation, subpoenas have reportedly been issued to several big names in Silicon Valley, including Intel’s former chief Robert Swan, Twitter co-founder Jack Dorsey and Oracle co-founder Larry Ellison.

Twitter whistleblower and former head of security of the corporate Pieter “Mudge” Zatko was also set to be deposed earlier this month.

Mr Zatko had said in his document to US regulatory agencies that Twitter has not been honest in regards to the platform’s privacy issues and data security, and in addition that the corporate doesn’t understand how many bots are on its platform.

This was in step with the Tesla and SpaceX chief’s argument that he backed out of the deal to purchase Twitter as the corporate failed to supply adequate information in regards to the presence of pretend accounts and spam bots on the platform.

Mr Musk also cited the Twitter whistleblower’s allegations about security issues with the corporate as one among the explanations he backed out of the deal.

But Twitter has held that Mr Zatko’s allegations are “riddled with inconsistencies and inaccuracies”.

“Mr Zatko’s allegations and opportunistic timing appear designed to capture attention and inflict harm on Twitter, its customers and its shareholders. Security and privacy have long been company-wide priorities at Twitter and can proceed to be,” it said.

Twitter’s lawyers accuse the Tesla chief of using Mr Zatko’s claims as cover for “failing to do customary due diligence” to purchase the social media platform without adequate risk assessment.

The trial between the world’s richest man and the social media giant will happen between 17 and 21 October.

Get the latest Sports Updates (Soccer, NBA, NFL, Hockey, Racing, etc.) and Breaking News From the United States, United Kingdom, and all around the world.

Related articles


Recent articles