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2025-01-15 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >
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Sina Technology News Beijing time August 23 news, Musk asked Twitter co-founder Jack Dorsey (Jack Dorsey) for documents, because Musk is in a lawsuit with Twitter, he wants to abandon the Twitter acquisition plan.
Dorsey resigned as Twitter CEO last November and left the Twitter board in May. Musk reached an acquisition agreement with Twitter in April, and Musk asked Dorsey for documents and communications records related to the agreement and false accounts.
Musk also asked Twitter for mDAU-related documents and communications, according to the subpoena. Twitter had considered replacing mDAU with other indicators, and Twitter had introduced mDAU when paying executive compensation and setting annual targets for executives, as well as related documents and communications.
Dorsey once supported Musk's acquisition of Twitter because both men agreed that the algorithm should be more transparent and give users more control. Dorsey believes that Twitter's development is hampered by the advertising model, while Musk says Twitter should rely more on subscription fees and other services, such as money transfers between users.
Musk discussed joining the Twitter board with Dorsey in March, before he disclosed that he already owns a 9.4% stake in Twitter. Musk accepted a board seat, but suddenly changed course and bought Twitter before taking up his job.
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