- Biden in historic Amazon trip as Trump return sparks climate fears
- India hails 'historic' hypersonic missile test flight
- Israel orders Beirut residents to flee after Hezbollah targets Haifa area
- Davis, LeBron power Lakers over Pelicans as Celtics win in OT
- Trump and allies return to New York for UFC fights
- Hong Kong political freedoms in spotlight during bumper trial week
- Debt-saddled Laos struggles to tame rampant inflation
- Senna, Schumacher... Beganovic? Macau GP showcases future F1 stars
- India's vinyl revival finds its groove
- G20 tests Brazil's clout in Lula 3.0 era
- Over 20,000 displaced by gang violence in Haiti: UN agency
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- 'Break taboos': Josep Borrell wraps up time as EU's top diplomat
- Climate finance can be hard sell, says aide to banks and PMs
- Trump revives 'peace through strength,' but meaning up to debate
- New York auction records expected for a Magritte... and a banana
- Egypt's middle class cuts costs as IMF-backed reforms take hold
- Beirut businesses struggle to stay afloat under Israeli raids
- Dupont lauds France 'pragmatism' in tight New Zealand win
- Swiatek leads Poland into maiden BJK Cup semi-final
- Trump taps fracking magnate and climate skeptic as energy chief
- West Indies restore pride with high-scoring win over England
- Hull clings to one-shot lead over Korda, Zhang at LPGA Annika
- Xi tells Biden ready for 'smooth transition' to Trump
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- Springboks' Erasmus hails 'special' Kolbe after England try double
- France edge out New Zealand in Test thriller
- Xi tells Biden will seek 'smooth transition' in US-China ties
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- Kolbe at the double as South Africa beat England 29-20
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- Graham equals record as nine-try Scotland see off dogged Portugal
- China's Xi urges APEC unity in face of 'protectionism'
- Japan's Kagiyama, Yoshida sweep gold in Finland GP
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- All eyes on G20 for breakthrough as COP29 climate talks stall
Elon Musk subpoenas former Twitter chief Jack Dorsey
Elon Musk has served former Twitter boss Jack Dorsey with a subpoena in a hunt for material to help him get out of buying the giant social media platform for $44 billion as agreed.
Records made public on Monday show Dorsey was served with a legal order to give Musk any communications or documents related to the takeover deal inked in April, as well as information touching on false or spam accounts or how Twitter calculates the number of its active users.
The subpoena asks for anything Dorsey has on the topics dating back to January of 2019.
Tesla boss Musk, the world's wealthiest man, has accused Twitter of fraud, alleging the company misled him about key aspects of its business, particularly the number of accounts that are actually spam or automated "bots" instead of people.
Twitter has stuck by its estimates that bots make up fewer than five percent of users.
Twitter also disputed Musk's assertion he has the right to walk away if its bot count is found to be wrong, since he didn't seek information on that topic when he made the buyout offer.
The company accuses Musk of contriving a story to escape a merger agreement that he no longer found attractive.
"Musk's counterclaims, based as they are on distortion, misrepresentation, and outright deception, change nothing," Twitter said in a court filing.
Rival lawyers have been serving subpoenas for weeks seeking documents or depositions from a wide range of people connected with the buyout, running Twitter's business, and even with a holding company formed by Musk.
Twitter co-founder Dorsey in November of last year ended his second stint as chief of the company and had voiced support for Musk taking it over.
The Twitter deal included a provision that if the deal fell apart, the party breaking the agreement would pay a termination fee of $1 billion under certain circumstances.
Billions of dollars are at stake, but so is the future of Twitter, which Musk has said should allow any legal speech -- an absolutist position that has sparked fears the network could be used to incite violence.
The legal fight is gathering speed as preparations have begun for an October trial in Delaware's Chancery Court, which specializes in complex, high-stakes business battles.
Twitter has urged shareholders to endorse the deal, setting a vote on the merger for September 13.
While fielding questions at a recent Tesla shareholders meeting, Musk was asked whether his potential ownership of Twitter might distract from his running of the electric car company.
"I think Tesla, you know, would continue to do very well even if I was kidnapped by aliens, or went back to my home planet," he joked, drawing laughter and applause.
"To be frank, I don't have an easy answer," Musk added.
He assured shareholders that, for now, he has no plans to leave his Tesla chief role.
Y.Baker--AT