Former CEO Jack Dorsey told Musk he personally believes Twitter would be better equipped to focus on execution as a private company, according to the filing..
Tuesday's filing reveals a timeline of conversations from Twitter's perspective in the lead-up to the deal, beginning on March 26, when Musk reached out to former CEO Jack Dorsey "to discuss the future direction of social media." That same day, Musk also reached out to Twitter board member Egon Duban and the two discussed the possibility of Musk joining the board.
After meetings between board members with Musk that included lawyers and bankers, they reached an agreement on Musk joining the board in early April, contingent on a background check and other customary procedures. Soon after that conversation, the board completed Musk's background check and his appointment to the board was set to go into effect on April 9. Leading up to that date, Musk and Agrawal continued discussing Twitter's business and products in anticipation of his new role on the board. But before the appointment came into effect, Musk told Taylor and Agrawal he would no longer be joining the board and would instead make an offer to take Twitter private.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
With deal in doubt, Elon Musk and Twitter CEO Parag Agrawal debate bots on TwitterTwitter CEO Parag Agrawal and Elon Musk are engaged in a debate over an issue Musk has made central to his proposed purchase of the platform — spam.
Read more »
Elon Musk says Twitter legal team told him he violated an NDAElon Musk on Saturday tweeted that Twitter's legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform's checks on automated users was 100.
Read more »
Elon Musk says Twitter 'manipulating' users, issues a how-to on fixing your feedElon Musk advised Twitter users to stop using the site's algorithmic feed generator and instead switch to 'Latest Tweets.'
Read more »
Elon Musk doubles down on support for this Twitter feature | Digital TrendsElonMusk has again recommended people use the latest-tweets feed as he believes the algorithm-based one could manipulate users 'in ways you don't realize.'
Read more »
Musk says Twitter algorithm manipulating users, instructs how to fix your feedAfter putting his offer on hold, Elon Musk takes a dig again at Twitter's algorithm, advising followers to change settings.
Read more »