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Elon Musk subpoenas Jack Dorsey, Twitters former CEO

The Schedule A+B ask for Dorsey to produce documents and electronic information/communication about the merger, the impact or effect of false or spam accounts, Twitter’s use of mDAU as a “Key Metric,”, process or workflow that Twitter uses, has used, or has discussed or considered using to detect and label accounts as spam or false and some more things.

mDAU is a Twitter term for “monetizable daily active usage or users”.

The subpoena demands quite a lot of information to be produced. Let me quote verbatim from the request part on pages 14 and 15:

DOCUMENT REQUESTS

  1. Documents and Communications regarding the Merger and the transaction contemplated by the Merger, the Merger Agreement, any potential acquisition or transaction between Defendants and Twitter, Defendants’ potential or actual acquisition of shares of Twitter common stock, Defendants’ potential membership on the Twitter Board, and Documents and Communications otherwise regarding Twitter and any of Defendants.
  2. Documents and Communications reflecting, referring to, or relating to the impact or effect of false or spam accounts on Twitter’s business and operations.
  3. Documents and Communications reflecting, referring to, or relating to Twitter’s use of mDAU as a “Key Metric,” as noted in Twitter’s SEC filings, including Documents and Communications reflecting, referring to, or relating to the relationship between mDAU and Twitter’s present or future revenue or EBITDA.
  4. Documents and Communications reflecting, referring to, or relating to Twitter’s use of any other user metric other than mDAU, including but not limited to, daily active users, monthly active users, daily user engagement, monthly userengagement, or advertisement engagements.
  5. Documents and Communications describing any process or workflow, other than the mDAU Audit and the suspension workflow, that Twitter uses, has used, or has discussed or considered using to detect and label accounts as spam or false.
  6. Documents reflecting business plans or analyses for achieving mDAU targets. 7. Documents and Communications relating to incorporating mDAU into executive or director compensation, including but not limited to any annual compensation targets, bonus pools, incentive plans, or performance-based restricted stock units.