The approval of the acquisition by the shareholders is nice. At this point, Musk has sent a number of letters trying to end the deal. I am not going to pretend that he really believes this stuff, partly because his deus ex machina seems to be a bust.
To implement the changes Zatko wanted, he wanted to run over the other person.
Musk is leaning on the idea that the social network is lying about its users. Peiter Zatko's case might be strengthened slightly by a whistle blower complaint.
I tried to take Zatko seriously. Robert Graham said that Zatko doesn't know how to get things done in a corporate culture.
Underlings expect that their bosses will help defend them in their work disputes. But executives don’t have that luxury. They are at the top of the food chain and are themselves responsible for resolving conflicts. There is nobody to go to in order to complain, not the board who only wants results, and not HR, because you are above HR. Not anybody — you have to resolve your own disputes.
Zatko’s complaint seems to be about looking for dispute resolution in the court of public opinion, because he was unable to resolve his dispute with [Twitter CEO Parag] Agrawal himself.
In his complaint, Zatko did a lot of complaining about Jack Dorsey. If you give me an absent boss, I will do what I want. I was surprised that this didn't happen to Zatko because he wanted to run over people. He could have plotted with other executives and implemented it himself. It should have been child's play to steamroller Dorsey because he didn't speak to Zatko for days or weeks.
The "Cyberwhistle" is no longer in stock.
One of the reasons for Zatko's firing was due to his "poor leadership." The rest of the stock market fell after Zatko testified on Tuesday, so I am not alone. Zatko's complaints were not thought of by investors.
Techdirt's Mike Masnick has noted that Zatko's thoughts on the measurement of monetizable users don't square with Musk's arguments.
There is a bright side to Musk. The Zatko shareholder lawsuit is also included. He posted a link to a store where one could buy a Cyberwhistle for 1,000 Doge coins. The "Cyberwhistle" is no longer in stock and it's likely thatTesla is richer.
What are Musk's attorneys doing? They aren't complying with the discovery process.
Musk didn't produce texts he and the guy who runs his family office sent each other Birchall entered into a non-disclosure agreement with a con man promising to dig up dirt on the caver that Musk had called a "pedo guy" and also obtained the URL justballs.
If we're heading into WW3 it won't make sense to buy a social networking site.
Third parties have supplied the messages between Musk and Birchall. The defendants have not explained the discovery failure. The documents have been mishandled.
Musk told Michael Grimes to slow down just a few days before Putin's speech, according to messages Morgan Stanley produced between Musk and his bankers. If we are heading into WW3 it won't make sense to buy a social networking site. The messages that were sent on May 8th suggest that Musk has no idea how a merger works.
Musk had already said that they need to do due diligence in the first set of texts, so he didn't want to do it again. Musk said on May 8th that an extremely fundamental due diligence item is understanding how they confirm that 95 percent of their daily active users are real people. On May 17th, Musk would make a public announcement that the deal couldn't move forward because of the bots. If that number is less than 50%, then they have been misrepresenting the value of the social network to advertisers and investors.
It seems right to me that Musk based his estimates on his own experience on the social networking site. That is not a good way to determine how many real users are on the social networking site.
Musk's lawyers said that it was a mistake to not give all the texts over. Being too mean to other lawyers is not ethical. The lawyers say that there are problems with the production of other documents and that the premature motion and overheated rhetoric is meant to distract from the failures of the company. Musk's team complains that those messages were produced. The real problem was the timelines, which is too fast, and the lawyers.
It is like Musk has covered him in Teflon.
I don't think this is convincing, but I'm not a judge.
The omission of the texts with the Morgan Stanley banker was an oversight, according to Musk's lawyers. They claim to have produced these messages.
There is a fun sideline in the footnotes. Musk and a16z had been talking about co- investing with each other on a text messaging platform. Musk doesn't usually use this for business, according to his lawyers. Musk's lawyers point out that this exchange happened before Musk decided to change his mind about using Signal for business transactions. It's messy.
I don't know. I don't blame the hedge fund managers who think that Musk will be forced to buy the company. I don't like Musk here. It looks like he doesn't have a case. One of the hedge fund managers betting against Musk is David Einhorn, who was once sent a set of short- shorts after he declared he was shorting the company. The promotion was from a company that sells shorts with a 5.5-inch inseam.
Musk has succeeded in avoiding having his emails enter discovery, a significant win for him and a significant loss for me, a person who loves reading other people's email.
I will finally log off from the site after he buys it. Musk is covered in Teflon because of the consequences of his actions. He hasn't been held to account by the SEC. NASA has also not. He has not been ordered by the National Labor Relations Board to stop posting. The Delaware Court of Chancery would be no different.
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