• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Current price of oil as of June 15, 2026

2

Current price of silver as of Monday, June 15, 2026

3

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion

1

Current price of oil as of June 15, 2026

2

Current price of silver as of Monday, June 15, 2026

3

Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
TechElon Musk

Musk and Twitter both subpoena whistle-blower in acquisition dispute

By
Jef Feeley
Jef Feeley
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Jef Feeley
Jef Feeley
and
Bloomberg
Bloomberg
Down Arrow Button Icon
August 29, 2022, 6:03 PM ET
Elon Musk.
Elon Musk. Michael Gonzalez—Getty Images
Add Fortune on Google for similar content.

Lawyers for both Elon Musk and Twitter subpoenaed a whistle-blower who says the social-media platform’s officials didn’t know or care to find out how many accounts were spam or robot accounts as the billionaire seeks to cancel a $44 billion buyout of the company.

Peiter Zatko, Twitter’s ex-head of security, said in a whistle-blower complaint last week that the company had “egregious deficiencies” in its defenses against hackers and lacked concern for privacy issues. Zatko also said he raised concerns to company officials about the number of bots on the system and claimed those apprehensions were ignored.

Musk seeks testimony from Zatko to bolster his legal argument he can walk away from the Twitter deal over the bot issue. Twitter sued Musk in July to force him to complete his proposed acquisition. Since then, more than 100 people, banks, funds and other firms have been subpoenaed in the Delaware suit, with a trial scheduled to begin Oct. 17.

The billionaire filed a court document Monday saying he’d subpoenaed Zatko, followed later in the day with a similar filing by Twitter. Zatko is also scheduled to testify before a US Senate committee Sept. 13 about his allegations.

A Twitter spokesperson declined to comment Monday. Last week, the company called Zatko’s complaint “a false narrative about Twitter and our privacy and data security practices that is riddled with inconsistencies and inaccuracies and lacks important context.” Whistleblower Aid, the group representing Zatko, didn’t immediately respond to a request for comment.

The subpoenas are aimed at getting Zatko to hand over documents about his bot concerns and anything else he knows about Twitter’s metrics for evaluating customers that can be “monetized” for advertising purposes. The information demand also zeros in on what Zatko knows about Twitter’s securities filings, particularly its statements about bots making up about 5% of its customer base, according to court filings.

Musk’s lawyers said last week they’d already subpoenaed Zatko, but no record of the information demand was on the court docket until Monday.

In the complaint, Zatko said Twitter’s “Integrity Team” was reluctant to dig deeply into how many bot accounts were included in the platform’s customer base. That left the former security executive thinking “the company had no appetite to properly measure the prevalence of bots, in part because if the true number became public, it could harm the company’s value and image.”

Musk has argued Twitter’s regulatory disclosures putting spam and bot accounts at no more than 5% of its customer base were misleading. The Tesla Inc. chief executive officer has made public some of his analysis of the issue, which holds that a full third of Twitter’s more than 230 million users may fall into the bot category.

If that’s the case, Musk contends it creates a material adverse event that justifies him cancelling his $54.20-a-share deal under Delaware law. The state is the corporate home of more than half of US public companies, including Twitter and Tesla, along with more than 60% of Fortune 500 firms. Its chancery court judges are business-law experts who hear cases on a fast-track basis.

Also on Monday, depositions were set for Patrick O’Malley and Kristen Salen, two Musk advisers on the Twitter deal, for later this week. O’Malley must appear for in-person questioning at the Wachtell Lipton law firm in New York on Aug. 30, and Salen, a former World Wrestling Entertainment Inc. executive, was set to appear on Aug. 31, court filings show.

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Authors
By Jef Feeley
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Tech

Isaiah Granet smiles
Startups & VentureVenture Capital
Exclusive: Voice AI startup Bland raises $50 million after being rejected by 180 investors
By Lily Mae LazarusJune 16, 2026
50 minutes ago
Alexandra Debrow flocked by her cofounders
AITerm Sheet
Exclusive: How college photo-sharing app Swsh became an AI-powered fan data business backed by Scooter Braun
By Lily Mae LazarusJune 16, 2026
2 hours ago
china
AIBook Excerpt
China isn’t trying to beat the U.S. at AI — it’s playing a completely different game
By Joe Ngai and Nick LeungJune 16, 2026
2 hours ago
U.S. cybersecurity leaders to White House: Lift the ban on Anthropic’s Mythos and Fable AI models
NewslettersFortune Tech
U.S. cybersecurity leaders to White House: Lift the ban on Anthropic’s Mythos and Fable AI models
By Andrew NuscaJune 16, 2026
3 hours ago
sa
Big TechMarkets
OpenAI’s financials have leaked, showing $21 billion in losses against $13 billion in revenue
By Jim EdwardsJune 16, 2026
4 hours ago
Gulf private credit opportunities shine amid global volatility 
Middle EastInvestment
Gulf private credit opportunities shine amid global volatility 
By Melissa HancockJune 16, 2026
4 hours ago

Most Popular

Current price of oil as of June 15, 2026
Personal Finance
Current price of oil as of June 15, 2026
By Joseph HostetlerJune 15, 2026
1 day ago
Current price of silver as of Monday, June 15, 2026
Personal Finance
Current price of silver as of Monday, June 15, 2026
By Joseph HostetlerJune 15, 2026
1 day ago
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
Startups & Venture
Meet Gwynne Shotwell, the engineer-turned-COO who runs SpaceX in platform heels and is now worth over $2 billion
By Eva RoytburgJune 15, 2026
1 day ago
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
Big Tech
Hundreds of Stanford students walked out of their grad ceremony to protest Google CEO’s commencement speech. It wasn’t all about AI
By Tristan BoveJune 15, 2026
21 hours ago
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
Economy
Boomers actually do hold most of the wealth and power. So why do they call it 'whiny' to point that out?
By Nick LichtenbergJune 14, 2026
2 days ago
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup
Success
Team USA star Ricardo Pepi grew up in a trailer in El Paso—and his parents pawned their car title to fuel his soccer dream. Now, he’s in the World Cup
By Preston ForeJune 15, 2026
22 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.