Some new faces have entered the Elon Musk v. Twitter standoff. The social media firm simply subpoenaed a bunch of individuals in Musk’s orbit, bringing buyers like Chamath Palihapitiya and Marc Andreessen into its ongoing authorized battle towards the Tesla CEO.
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1. Twitter is dragging Elon Musk’s buddies into its authorized battle. The social media firm issued a slew of subpoenas to a few of Silicon Valley’s greatest names, together with billionaire buyers Chamath Palihapitiya and Marc Andreessen.
- The Washington Publish was the primary to report on the subpoenas, which might require the boys to testify in court docket when the five-day trial begins in October.
- Twitter’s in search of any communication between Musk and his associates associated to bots or spam, and something as regards to Musk’s look on the All-In Summit in Could, the place he appeared to backtrack on his plans to purchase Twitter.
- Different subpoenaed events embrace David Sacks, an entrepreneur that helped Musk discovered PayPal, and buyers Keith Rabois and Joe Lonsdale. Lonsdale known as the requests a “giant harassing fishing expedition.”
Extra on Twitter’s flurry of subpoenas.
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4. Robinhood is chopping about 23% of its workforce. The layoffs equate to about 800 workers. The cuts come simply after Robinhood’s crypto unit was hit with a $30 million tremendous by the New York State Division of Monetary Providers for failing to implement correct safety and money-laundering prevention.
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7. Meta has been quietly testing a brand new livestreaming platform. The product, known as Tremendous, would enable customers to host interactive livestreams, interact with followers, and earn income. In the meantime, Fb is shutting down its reside buying program and shifting its focus to Reels.
8. Solana wallets have been focused within the newest multimillion greenback crypto hack. As per Bloomberg, 4 Solana pockets addresses drained roughly $8 million from victims, with greater than 7,000 believed to be affected.
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10. Amazon is sending out invitations to purchase the coveted PlayStation 5 and Xbox Sequence X gaming consoles. The invites embrace a particular hyperlink that prospects can use to purchase the consoles, however they solely have 72 hours to take action. We clarify how to enroll in the invitation program.
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Curated by Jordan Parker Erb in New York. (Suggestions or suggestions? Electronic mail jerb@insider.com or tweet @jordanparkererb.) Edited by Hallam Bullock (tweet @hallam_bullock) in London.