Doubt about spam accounts could scuttle Twitter deal, says Elon Musk
Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5 per cent of the accounts on the social media platform are fake or spam.
Musk made the comment in a reply to another user on Twitter early Tuesday.
He spent much of the previous day in a back-and-forth with Twitter CEO Parag Agrawal, who posted a series of tweets explaining his company's effort to fight bots and how it has consistently estimated that less than 5 per cent of Twitter accounts are fake.
In his tweet Tuesday, Musk said that 20 per cent fake/spam accounts, while 4 times what Twitter claims, could be much higher. My offer was based on Twitter's SEC filings being accurate.
Read More : https://www.business-standard.com/article/international/doubt-about-spam-accounts-could-scuttle-twitter-deal-says-elon-musk-122051700705_1.html
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