10 Outlandish Elon Musk Tweets Twitter Used as Evidence in Lawsuit Against Him
story about the company’s filings on spam bots. He explained that he was waiting for information to support the company’s assertation that spam accounts represented less than 5% of its users.“The Reuters story Musk linked to in his tweet was a report on Twitter’s 10-Q filing made on May 2, 2022, and contained the same heavily qualified 5% estimate Twitter had been disclosing in its SEC filings for the past three years,” the company’s lawyers wrote.
“Any sensible random sampling process is fine. If many people independently get similar results for % of fake/spam/duplicate accounts, that will be telling,” Musk said on. “I picked 100 as the sample size number, because that is what Twitter uses to calculate <5% fake/spam/duplicate.” In Twitter’s view, this amounted to a public misrepresentation, especially considering the fact that it had met with Musk before he tweeted and informed him that its “spam estimation process entails daily sampling for a total set of approximately 9,000 accounts per quarter that are manually reviewed.”
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