Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spam bots’ or real people.
Musk, who has more than 100 million Twitter followers, went on to challenge Twitter CEO Parag Agrawal to a"public debate about the Twitter bot percentage.”
Twitter declined comment Saturday. The company has repeatedly disclosed to the Securities and Exchange Commission an estimate that fewer than 5% of user accounts are fake or spam, with a disclaimer that it could be higher. Musk waived his right to further due diligence when he signed the April merger agreement.
Twitter has argued in court that Musk is deliberately trying to tank the deal because market conditions have deteriorated and the acquisition no longer serves his interests. In a court filing Thursday,
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Elon Musk responds: Countersuit accuses Twitter of fraudElon Musk alleges that Twitter committed fraud and breach of contract. The billionaire offered to buy the social media company, then tried to back out by claiming Twitter was infested with “spam bots” and fake accounts.
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Elon Musk countersues Twitter, accusing company of fraudElon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he said held back necessary information and misled his team about its true user base.
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Elon Musk countersuit accuses Twitter of fraudElon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he said held back necessary information and misled his team about its true user base. twitter kprc2 click2houston elonmusk
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Elon Musk: Twitter deal could move ahead with 'bot' infoElon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are 'spam bots' or real people.
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Elon Musk says Twitter deal should move forward with more 'bot' infoTwitter has argued in court that Elon Musk is deliberately trying to tank the deal because market conditions have deteriorated and the acquisition no longer serves his interests.
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Elon Musk challenges Twitter CEO to a ‘public debate’ about botsMusk wants Parag Agrawal to prove how many bots are on Twitter.
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