Elon Musk claims in a share release released on Monday that Twitter “actively resistspam իր requests for information about fake accounts, which he considers a clear violation of the obligations of the social network with his offer to buy.
«Elon Musk reserves all rights arising, including the right not to enter into a transaction and the right to terminate the merger agreement.This is stated in a letter to the legal manager of Twitter, which was published on the website of the US Financial Markets Authority (SEC). After offering to buy the social network for $ 44 billion in April, the multibillionaire leader of Tesla has repeatedly questioned the measures taken by Twitter to restrict the spread of spam “data transferred to fake accounts”.
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According to Twitter, these accounts make up less than 5% of registered accounts. «Twitter’s latest offer to simply provide additional details to its testing methodologies through written documents or oral explanations is tantamount to denying Elon Musk’s data.– It is written in the letter. However, it is confirmed that the entrepreneur needs more information to prepare for the transition and complete the financing of the operation.
After the previous criticism of Elon Musk, the head of the social network Parag Agraval in mid-May gave a long explanation of the measures taken to combat fake accounts. Parag Agraval especially noted that the Twitter numbers, according to which less than 5% of the platform’s accounts are fake, were “Based on multiple iterations of human analysis of accounts selected at random«. The capricious entrepreneur responded to these explanations with a puffy emoji. «How can advertisers know what they are actually paying for?“, He wrote in his tweets. «This is a fundamental issue for Twitter’s financial health.»
This new episode of the Twitter capture saga comes after the deadline for US competitors to begin a thorough investigation into the action on Friday. They did not take the case, thus leaving the field to continue the final completion of the transaction.
Source: Le Figaro
I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.