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Musk threatens to walk away from Twitter deal over high fake user count

Tuesday May 17, 2022. 01:14 PM , from AppleInsider
Elon Musk insists that the $44 billion deal for Twitter cannot continue — or the price should be lowered — unless Twitter proves claims that fake users are less than 5% of all accounts.After Musk temporarily put the deal to buy Twitter on hold on Friday over Twitter's claim that fewer than 5% of its accounts on the service are fake, relations between the different parties haven't improved over the following days.On Monday, Twitter CEO Parag Agrawal tweeted a thread about Twitter spam, seemingly in response to Musk's assurance that the 5% figure was realistically closer to 20%. In the thread, Agrawal explained about the complexities of catching spam and reviewing it, as well as an assertion that Twitter's 'actual internal estimates for the last four quarters were all well under 5%,' using internal data. Read more...
https://appleinsider.com/articles/22/05/17/musk-threatens-to-walk-away-from-twitter-deal-over-high-f...

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