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Tesla CEO Elon Musk has already said that his deal to buy Twitter cannot go ahead unless the company publicly shows evidence that more than five percent of fake or spam accounts on its platform are less.
micro blogging platform twitter social media platform ,Social Media Platform) as part of an attempt to pursue the acquisition of billionaire Elon Musk (Elon Musk) is planned to provide data related to crores of daily tweets without alteration. This information was given in many media reports. Tesla Chief Executive Officer (CEO) Elon Musk on April 21 submitted an offer to buy Twitter for $44 billion.
The lawyers associated with the case, however, did not give any details about the data sharing plan. Musk also did not say anything in this regard on Twitter, while he has always been giving information related to this agreement on this social media platform.
Twitter declined to confirm the news
Twitter also declined to confirm the news and referred to a statement issued on Monday in which the company said it was sharing information with Musk in a “collaborative manner.”
Earlier, Tesla CEO Elon Musk said his deal to buy Twitter could not go ahead unless the company publicly showed evidence that five percent of fake or spam accounts on its platform are less than.
Texas Attorney General Ken Paxton also announced on Monday the launch of an investigation into Twitter’s alleged failure to disclose information about its spam and fake accounts. The Washington Post first reported Twitter’s plan to give Musk full access to the figures, citing a person familiar with the matter. Other news suggested that the billionaire may only have partial access.
Musk postponed the deal last month
Billionaire entrepreneur Elon Musk said last month on May 13 that his proposed plan to buy Twitter for $44 billion was being “temporarily put on hold” until details about spam and fake accounts came out. Musk himself informed about the temporary halt of the deal in a message via Twitter. It is not clear, however, how much of a risk the details associated with the spam and fake accounts could pose to the deal to continue.
Elon Musk, a strong advocate of transparency in Twitter, has been talking about ridding the social media platform of fake accounts since its inception. It seems that Musk is trying to raise the question through this whether Twitter is under-reporting these accounts.