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Elon Musk stopped buying Twitter until they showed him the true number of fake accounts

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Elon Musk stopped buying Twitter until they showed him the true number of fake accounts

Elon Musk stopped buying Twitter until they showed him the true number of fake accounts

Elon Musk argued with Twitter’s CEO about fake social network accounts. Photo: Reuters

Tesla CEO Elon Musk said: can’t continue getting it on Twitter unless the company has shown that to the public less than 5% of platform accounts are fake or spam.

Musk made that comment in a response to another Twitter user on Tuesday morning. The executive spent most of Monday on a discussion with the CEO of Twitter, Parag Agrawal, who posted a series of tweets explaining his company’s efforts already fight the bots and how they consistently estimate that less than 5% of Twitter accounts are fake.

In his defense, the South African tycoon said that “20% of fake/spam accounts, although Twitter claims it four times, it could be more. My offer is based on the reliability of Twitter’s SEC offerings. “

He added: “Yesterday, the CEO of Twitter publicly refused to show proof of less than 5%. This deal cannot be continued until he does. ”

Parag Agrawal, CEO of Twitter, came out to answer Elon Musk.  Photo: Twitter

Parag Agrawal, CEO of Twitter, came out to answer Elon Musk. Photo: Twitter

In defense of the social network, CEO Parag Agrawal said that the platform suspend more than half a million accounts that looks fake every day, many times before they become public and each week blocks millions of supposed users on suspicion that they are accounts managed by a computer application.

Internal analysis shows that less than 5% of active accounts on an average day are classified as “spam”, but these accounts cannot be copied by third parties due to privacy requirements, he said.

Musk, who says “bots” are a plague on Twitter and he makes it a priority to remove them if he controls the platform, responded to Agrawal’s explanation in a tweet, with a shit icon.

Buy Twitter at a lower price, a possibility

Elon Musk, controversial in the networks.  Photo: AP

Elon Musk, controversial in the networks. Photo: AP

However, at a recent tech conference in Miami, Elon Musk estimated that at least 20% of Twitter’s 229 million accounts are spam botone percent he said was the most conservative threshold of his estimate, according to a Bloomberg News report.

At the All In Summit, the Tesla CEO made his strongest comment I want to pay less for Twitter that you offer $ 44 billion last month.

Musk said to reach an able deal with a lowest price is a possibility, according to a Bloomberg report, which said it followed a live broadcast of the conference shared by a Twitter user.

Musk’s comments are likely to inspire analysts ’theories that the billionaire wants destroy the deal or buy the company at a lower price.

His latest tweet was in response to a tweet from a Tesla website that thought Musk “might be asking for a better price on Twitter because $ 44 billion seems too high.”

Elon Musk wants to pay less than the $ 44 billion he proposed on Twitter.  Photo: AFP.

Elon Musk wants to pay less than the $ 44 billion he proposed on Twitter. Photo: AFP.

Webush Securities expert Dan Ives estimates that there is more than a 60% chance that Musk will end up leaving the deal and pays a penalty of one billion dollars to do so.

Musk offered on April 14 to buy Twitter for $ 54.20 per share. Shares of the platform have already fallen and are now about 8% lower at $ 37.39 at Monday’s close.

To finance the acquisition, he promised some of his shares to Tesla, even though they have lost a third of their value since the deal was announced.

With information from agencies.

SL

Source: Clarin

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