Elon Musk claimed in a stock filing on Monday that Twitter was “actively resisting” his requests for information about spam and fake accounts, which he sees as a clear violation of the social network’s obligations under its offer of redemption.
Reserved by Mr. Musk has all the resulting rights, including his right not to execute the transaction and his right to terminate the partnership agreementwas it written in a letter addressed to Twitter’s legal manager published on the American authority of the financial markets (SEC) site.
After filing an offer to buy the social network for $ 44 billion in April, Tesla’s multi-billionaire boss repeatedly questioned the data Twitter sent to unsolicited emails and fake accounts and the steps taken. to limit proliferation.
According to Twitter, these accounts are less than 5% of registered accounts.
Twitter’s latest offer to only provide additional details related to its testing procedures, whether through written documents or oral explanations, is tantamount to denying Musk’s claims for the data.is written in the letter.
However, it is also affirmed, the entrepreneur needs more information to prepare the transfer and finalize the financing of the operation.
After previous criticisms of Mr. Musk, the boss of social network Parag Agrawal split in mid -May a lengthy explanation of the steps taken to combat fake accounts.
Mr. Agrawal specifically indicated that Twitter numbers, according to which less than 5% of the platform’s accounts are fake, are based on multiple replications of human analysis of randomly selected accounts.
The strange businessman responded to these explanations with an emoji in the shape of shit.How do advertisers know what they’re really paying for? he also tweeted. This is a key question for Twitter’s financial health.
This new episode in the Twitter acquisition legend comes after the expiration, Friday, of the deadline given to American competition authorities to launch a thorough review of the operation. They did not retrieve the file, so left the field free to proceed with finalizing the transaction.
France Media Agency
Source: Radio-Canada
