Elon Musk wants Twitter to prove the share of fake accounts – The HuffPost

Demetrius Kambouris/Getty Images for the Met Museum/Vogue On the sidelines of the Twitter acquisition, Elon Musk challenged the social network to prove the share of active fake accounts there (archive photo taken May 2022 in New York).

Demetrius Kambouris/Getty Images for the Met Museum/Vogue

On the sidelines of the Twitter acquisition, Elon Musk challenged the social network to prove the share of active fake accounts there (archive photo taken May 2022 in New York).

REDEMPTION OF TWITTER – The series has been relaunched. This Saturday, August 6, Elon Musk challenged President Twitter To be discussed and proven publicly Share fake accounts On the social network, the sticking point that the American billionaire put forward for Withdraw offer to buyThrow legal battle.

“If Twitter simply presented its method of sampling 100 accounts and how they turned out to be real, the deal should continue on the original terms,” ​​Elon Musk wrote on Twitter on Saturday.

“However, if their statements to the SEC (the US stock market regulator) turn out to be materially false, this cannot be the case,” he cautioned.

A legal battle is expected in October

Elon Musk signed a $44 billion agreement to buy the social network, before it was broken unilaterally in early July. He believes that Twitter lied about the proportion of bot and random accounts on its platform, and even claimed that the social network was “fraudulent”, by deliberately increasing the number of monetized accounts.

“I challenge Parag Agrawal (Twitter CEO) to publicly discuss the percentage of fake accounts on Twitter,” the eccentric Tesla CEO tweeted as well. “Let him prove to the public that Twitter has less than 5% of fake or spam users per day,” he added.

a legal battle It has now been launched. The trial is scheduled to begin October 17 in the Delaware District Court, a court specializing in business law, and will last five days.

Twitter has already sued the richest man on the planet, to force him to keep his promise. The latter counterattacked in front of the same court, with a complaint asking the court to release him from the agreement and ordering Twitter to pay him damages. Previously, Twitter shareholders would meet on September 13 to allow or not this acquisition, which represents a significant added value for shareholders.

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