Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5 per cent of the accounts on the social media platform are fake or spam.
Musk made the comment in a reply to another user on Twitter early Tuesday.
He spent much of the previous day in a back-and-forth with Twitter CEO Parag Agrawal, who posted a series of tweets explaining his company's effort to fight bots and how it has consistently estimated that less than 5 per cent of Twitter accounts are fake.
In his tweet Tuesday, Musk said that 20 per cent fake/spam accounts, while 4 times what Twitter claims, could be much higher. My offer was based on Twitter's SEC filings being accurate.
Read More : https://www.business-standard.com/article/international/doubt-about-spam-accounts-could-scuttle-twitter-deal-says-elon-musk-122051700705_1.html
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