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Finally —some movement in the Elon Musk-Twitter saga.
According to a report from Fox News, Twitter is ready to hand over the data on spam accounts Musk and his lawyers requested last month. Now the Tesla billionaire can confirm if Twitter’s 5-percent fake account number is legitimate.
From Fox News…
The social media giant has agreed to hand over a “firehose” of data comprising more than 500 million tweets posted each day, according to The Washington Post, citing an anonymous source familiar with the company’s thinking. The outlet notes that the data, which reportedly includes account information, a real-time record of tweets and the devices users tweet from, could be given to Musk as soon as this week. Currently, about two dozen companies pay to access the data.
The billionaire, who believes at least 20% of Twitter users are spam or fake accounts, has said his team would conduct its own random sampling to calculate the total percentage. He has also expressed a willingness to renegotiate the deal for a lower price proportionate to the total percentage.
Musk threatened to walk away from the deal on Monday, sending Twitter execs into high gear. Musk also accused Twitter of being in breach of their agreement.
“At this point, Mr. Musk believes Twitter is transparently refusing to comply with its obligations under the merger agreement, which is causing further suspicion that the company is withholding the requested data due to concern for what Mr. Musk’s own analysis of that data will uncover,” attorneys for Musk wrote in a letter filed with the Securities and Exchange Commission. “If Twitter is confident in its publicized spam estimates, Mr. Musk does not understand the company’s reluctance to allow Mr. Musk to independently evaluate those estimates.”
But now it sounds like Musk will get his data —and finally get to true number of bot accounts.
Twitter to give Elon Musk internal data on spam, fake accounts: report https://t.co/PlmUSxnoPu
— Fox News (@FoxNews) June 8, 2022