The council of the Californian group should provide the multi-billionaire “a flood of data including some 500 million tweets published each day”.
Twitter’s board finally relented, according to the Washington Post, and now plans to give Elon Musk access to the data montages needed to answer his questions about the number of fake accounts. On Monday, the boss of Tesla threatened in an official document to withdraw his offer to acquire the social network which, according to him, “actively resistto its requests for information on spam and robotic accounts, which the platform refuted.
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But the council of the Californian group should provide the multi-billionaire “a flood of data comprising the approximately 500 million tweets published each day“, perhaps as early as this week, according to an article in the American daily published on Wednesday. The Washington Post bases this information on an anonymous source familiar with the negotiations. Contacted by AFP, Twitter declined to comment.
$44 billion
Elon Musk filed a takeover bid for Twitter in April for $44 billion, after many twists and turns, from his entry into the capital without warning to a series of very critical messages from the social network. In mid-May, he announced that he was suspending the agreement with the board (before reaffirming his intention to buy the platform), expressing his doubts about the data transmitted by Twitter on spam and fake accounts, as well as the measures taken to limit its proliferation.
The buyout agreement obliges the entrepreneur to complete the transaction, unless he can prove that the social network cheated him or that a major event changes his value. Both parties have pledged to pay severance pay of up to $1 billion in certain circumstances. Twitter estimates that the number of fake accounts and spam on the social network represents less than 5% of its daily active users.
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But Elon Musk says the platform’s methodology is not “adequate» and that he must carry out his «own analysis“. On the New York Stock Exchange, Twitter’s stock hovered around $40 on Wednesday, a far cry from the $54.20 price offered by the world’s richest man in April.