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Elon Musk Says He'll Scrap Twitter Buy Unless He Gets Clarity on Fake Account Volume - www.etonline.com - county Summit
etonline.com
17.05.2022 / 21:57

Elon Musk Says He'll Scrap Twitter Buy Unless He Gets Clarity on Fake Account Volume

Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than five percent 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 five percent of Twitter accounts are fake.In his tweet Tuesday, Musk said that «Twenty percent fake/spam accounts, while four times what Twitter claims, could be much higher.

Elon Musk Says Twitter Deal ‘Cannot Move Forward’ Until Company Proves Spam, Fake Account Numbers - variety.com
variety.com
17.05.2022 / 16:25

Elon Musk Says Twitter Deal ‘Cannot Move Forward’ Until Company Proves Spam, Fake Account Numbers

Todd Spangler NY Digital EditorIn the latest turn of Elon Musk’s will-he-or-won’t-he Twitter buyout saga, the billionaire is demanding hard proof of the social network’s assertion that less than 5% of its users are fake accounts or spam bots — and he said the deal cannot “move forward” until Twitter does so.Without citing any evidence for his claim, Musk tweeted that Twitter’s base could represent “20% fake/spam accounts,” four times what the company claims, and it “could be *much* higher.” He cited Twitter CEO Parag Agrawal’s reply Monday to Musk’s assertion about the fake/spam accounts, in which Agrawal said in part that “Unfortunately, we don’t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can’t share).” “My offer was based on Twitter’s SEC filings being accurate. Yesterday, Twitter’s CEO publicly refused to show proof of <5%.

Elon Musk Says Twitter Deal Off Unless Company Shows Proof Of Fake Account Data; Stock Falls Some More - deadline.com
deadline.com
17.05.2022 / 16:23

Elon Musk Says Twitter Deal Off Unless Company Shows Proof Of Fake Account Data; Stock Falls Some More

Elon Musk said overnight that his $44 billion acquisition of Twitter can’t move ahead unless the company backs up statements about the number of fake accounts on the platform, which the company has put at under 5%.

Elon Musk Says Twitter Deal Is 'Temporarily On Hold' - www.etonline.com
etonline.com
13.05.2022 / 18:07

Elon Musk Says Twitter Deal Is 'Temporarily On Hold'

Elon Musk said Friday that his planned $44 billion purchase of Twitter is «temporarily on hold» pending details on spam and fake accounts on the social media platform, another twist amid signs of internal turmoil over the proposed acquisition.In a tweet, the Tesla billionaire linked to a Reuters story from May 2 citing a financial filing from Twitter that estimated false or spam accounts made up fewer than 5% of the company's «monetizable daily active users» in the first quarter.«Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,» Musk said, indicating he's skeptical that the number of inauthentic accounts is that low.A short time later on Friday morning, Musk tweeted that he remains committed to the purchase. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuynIt wasn't clear whether the issue could scuttle the deal. Shares of both Twitter and Tesla swung sharply in opposite directions, with Twitter's stock tumbling 17% to $37.20 before trading opened in the U.S, and Tesla, which Musk had proposed using to help fund the Twitter deal, jumping 5%.

Twitter’s Spam/Bot Boilerplate, Which Elon Musk Says He’s Paused Deal Over, Goes Back Nearly a Decade - variety.com
variety.com
13.05.2022 / 17:23

Twitter’s Spam/Bot Boilerplate, Which Elon Musk Says He’s Paused Deal Over, Goes Back Nearly a Decade

Todd Spangler NY Digital EditorIs Elon Musk getting cold feet over his $44 billion bid for Twitter — or is he just trying to drive the price tag down?Early Friday, the mega-billionaire tweeted that his deal for the social network was “temporarily on hold,” citing the need to conduct due diligence on Twitter’s claim that fake and spam accounts represent less than 5% of its active user base. He linked to a Reuters story based on Twitter’s latest quarterly 10-Q with the information.However, that disclosure has been in Twitter’s SEC filings for years — literally since the company first went public in 2013.

Elon Musk Puts Twitter Deal On Hold - Here's Why - www.justjared.com
justjared.com
13.05.2022 / 17:07

Elon Musk Puts Twitter Deal On Hold - Here's Why

Elon Musk has announced that he has paused his deal to buy Twitter for $44 billion.

Elon Musk Says Twitter Deal “On Hold” Following Spam Account Revelation - deadline.com
deadline.com
13.05.2022 / 13:33

Elon Musk Says Twitter Deal “On Hold” Following Spam Account Revelation

Elon Musk has said his $44BN deal for Twitter is “temporarily on hold” as he awaits details on the social media platform’s revelation that fewer than 5% of its monetizable daily active users are false or spam accounts.

Twitter Deal ‘Temporarily on Hold,’ Says Elon Musk - variety.com - Ukraine
variety.com
13.05.2022 / 13:15

Twitter Deal ‘Temporarily on Hold,’ Says Elon Musk

Naman Ramachandran The Twitter deal is temporarily on hold, billionaire Elon Musk posted on Friday.“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk posted on Twitter.Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn— Elon Musk (@elonmusk) May 13, 2022In the tweet, Musk provided a link to a May 2 Reuters article quoting Twitter’s filing on Monday. “Twitter Inc estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter,” the Reuters piece said.Musk has been vocal about cleaning the platform of spam bots.

Elon Musk Says He Would Reverse Twitter’s Ban Of Donald Trump - etcanada.com
etcanada.com
11.05.2022 / 05:19

Elon Musk Says He Would Reverse Twitter’s Ban Of Donald Trump

Elon Musk said Twitter would reverse its ban of former President Donald Trump if his purchase of the social media company goes through, signaling just how permissive the platform could become toward free speech under his ownership.

Elon Musk Says He Would End Twitter’s Ban on Donald Trump - deadline.com
deadline.com
10.05.2022 / 21:19

Elon Musk Says He Would End Twitter’s Ban on Donald Trump

Elon Musk confirmed what has been speculated since he reached a deal to buy out Twitter: He’d allow Donald Trump to return to the platform.

Elon Musk Says He Would Reverse Twitter’s Donald Trump Ban - variety.com
variety.com
10.05.2022 / 21:03

Elon Musk Says He Would Reverse Twitter’s Donald Trump Ban

Todd Spangler NY Digital EditorCould Donald Trump return to Twitter after all?Elon Musk, who has reached a $44 billion deal to acquire Twitter, said the social network’s permanent ban on the 45th U.S. president was a “morally bad decision” — one that he would overturn, if Musk successfully closes the deal.Twitter’s ban of Trump “was a mistake because it alienated a large part of the county and did not ultimately result in Donald Trump not having a voice,” Musk said, speaking at a Financial Times automotive conference, as reported by the Wall Street Journal.Musk also said, “If there are tweets that are wrong and bad, those should be either deleted or made invisible, and a suspension — a temporary suspension — is appropriate, but not a permanent ban.” Trump has insisted he wouldn’t rejoin Twitter regardless of who owns it.

Elon Musk Says “Expectations” Of Twitter Employees Will Be “Extreme” Following Takeover - deadline.com
deadline.com
08.05.2022 / 05:35

Elon Musk Says “Expectations” Of Twitter Employees Will Be “Extreme” Following Takeover

Elon Musk took to Twitter on Friday to offer a sense of his vision for the social media platform, after the acquisition goes through, also offering a sense of what its employees can expect, with regard to work life under his leadership.

Elon Musk Says Twitter Might Charge Companies, Governments Fees to Use the Social Service - variety.com
variety.com
04.05.2022 / 17:05

Elon Musk Says Twitter Might Charge Companies, Governments Fees to Use the Social Service

Todd Spangler NY Digital EditorElon Musk, the mega-billionaire Twitter power user who last week clinched a deal to acquire the company, has floated a new idea for the social network make money.Musk on Tuesday posted that Twitter may impose “a slight cost” for companies or government accounts to use the service, without elaborating.“Ultimately, the downfall of the Freemasons was giving away their stonecutting services for nothing,” Musk tweeted. “Twitter will always be free for casual users, but maybe a slight cost for commercial/government users.”To be sure, it’s just Musk spitballing at this point about what may happen once he closes the $44 billion deal to buy Twitter.

Tesla Shares Move Higher After CEO Elon Musk Says He Has Wrapped $8.5B In Stock Sales To Fund Twitter Acquisition - deadline.com
deadline.com
29.04.2022 / 20:15

Tesla Shares Move Higher After CEO Elon Musk Says He Has Wrapped $8.5B In Stock Sales To Fund Twitter Acquisition

Tesla stock has reversed its slump after Elon Musk said he is finished selling stock in the electric vehicle firm he runs as CEO in order to fund his pending $44 billion acquisition of Twitter.

Elon Musk Sells $8.4 Billion in Tesla Stock to Fund Twitter Takeover - variety.com
variety.com
29.04.2022 / 17:01

Elon Musk Sells $8.4 Billion in Tesla Stock to Fund Twitter Takeover

Todd Spangler NY Digital EditorUPDATED: Elon Musk this week reaped $8.4 billion in a series of stock sales of Tesla, the electric car company he heads, evidently as part of raising money for his $44 billion deal to buy Twitter.Musk, , the world’s richest individual, sold more than 4.4 million shares of Tesla on April 26 and 27 at various prices of about $870-$1,000 per share, according to SEC insider transaction filings Thursday. Additional disclosures Friday showed that he sold another 5.4 million Telsa shares on April 28.

Elon Musk Says Twitter Suspension of NY Post Was ‘Incredibly Inappropriate’ - variety.com - New York - China - New York - Ukraine - state Delaware
variety.com
27.04.2022 / 19:15

Elon Musk Says Twitter Suspension of NY Post Was ‘Incredibly Inappropriate’

Todd Spangler NY Digital EditorElon Musk, who’s set to become Twitter’s sole owner, is prohibited from posting tweets that “disparage” the social network.But that didn’t stop Musk, the CEO of Tesla and SpaceX and the world’s richest person, from criticizing Twitter’s 2020 decision to freeze the account of the New York Post, after the paper published unverified stories about Hunter Biden.“Suspending the Twitter account of a major news organization for publishing a truthful story was obviously incredibly inappropriate,” Musk tweeted Tuesday evening.That was in reply to a post by Saagar Enjeti, political commentator and co-host of “Breaking Points,” which linked to a story by Politico describing how Vijaya Gadde, Twitter’s head of legal, policy and trust, and safety — the exec who oversaw the company’s suspension of the New York Post — cried during a meeting with staffers discussing Musk’s takeover. In October 2020, Twitter blocked the New York Post’s account for 16 days over the newspaper’s series of disputed stories on Hunter Biden, in what became a flashpoint for Republicans charging Twitter with censorship of conservatives.

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