Aug 14, 2022
Elon Musk’s lawyers say Twitter is hiding the identities of key staff who calculate bot numbers, the main sticking point in the $44 billion deal, reports say
Posted by Kelvin Dafiaghor in categories: cybercrime/malcode, Elon Musk, finance, law, robotics/AI
The number of bots and spam accounts on the platform has been a sticking point for Musk throughout the deal. After months of back and forth, Musk’s issues with spam accounts eventually led him to publicly pull out of the $44 billion deal.
Last month, Musk accused Twitter of withholding information about the number of bots on the platform, later citing it as the reason for withdrawing his bid.
Musk’s lawyers claimed in a termination letter that his analysis indicated the percentage of false accounts on Twitter was “wildly higher than 5%” — the number Twitter disclosed in its financial reports.