3/19/2023 0 Comments Twitter true game dataOne firm, Cyabra, said that Twitter could have up to 11% fake accounts or bots, while CounterAction claimed that 5.3% of Twitter users are bots. But during a hearing last week, Twitter’s lawyers said that the data scientists that Musk himself hired did not find this to be true. Twitter has long claimed that only about 5% of monetizable daily active users are fake accounts, but Musk has alleged on Twitter that this number might be closer to 20%. But after months of back-and-forth, Musk hasn’t been able to conjure conclusive evidence that Twitter had shared false or misleading information with him. Musk and his team had alleged that Twitter was in breach of their deal by lying about the percentage of bots on the platform. The Tesla and SpaceX CEO was slated to face off against Twitter in a trial beginning in less than two weeks. and adjourn the trial and all other proceedings related thereto.” Musk’s one stipulation? That the court “enter an immediate stay of the action, Twitter vs. The letter was also filed with the SEC, confirming Musk’s intentions to follow through on the deal’s original terms. “The intention of the Company is to close the transaction at $54.20 per share.” “We received the letter from the Musk parties which they have filed with the SEC,” a Twitter spokesperson confirmed to TechCrunch. After doing whatever he could to back out of his bid to buy Twitter for $44 billion, Elon Musk proposed to move forward with his initial offer of buying Twitter at $54.20 per share.īloomberg first reported that Twitter received a letter from Musk’s team on Tuesday with the news that the Tesla and SpaceX CEO wanted to get the deal back on track.
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