Tesla CEO declared he won't proceed with his $44-bn takeover of Twitter unless the social media giant can prove bots make up fewer than 5% of its users
Opening another front against Twitter CEO Parag Agrawal, Tesla CEO Elon Musk on Tuesday asked the US Securities and Exchange Commission (SEC) to probe whether Twitter's claim on the number of its user base is true.
The account, published in Twitter's proxy statement that outlines what shareholders need to know to vote on the deal, paints a picture of Musk in a rush to clinch a deal
While Musk tries his best to bring Trump back on Twitter, it is not easy for the former US President to join back the micro-blogging platform owing to the rules on his own social media platform.
Elon Musk's ties to China through his role as electric car brand Tesla's biggest shareholder could add complexity to his bid to buy Twitter.
On Friday Musk tweeted that his plan to buy Twitter was placed on temporary hold as he tried to pinpoint the number of fake accounts on the social media platform
Twitter CEO tried to dispel concerns around the presence of fake/spammy accounts in a Twitter thread, with data, facts, and context, as Musk questioned Twitter data on removing fake accounts last week
"You are being manipulated by the algorithm in ways you do not realise. Easy to switch back and forth to see the difference," Musk said in a tweet
Companies in Shanghai are only allowed to reopen if they can operate under such an arrangement, which requires workers to be isolated
"Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100!" tweeted Musk, chief executive of electric car maker Tesla Inc.
Tech billionaire Elon Musk on Sunday said that microblogging site Twitter's algorithm might be manipulating users and also suggested a solution for that.
Taking to a social media platform on Saturday (local time), Musk said: "Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100!."
It's been a messy few weeks for Twitter. One thing is certain: the turmoil will continue, inside and outside of the company
He tweeted: "To find out, my team will do a random sample of 100 followers of @twitter. I invite others to repeat the same process and see what they discover"
Agrawal said that regardless of the company's future ownership, Twitter will be improved as a product and business for customers, partners, shareholders, and all of the users
Most of the vapourisation is coming from investors abandoning Tesla. Their carp is that legal issues at Twitter might distract the maverick suitor
The company has estimated that false or spam accounts represented fewer than 5% of its monetizable daily active users
Elon Musk says his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts
Of the two, Musk's electric vehicle company has fared worse, with its stock down almost 16% so far this week to $728.
In a series of tweets Thursday, Kayvon Beykpour who is leaving after 7 years, said CEO Parag Agrawal asked me to leave after letting me know that he wants to take the team in a different direction.