Musk has a message for the social media network he once coveted, but now comments on with a poop emoji, if they prove to him that the number of fake accounts is less than 5%. Yesterday, the CEO of the company refused to show proof. The richest man in the world had sparred with the CEO of the social network about the prevalence of automated accounts. The tech magnate said that his initial offer was based on the Securities and Exchange Commission's filings being accurate.
Insinuating that he may be looking to get a lower price, Musk has continued to doubt whether his proposed acquisition of Twitter would go forward as planned. Tech companies have taken a beating on the stock market in recent weeks, so his desire to push down the price of the planned acquisition isn't entirely surprising. Forbes estimated in April that Musk is worth $219 billion, but he will be on the hook for $1 billion if the deal is scuttled.
According to a claim company, Musk believes that at least 20% of users are fake. In a closed door session at the All-In Summit in Miami on Monday, Musk reportedly said that a deal to buy Twitter for a lower price was not out of the question.
The billionaire's mention of proof was in reference to the explanation posted on Monday. The estimate that less than 5% of users are spam bots was stated by the man. The factors taken into account by the human reviewers are: the account's address, phone number, client and browser signatures, and what it does when it's active.
The analysis considers both public and private data, which is important because many people may think that FirstnameBunchOfNumbers with no profile pic is a bot.
The critical need to use both public and private information makes it hard for us to perform this specific estimation outside.
Musk responded to the explanation with the poop symbol. He asked the CEO if he had tried to verify if people were bots. The total number of users on the micro-messaging service is 229 million.
Since Friday, when he announced that the deal was temporarily on hold, he's been fixated on the amount of fake accounts and bots on the site.
onlookers in the tech and financial sectors have speculated that Musk might be looking for a way out of the deal or trying to push the price down. He might have been scared off by the 34% fall in the stock of the company since he said he was going to buy it.
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