Twitter Succumbs to Musk's Fuss Over Bot Data

According to an anonymous source that spoke to the Post, the social network's board is planning to grant Musk access to its "firehose" real-time stream of tweets and accompanying data about them. In the past, the board denied Musk's request for data. The count made use of proprietary information and could not be disclosed, according to the CEO. The company has been accused of resisting and obstructing his information rights.

For over a month, the world's richest man has been in talks to purchase the micro-messaging service. He was concerned about the number of fake accounts on the site and demanded more proof of users. His legal team filed a letter with the SEC claiming that they were in violation of their contract by not giving all the requested data.

A company representative gave an interview.

Twitter has and will continue to cooperatively share information with Mr. Musk to consummate the transaction in accordance with the terms of the merger agreement. We believe this agreement is in the best interest of all shareholders. We intend to close the transaction and enforce the merger agreement at the agreed price and terms.

More than half a billion messages are posted every day. According to the Post, the company's heads don't think Musk will be able to find anything in the torrent of information that they don't know. The companies that pay for analysis have access to the data stream which includes information on user devices and accounts.

5% of the site's users are fake accounts, according to the site. Estimates of bot numbers are complicated and conflicting with higher bot prevalence. Musk was aware of the issues with fake accounts before making his offer.

The South African emerald heir is trying to back out of the deal since it is not a new problem. Musk is obligated to follow through on the offer if he can show that he has been deceived or that the value of the offer has changed.

The company's head lawyer told staff today that a shareholder vote is set for late July or early August, according to a report.

Regulators have been looking at the social networking site this week. The Attorney General of Texas announced on Monday that his office would investigate the prevalence of fake accounts on social media. The company hasn't complied with the committee's request for internal company communications.

There is a new update at 3:20 p.m. The post has been updated with new information.