Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

Twitter gives Elon Musk more data amid spam, fake account dispute: report

Twitter gives Elon Musk more data amid spam, fake account dispute: report

Musk has disputed Twitter's internal estimate that spam, fake accounts make up less than 5% of users

After handing over a "firehose" of user data earlier this month, Twitter has reportedly given Elon Musk even more.

Insider reports that Musk's legal team sent a letter to Twitter's board last week, claiming that the data received so far was "not adequate." Sources told the outlet that Musk was "unhappy" with the data received because his team was unable to perform their own tests to determine the percentage of spam and fake accounts.

The new data reportedly includes real-time API information, which Musk's team says will allow them to conduct their own analysis, according to Insider.


A Twitter spokesperson declined to comment directly on the report, but reiterated its previous statement that the social media giant "has and will continue to cooperatively share information with Mr. Musk to consummate the transaction in accordance with the terms of the merger agreement."

Representatives for Musk did not immediately return FOX Business' request for comment.

Musk, who entered into a $44 billion agreement in April to acquire Twitter and take the company private at $54.20 per share, has disputed the company's internal estimate that spam and fake accounts make up less than 5% of the platform's users.

Musk threatened to walk away from the deal earlier this month, claiming that the company breached its obligations under the merger agreement by "actively resisting and thwarting" his right to information on the spam and fake account data.

The billionaire said during the Qatar Economic Forum on Tuesday that a resolution to the dispute is "a very significant matter" and one of three hurdles currently preventing the deal from closing. The other two hurdles include shareholder approval and ensuring debt financing for the deal comes together.

Musk has pledged $33.5 billion in equity financing and has received commitments from Morgan Stanley Senior Funding Inc. and other financial institutions for up to $13 billion in debt financing.

Though Musk has previously expressed a willingness to renegotiate the deal for a lower price proportionate to the total percentage of spam and fake accounts, Twitter has said it believes the current agreement is in the best interest of its shareholders.

"We intend to close the transaction and enforce the merger agreement at the agreed price and terms," the company added.

On Tuesday, Twitter's board "unanimously recommended" that its shareholders vote to approve the acquisition.

Newsletter

Related Articles

0:00
0:00
Close
Unelected PM of the UK holds an emergency meeting because a candidate got voted in… which he says is a threat to democracy…
Farmers break through police barriers in Brussels.
Ukraine Arrests Father-Son Duo In Lockbit Cybercrime Bust
US Offers $15 Million For Info On Leaders Of Cybercrime Group Lockbit
Apple warns against drying iPhones with rice
Alexei Navalny: UK sanctions Russian prison chiefs after activist's death
German economy is in 'troubled waters' - ministry
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
Tucker Carlson says Boris Johnson wants "a million dollars, in Bitcoin or cash, from Tucker Carlson to talk about Ukraine.
Russia is rebuilding capacity to destabilize European countries, new UK report warns
EU Commission wants anti-drone defenses at Brussels HQ
Von der Leyen’s 2nd-term pitch: More military might, less climate talk
EU Investigates TikTok for Child Safety Concerns
EU Launches Probe Into TikTok Over Child Protection Under Digital Content Law
EU and UK Announce Joint Effort on Migration
Ministers Confirm Proposal to Prohibit Mobile Phone Usage in English Schools
Avdiivka - Symbol Of Ukrainian Resistance Now In Control Of Russian Troops
"Historic Step": Zelensky Signs Security Pact With Germany
"Historic Step": Zelensky Signs Security Pact With Germany
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Tucker Carlson grocery shopping in Russia. This is so interesting.
France and Germany Struggle to Align on European Defense Strategy
‘A lot higher than we expected’: Russian arms production worries Europe’s war planners
Greece Legalizes Same-Sex Marriage and Adoption Rights
Russia "Very Close" To Creating Cancer Vaccines, Says Vladimir Putin
Hungarian Foreign Minister: Europeans will lose Europe, the Union's policy must change drastically
Microsoft says it caught hackers from China, Russia and Iran using its AI tools
US Rejects Putin's Ceasefire Offer in Ukraine
The Dangers of Wildfire Smoke and Self-Protection Strategies
A Londoner has been arrested for expressing his Christian beliefs.
Chinese Women Favor AI Boyfriends Over Humans
Greece must address role in migrant vessel disaster that killed 600: Amnesty
Google pledges 25 million euros to boost AI skills in Europe
Hungarian President Katalin Novák Steps Down Amid Pardon Controversy
Activist crashes Hillary Clinton's speech, calls her a 'war criminal.'
In El Salvador, the 'Trump of Latin America' stuns the world with a speech slamming woke policing after winning a landslide election
Trudeau reacts to Putin's mention of Canadian Parliament applauding a former Ukrainian Nazi in his interview with Tucker Carlson.
The Spanish police blocked the farmers protest. So the farmers went out and moved the police car out of the way.
Volodymyr Zelenskiy fires top Ukraine army commander
Tucker Carlson's interview with Vladimir Putin raises EU concerns
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
Russia's Economy Expands by 3.6% Due to Increased Military Spending
Ukraine MPs Vote To Permit Use Of Dead Soldiers' Sperm
German Princess Becomes First Aristocrat To Pose Naked On Playboy Cover
UK’s King Charles III diagnosed with cancer
EU's Ursula von der Leyen Confronts Farmer Protests Amid Land Policy Debates
Distinguishing Between Harmful AI Media and Positive AI-Generated Content: A Crucial Challenge for the EU
Tucker Carlson explains why he interviewed Putin
Dutch farmers are still protesting in the Netherlands against the government, following the World Economic Forum's call for 'owning nothing.'
Hungarian Prime Minister Viktor Orbán stands up for European farmers and says, 'Brussels is suffocating European farmers.
×