San Francisco, Aug 7: Amid the continuing authorized dispute over the $44 billion takeover deal to purchase Twitter, tech mogul Elon Musk has challenged the platform’s CEO Parag Agrawal to have a public debate on faux accounts and spam.
Whereas replying to a consumer who summarised his accusations, which included Twitter stonewalling Musk and giving him “outdated data” concerning the microblogging platform, the Tesla and SpaceX CEO wrote a “good summary of the problem”. Elon Musk vs Parag Agarwal: Tesla CEO, Twitter CEO Spar on Twitter Over Fake Consumer Accounts
“If Twitter simply provides their method of sampling 100 accounts and how they are confirmed to be real, the deal should proceed on original terms. However, if it turns out that their Securities and Exchange Commission (SEC) filings are materially false, then it should not,” Musk stated in a series of tweets.
“I hereby challenge Parag Agrawal to a public debate about the Twitter bot percentage. Let him prove to the public that Twitter has lesser than per cent fake or spam daily users!”
The tech billionaire additionally posted a ballot that requested the microblogging platform’s customers.
“Less than 5 per cent of Twitter daily users are fake/spam,” and throughout the first 5 hours of the polls, 66 per cent of the customers selected “Lmaooo No”.
In the meantime, Musk’s die-hard fan Pranay Pathole known as out SEC and wrote: “I wonder what’s SEC doing here? Are they even investigating these dubious claims that are made by Twitter?”
“Good question, why aren’t they?” Musk replied.
Twitter has filed an in depth response to Musk’s countersuit in opposition to the micro-blogging platform, saying his claims are “factually inaccurate, legally insufficient, and commercially irrelevant”.
In accordance with Musk, he was hoodwinked by Twitter into signing a $44 billion merger settlement.
“That story is as implausible and contrary to fact as it sounds. And it is just that — a story, imagined in an effort to escape a merger agreement that Musk no longer found attractive once the stock market — and along with it, his massive personal wealth — declined in value,” Twitter had stated in its authorized response filed within the Delaware Courtroom of Chancery within the US.
Musk’s legal professionals filed 90 pages of counterclaims within the court docket, and Twitter responded to them paragraph by paragraph.
The Tesla CEO, in his countersuit, stated that his motion arose out of Twitter’s misrepresentations concerning the situation of the corporate and the “key metrics” the platform makes use of to guage the variety of its customers.
(The above story first appeared on OKEEDA on Aug 07, 2022 09:22 AM IST. For extra information and updates on politics, world, sports activities, leisure and life-style, log on to our website latestly.com).
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