{"id":571248,"date":"2022-05-17T11:37:05","date_gmt":"2022-05-17T10:37:05","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=571248"},"modified":"2022-05-17T11:37:17","modified_gmt":"2022-05-17T10:37:17","slug":"musk-twitter-deal-bot-numbers","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/musk-twitter-deal-bot-numbers\/","title":{"rendered":"Musk Says the \u2018Deal Cannot Move Forward\u2019 Until Twitter Proves Its Bot Numbers Are Less Than 5%"},"content":{"rendered":"\n<ul><li>Musk says the deal is on hold until Twitter shows proof that bots make up less than 5% of the user base.<\/li><li>He also said that bots could make up 20% of the user base and could even be much higher.<\/li><li>The Twitter takeover has engendered much drama, and both the SEC and FTC are investigating Musk.<\/li><\/ul>\n\n\n\n<p>Elon Musk has posted an update on his Twitter takeover attempt, offering an ultimatum to Twitter. Tesla CEO tweeted on May 17 that he believed that the amount of fake or spam accounts on the platform could be much higher than the 20% he thinks it is. He said his offer was based on Twitter\u2019s SEC filings and pointed out that the company\u2019s CEO had not publicly shown proof of bots making up less than 5% of users.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">20% fake\/spam accounts, while 4 times what Twitter claims, could be *much* higher.<br><br>My offer was based on Twitter\u2019s SEC filings being accurate.<br><br>Yesterday, Twitter\u2019s CEO publicly refused to show proof of &lt;5%.<br><br>This deal cannot move forward until he does.<\/p>&mdash; Elon Musk (@elonmusk) <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1526465624326782976?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">May 17, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Musk will not go through with the deal unless that proof is shown. This adds yet another plot twist to the ongoing Twitter takeover drama, which has captured the world\u2019s imagination and set off discussions about its implications.<\/p>\n\n\n\n<p>The world\u2019s richest man sent shockwaves through the world when he first proposed buying Twitter and bought a large allotment of shares. The company did what it could to get a better deal on the takeover, adopting the \u201cpoison pill\u201d strategy.<\/p>\n\n\n\n<p>Musk came back with an offer, and the Twitter board <a href=\"https:\/\/en.ethereumworldnews.com\/twitter-is-evaluating-musks-43-billion-buyout-deal-report-says\/\" target=\"_blank\" rel=\"noreferrer noopener\">accepted $44 billion<\/a> for the transfer of power. Since then, there have only been more obstacles that have sent the Twitter stock through a roller coaster ride.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img width=\"1024\" height=\"557\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-1024x557.png\" alt=\"Twitter stock price\" class=\"wp-image-571253\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-1024x557.png 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-300x163.png 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-770x419.png 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-269x146.png 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21-746x406.png 746w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/05\/TWTR_2022-05-17_15-49-21.png 1209w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><figcaption>Twitter stock price: <a href=\"https:\/\/in.tradingview.com\/chart\/?symbol=NYSE%3ATWTR\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">TradingView<\/a><\/figcaption><\/figure><\/div>\n\n\n\n<p>The market crashed and fostered much discussion on whether it would still allow Musk to use shares in other companies to finance the bid. Musk, on his part, has remained firm that <a href=\"https:\/\/en.ethereumworldnews.com\/elon-musk-paused-the-43-billion-twitter-takeover-until-the-platform-confirms-the-number-of-spam-accounts\/\" target=\"_blank\" rel=\"noreferrer noopener\">spambots<\/a> are the biggest concern over the acquisition, an issue he has vowed to solve.<\/p>\n\n\n\n<h2>No End to Twitter Drama<\/h2>\n\n\n\n<p>The Twitter takeover bid by Musk has drawn in prominent figures from all over the world. He has received <a href=\"https:\/\/en.ethereumworldnews.com\/binance-500-million-twitter-takeover\/\" target=\"_blank\" rel=\"noreferrer noopener\">investment support<\/a> from multiple companies and individuals, including Binance and Saudi Arabia\u2019s Prince Al Waleed bin Talal.<\/p>\n\n\n\n<p>Musk is also <a href=\"https:\/\/beincrypto.com\/elon-musk-investigated-by-two-separate-agencies-over-twitter-acquisition\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">being investigated<\/a> by both the United States Securities and Exchange Commission (SEC) and the Federal Trade Commission (FTC) in two separate cases. Both investigations have to do with Twitter.<\/p>\n\n\n\n<p>Twitter CEO Parag Agrawal posted a tweet thread on spam, trying to provide some nuance to the discussion. The gist of it is that identifying spambots is difficult, though he did say that \u201cOur actual internal estimates for the last four quarters were all well under 5%.\u201d<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Unfortunately, we don\u2019t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can\u2019t share). Externally, it\u2019s not even possible to know which accounts are counted as mDAUs on any given day.<\/p>&mdash; Parag Agrawal (@paraga) <a href=\"https:\/\/twitter.com\/paraga\/status\/1526237589534953472?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\">May 16, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>But he does not believe that \u201cestimation can be performed externally, given the critical need to use both public and private information.\u201d Musk responded with a poop emoji.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Musk says the deal is on hold until Twitter shows proof that bots make up less than 5% of the user base. He also said that bots could make up 20% of the user base and could even be much higher. The Twitter takeover has engendered much drama, and both the SEC and FTC are investigating Musk. Elon Musk has posted an update on his Twitter takeover attempt, offering an ultimatum to Twitter. Tesla CEO tweeted on May 17 that [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":571249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[947,2],"tags":[1119,83,108521,268,1212],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571248"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/52"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=571248"}],"version-history":[{"count":3,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571248\/revisions"}],"predecessor-version":[{"id":571259,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/571248\/revisions\/571259"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/571249"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=571248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=571248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=571248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}