Axar.az
UP

Musk threatens to walk away from Twitter deal

Home page Technology
12 Punto 14 Punto 16 Punto 18 Punto

Elon Musk has threatened to walk away from his $44bn takeover of Twitter, accusing the social media company of "thwarting" his requests to learn more about its user base.

Axar.az reports that in a letter filed with regulators, Mr Musk said he was entitled to do his own measurement of spam accounts.

The letter formalises a dispute that has simmered for weeks after Mr Musk declared the deal "on hold" pending further information.

Twitter has defended its estimates.

But Mr Musk has said he believes spam and fake accounts represent a far greater share than the less than 5% of daily users that Twitter reports publicly.

"As Twitter's prospective owner, Mr Musk is clearly entitled to the requested data to enable him to prepare for transitioning Twitter's business to his ownership and to facilitate his transaction financing. To do both, he must have a complete and accurate understanding of the very core of Twitter's business model - its active user base," lawyer Mike Ringler wrote in the letter.

Date
2022.06.06 / 21:55
Author
Axar.az
Comments
See also

Windows 10 and 11 have been banned in Russia

TikTok moves US user data to oracle servers

Huawei closes sales outlets in Russia

Apple workers set to begin first in-person union election

Biden to Musk: Lots of luck on his trip to the moon

The United States has fined Twitter $ 140 million

Elon Musk lost 49 billion

Siemens is leaving Russia completely

The Russians attack Starlink - Musk

Instagram introduces digital collectibles

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla