Elon Musk has appeared to waste no time before violating his merger agreement with Twitter.
The battle over spam accounts kicked off last week when Musk tweeted that the Twitter deal was on on hold pending confirmation of the company’s estimates that they make up less than 5% of total users.he would like to pay less for TwitterMusk’s comments are likely to bolster theories from analysts that the billionaire either wants out of the deal or to buy the company at a cheaper price.
Musk made the offer to buy Twitter for $54.20 per share on April 14. Twitter shares have slid since then. They were down slightly in Tuesday morning trading to $37.28.Concern that Elon Musk would walk away from or seek to alter his $44-billion deal to buy Twitter has grown as he has questioned the company’s user data.
In tweets on Monday, Agrawal acknowledged Twitter isn’t perfect at catching bots. He wrote that every quarter, the company has made the estimate of less than 5% spam. “Our estimate is based on multiple human reviews of thousands of accounts that are sampled at random, consistently over time,” Agrawal wrote.
Good. Nobody wants that creep to buy TwitTwit anyway. Personally, I 'd like to see him leave for Mars. Soonest.
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