Musk suggests he could pay less for Twitter because of bot numbers

  • 📰 mybroadband
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 67%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Elon Musk stoked speculation that he could seek to renegotiate his takeover of Twitter Inc., saying a viable deal at a lower price wouldn’t be “out of the question.”

Twitter shares fell 8.2% at the close of trading in New York. The stock has been dropping on speculation that Musk could walk away from the $44 billion acquisition.

That was the low end of his estimate on the number of bots on the network, and he asked rhetorically if it could be as high as 90%, according to a livestreamed“Currently what I’m being told is that there’s just no way to know the number of bots,” Musk said at the conference. “It’s like, as unknowable as the human soul.”

Over the weekend, he tweeted that he planned to do his own analysis of Twitter’s user base by using a random sample of 100 user accounts. Agrawal said Twitter manually checks thousands of accounts every quarter to determine how many should be counted as spam, but added that the process could not be conducted externally because of user privacy concerns.Musk replied to the CEO’s tweet thread by first asking why Twitter doesn’t just call users to verify their identity — and then by posting a poop emoji.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 11. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Twitter head hits back at Elon Musk, billionaire replies with poo emojiMusk said he would make getting rid of bots a priority if he owned Twitter I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to Allison_Grillo, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful Allison_Grillo thank you.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Elon Musk sows doubt over his $44bn Twitter takeoverElon Musk caused chaos over his takeover bid for Twitter on Friday, first claiming it was “temporarily on hold” and then maintaining he is “still committed” to the deal, sending the social media giant into a tailspin. Couple of months ago I came across a recommendation about Arnoldnike93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation Because he knows Twitter vastly underdeclated the number of bots, this is a lot more significant than people realise, remember people paid for advertising to advertise to real people on Twitter. Big corporations.
Source: SundayTimesZA - 🏆 47. / 51 Read more »

Elon Musk put Twitter buyout 'on hold.' He could be trying for a better price, preparing to scrap deal | BusinessinsiderElon Musk's proposed $44 billion acquisition of Twitter took another surprising turn Friday when the billionaire tweeted the deal was 'temporarily on hold' while he scrutinised the number of fake and spam accounts on the platform. | BISouthAfrica BISouthAfrica Old news BISouthAfrica Shop has sailed champ, he has on the same day announced that it's back on. U knew that right 🤔 BISouthAfrica Dear elonmusk in south africa we are living in a reversed apartheid system where whites are classed as second class citizens with the racial BEE laws. please help us to pressure the nationalists ANC government to reverse their business killing policies!&Farm Killings!
Source: News24 - 🏆 4. / 80 Read more »

Going rogue? Elon Musk shares 'life-changing' Twitter hack...Going rogue? Elon Musk shares 'life-changing' Twitter hack... Twitter users have welcomed the advice Elon Musk shared this week - changing the way Tweets appear on our feeds.
Source: TheSAnews - 🏆 25. / 59 Read more »

Twitter CEO explains why finding bots in a random sample of 100 users won't work. Elon Musk replies with poop emoji. | BusinessinsiderElon Musk's deal to buy Twitter is on hold due to spam accounts, but CEO Parag Agrawal disagrees with his plan to survey how bad the issue is. I think musk is on drugs
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Musk tells conference a lower price for Twitter might be appropriate - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Elon Musk suggested that a lower price for Twitter Inc may be appropriate as he and CEO Parag Agrawal quarreled over the company’s estimates of spam accounts on Monday, according to an attendee at a private conference where Musk was speaking.
Source: SABCNews - 🏆 37. / 51 Read more »