Elon Musk offered to buy Twitter for $44 billion. Musk now wants to halt Twitter buyout until the company proves there are 5 per cent bots on the platform. he also plans to buy Twitter at a lower price.
Elon Musk says he will not take the Twitter deal forward until the company proves that it has less than 5 per cent spam accounts on the platform. As opposed to Twitter CEO Parag Agrawal, Musk recently claimed that the microblogging site at least consists of 20 per cent spam bots.
First, let me state the obvious: spam harms the experience for real people on Twitter, and therefore can harm our business. As such, we are strongly incentivized to detect and remove as much spam as we possibly can, every single day. Anyone who suggests otherwise is just wrong.
Twitter CEO Parag Agrawal said that Twitter suspends “over half a million spam accounts every day, usually before any of you even see them on Twitter”. “We also lock millions of accounts each week that we suspect may be spam if they can’t pass human verification challenges (captchas, phone verification, etc).”
Elon Musk is currently the world’s richest man with a net worth of $221.5 billion, much of it coming from Tesla stock, according to Forbes.
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