And the richest man in the world explained in a tweet via his Twitter account, which is followed by regarding 94 million users, that “the CEO of Twitter refused yesterday to prove that less than 5% of the accounts are fake,” adding that “the deal will not go forward until the president of the platform makes this decision.” step”.
Since he made his offer to take over the platform, which was approved by Twitter’s board of directors, Musk has demonstrated his desire to make the platform a bastion of freedom of expression, promising to remove spam, facilitate procedures for users to verify their accounts and increase transparency, without saying how to achieve this, according to Agence France-Presse explained.
In his tweet, Musk referred to the explanations provided by Twitter CEO Parag Aragwal regarding the measures taken by the company to combat spam and fake accounts. “Let me make the first of what’s certain: Spam harms the actual Twitter experience and can subsequently harm our company,” Aragwal tweeted over the weekend, adding that the social network “strongly encourages the detection and removal of as much spam as possible” and Everyone who says otherwise is simply wrong.”
Aragwal confirmed that the company suspends daily more than half a million fake accounts, and weekly millions of users who do not follow certain verification procedures, pointing to the difficulties that Twitter administrators sometimes face in distinguishing legitimate accounts from fake ones. Twitter reports that the proportion of fake accounts is well below 5%.
“We gave Musk an overview of the assessment process a week ago and look forward to continuing the discussion with him and all of you,” Agrawal said. The eccentric businessman responded to Aragwal with a tweet in which he posted an emoji symbolizing poo. In another tweet, he asked, “How do advertisers know what they’re getting paid for? This is a fundamental question for Twitter’s financial health.”
In a video intervention during a conference held last Monday, Musk indicated that the percentage of fake accounts on Twitter is not less than 20%, according to “Bloomberg” agency and tweets of people who were present at the meeting.
Last Friday, Musk announced the suspension of his acquisition of the platform that he wanted to buy for $44 billion, before retracting a few hours later, indicating that he was “still committed” to implementing the process. He tweeted Tuesday that “20% of accounts are fake and spam, which is four times the number confirmed by Twitter, but the actual number might be much higher.”
The company’s shares fell 3.5% in electronic transactions that precede the opening of the “Wall Street” stock exchange, while former President Donald Trump expected that Musk would not be able to complete the acquisition of “Twitter”, adding on his social networking platform “Truth Social”: “From It is impossible for Elon Musk to buy Twitter at such a high price, especially following realizing that it is a company that relies largely on fake accounts.”
“Without the penalty clause, Musk would have canceled the deal long ago,” Trump said in his statement, which has been retweeted thousands of times by his followers. Musk will have to pay a penalty clause of $1 billion if he cancels his agreement to buy Twitter for $44 billion, and Twitter will have to pay the same fine if it abandons the agreement, but the company can cancel the deal without a fine if it is not completed by 24 next October.
