Elon Musk says Twitter deal can’t happen until bot account dispute is resolved

5/17/22
 
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from CNNBusiness,
5/17/22:

Elon Musk escalated a public feud with Twitter’s CEO early Tuesday, saying his acquisition of the social media company “cannot move forward” until he sees more information about the prevalence of spam accounts.

Without citing a source, Musk claimed in a tweet that Twitter is “20% fake/spam accounts” and suggested Twitter’s filings with the Securities and Exchange Commission were misleading. The company has said that less than 5% of its daily active users are spam accounts.
“My offer was based on Twitter’s SEC filings being accurate,” Musk tweeted. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%. This deal cannot move forward until he does." On Monday, Musk exchanged a series of tweets with Twitter CEO Parag Agrawal about the spam account issue.

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