Elon Musk puts Twitter buy in doubt again – poca Negócios

Musk Failed to Avoid SEC for Tweet About Tesla

Billionaire Elon Musk (Photo: Hype/GPU Technology Conference)

billionaire Elon Musk questioned again on the purchase of Twitter And said the operation would not proceed until the social network proved that fake and spam accounts represented less than 5% of active users.

In a tweet published on Tuesday (17), the Tesla owner said that his $44 billion offer for 100% of the shares was based on the accuracy of documents filed by Twitter with the Securities and Exchange Commission (SEC, for short). ), the US equivalent of the Securities and Exchange Commission (CVM).

“Yesterday, the CEO of Twitter declined to publicly show evidence of less than 5%. The deal cannot proceed until he proves it,” wrote Musk, who speculates that The presence of fake accounts and spam can exceed 20%. ,

“Looks like Twitter should get an outside review if its claims are true,” reinforced the billionaire in another tweet.

Last Monday (16) the social network’s CEO Parag Aggarwal had said that estimates of fake profiles issued by the company cannot be “externally” verified due to the need to use “public and confidential” information. Musk replied with a poop emoji.

Controversy over the number of fake accounts has already led to the billionaire temporarily suspending the deal to buy Twitter, despite promises that he is “committed” to the deal. This erratic stance has caused the social network’s shares on Wall Street to fall more than 20% over the past five days.

See also  Brazil returns to top 10 ranking of world's largest economies

About the author: Sarah Gracie

"Proud social media buff. Unapologetic web scholar. Internet guru. Lifelong music junkie. Travel specialist."

Related Posts

Leave a Reply

Your email address will not be published.