In a continuation of the Elon Musk-Twitter saga, the Tesla CEO has challenged Twitter’s CEO Parag Agrawal to a public debate on the percentage of bots on the social media platform.
‘Let him prove to the public that Twitter has <5% fake or spam daily users!’ Musk said in a tweet on Saturday.
He also started a poll asking users whether less than 5% of Twitter daily users are fake/spam.
According to the final results of the poll, 64.9% of voters were not convinced by Twitter’s claim that less than 5% of Twitter’s daily users consisted of fake accounts.
On Thursday, Twitter dismissed a claim by Musk that he was hoodwinked into signing a $44 billion agreement to buy the company.
The 165-page countersuit document, made public by the Delaware Court of Chancery, claims that Twitter is lying about the number of active users on the platform and how many of them are bots.
Musk’s lawyers claim that this alleged fraud is contributing to a ‘Material Adverse Effect’ that should let him walk away from the deal they signed.
Less than 5% of Twitter daily users are fake/spam
Twitter issued a point-by-point response dismissing Musk’s counterclaims as a ‘made-for-litigation tale that is contradicted by the evidence and common sense’.
In the Twitter thread challenging Agrawal, Musk said that if Twitter could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his deal to buy the company should proceed on its original terms.
We already have a date for the Twitter v. Elon Musk trial, which is set to take place from October 17 to 21. A judge will rule on Twitter’s lawsuit against the billionaire for attempting to exit his agreement to buy the company.
Meanwhile, Twitter has set a date for a shareholder meeting where Musk’s $44 billion takeover offer will be voted upon.
At the meeting, shareholders will be asked to vote on a proposal to approve how much money Twitter might have to pay certain executive officers in connection with the buyout, according to a company filing.
Source: Read Full Article