Twitter, which is currently taking billionaire Elon Musk to court in order to force him to consummate the buyout deal of the company, has reportedly cited a tweet that was posted by Musk where he posted up a poop emoji to disparage them publicly.
If this doesn’t make you laugh out loud at the sheer absurdity of the situation, then you might want to check to see if you have a pulse. This is pure hilarity. Surely Twitter realizes this makes them look childish, petty, and just plain dumb, right?
According to a piece by The Daily Wire, a legal complaint filed by Twitter alleges that Musk has violated the $44 billion takeover agreement by disparaging the company. Musk threatened to quit the deal with the social media giant if they did not hand over information concerning bots and fake accounts on the platform.
“Musk’s questions regarding the way Twitter handled spam and fake accounts prompted Twitter CEO Parag Agrawal’s protestations claiming it was not possible for Twitter to determine which accounts are fake ‘on any given day,” the report said.
The billionaire tweeted he would make it a priority to remove “spam bots” from Twitter back in April. Then in the early part of May, Twitter said in a filing that false or spam accounts represented less than 5 percent of its monetizable daily active users between the months of January and March of the first quarter.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk posted on Twitter on May 13, going on to add, “The bots are angry at being counted.”
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
The bots are angry at being counted 🤣
— Elon Musk (@elonmusk) May 14, 2022
Then, on May 16, Agrawal put out a series of tweets in defense of Twitter, saying, “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.”
“Our actual internal estimates for the last four quarters were all well under 5% – based on the methodology outlined above. The error margins on our estimates give us confidence in our public statements each quarter,” Agrawal went on to say.
“Unfortunately, we don’t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can’t share),” he continued. “Externally, it’s not even possible to know which accounts are counted as mDAUs on any given day.”
This is the reply from Musk:
— Elon Musk (@elonmusk) May 16, 2022
“So how do advertisers know what they’re getting for their money? This is fundamental to the financial health of Twitter,” Musk then asked.
So how do advertisers know what they’re getting for their money? This is fundamental to the financial health of Twitter.
— Elon Musk (@elonmusk) May 16, 2022
A lawyer representing Musk made the allegation that Twitter was “in material breach of multiple provisions” of the takeover deal. The lawyer stated that Twitter did not provide Musk with the data he requested in order to ascertain the number of fake accounts that exist on the platform. Then, on Monday, attorneys for Twitter stated that Musk terminating the deal was “invalid and wrongful.”
The one thing that can be gleaned from this situation is that Elon Musk now lives rent free in the heads of the shareholders and workers at Twitter.
A lot of folks are wondering if this was all part of an elaborate plan by Musk himself in order to force the company to disclose the fake accounts on the platform. Maybe. He’s a smart guy.
This situation is just getting started.
This story syndicated with permission from michael, Author at Trending Politics
Notice: This article may contain commentary that reflects the author's opinion.
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