Elon Musk says Twitter’s lack of bot information violates merger agreement – Orange County Register

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By Molly Schuetz | Bloomberg

Elon Musk said he believed Twitter Inc. violated their merger agreement by not providing information about the spam and fake accounts requested by the billionaire.

In an amended title filing on Monday, Musk said he believed Twitter was “actively resisting and frustrating his rights to information” by refusing to release the information.

Last month, Musk said he would not proceed with his $44 billion takeover of Twitter unless the social media giant could prove that bots make up less than 5% of its users.

Twitter CEO Parag Agrawal said the number of fake accounts was less than 5% when measuring daily users — a figure the company has previously cited in quarterly filings.

In Monday’s filing, Musk said he disagreed with Twitter’s assessment.

“Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies, whether through written documents or verbal explanations, is tantamount to denying Mr. Musk’s requests for data.” , according to the file. “Twitter’s effort to characterize it otherwise is merely an attempt to obfuscate and confuse the issue. Mr. Musk has made it clear that he does not believe the company’s lax testing methodologies are adequate. , so he had to do his own analysis, and the data he requested is needed to do that.

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