One of the biggest moves in the tech world this year was the attempted acquisition of Twitter by Elon Musk, the CEO of Tesla and SpaceX, in a bid he soon withdrew due to problems with the largest set of fake accounts. on the platform.
All seemed to be going well, however, when Musk said in mid-April that he would buy Twitter for $44 billion, but earlier last month the chief executive withdrew the offer, prompting Twitter to sue Musk, with the latter countersuing.
What made Musk change his mind is that Twitter failed to show that fake accounts account for less than 5% of total Twitter users.
Good generalization of the problem.
If Twitter simply provides its method of sampling 100 accounts and confirming that they are real, the deal should continue on the original terms.
However, if it turns out that their SEC filings are essentially false, it shouldn’t be.
— Elon Musk (@elonmusk) August 6, 2022
And that’s what Musk thinks that at least 10% of active Twitter users are not genuinealso claims in its counterclaim that out of 229 million daily active users, 28% do not see any ads.
The trial is set for October, and Musk’s lawyers noted that “Twitter incorrectly counted the number of fake and spam accounts on its platform to mislead investors about the company’s prospects. The revelations on Twitter crumbled, shutting the doors to information in a desperate attempt to prevent Musk’s parties from discovering their fraud.“.
But Elon Musk is not completely closed to the eventual acquisition of Twitter for that $44 billion, and the fact is that he recently posted a tweet indicating that if Twitter can provide a sampling method that demonstrates that their accounts are real, the acquisition for $44 billion dollars will continue.
With this move, Musk may intend to lower his offer in order to finally take the platform or pull out of the original deal, which looks unlikely to materialize due to recent moves.
Source: Computer Hoy

I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.