Elon Musk May End $44 Billion Deal to Buy Twitter After Company Dissent About the amount of spam and fake accounts According to the details disclosed in thefile a complaintregulations on friday
Musk claims Twitter is not providing enough information about the number of spam accounts on Twitter.
“Twitter hasn’t provided the information Musk has requested for nearly two months. Despite repeated, detailed clarifications intended to simplify the identification, collection and disclosure of the relevant information Twitter requested in Musk’s original request,” the report states.
In a report filing in May, Twitter estimated that 5% of its accounts were fake.
However, if Elon Musk is the one canceling this purchase There could also be a problem, as the contract states that Twitter has the right to sue $1 billion in damages if termination. Because the company’s board has accepted Elon Musk’s purchase offer.
Elon Musk Looks to End his $44 Billion Twitter Acquisition Appears first on Bitcoin Addict.