The logo for Twitter appears above a trading post on the floor of the New York Stock Exchange, Monday, Nov. 29, 2021. (AP Photo/Richard Drew)
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The logo for Twitter appears above a trading post on the floor of the New York Stock Exchange, Monday, Nov. 29, 2021. (AP Photo/Richard Drew)
Twitter’s board will yield to Elon Musk’s demands that the company provide information on the number of fake accounts on the website as his purchase of Twitter remains pending, The reported Wednesday. The agreement could help put Musk’s deal to acquire Twitter for $44 million back on track after the billionaire threatened to put the process “on hold” unless the company could prove that bot accounts make up less than 5 percent of all users. The board will provide Musk its full data “firehose” of more than 500 million tweets posted daily, The Post reported, citing a person “familiar with the company’s thinking.” Axios also confirmed the data agreement. The Hill has reached out to Twitter on the reports. Musk did not immediately return a request for comment. The Post reported that the data includes a real-time record of tweets posted, the devices they come from and information about the accounts that post them, and could be provided to Musk as early as this week. DOE makes major loan to hydrogen energy project
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Musk made a filing with the Securities and Exchange Commission on Monday, claiming Twitter was “actively resisting and thwarting his information rights” under the acquisition agreement.
