Elon Musk Says <br />Twitter Deal , ‘Cannot Move Forward’, Until It Proves <br />Bot Numbers.<br />Elon Musk Says <br />Twitter Deal , ‘Cannot Move Forward’, Until It Proves <br />Bot Numbers.<br />'The Guardian' reports that Musk took to Twitter on May 17 to say that his deal to buy the company can't progress without proof that less than 5% of platform users are fake accounts.<br />'The Guardian' reports that Musk took to Twitter on May 17 to say that his deal to buy the company can't progress without proof that less than 5% of platform users are fake accounts.<br />'The Guardian' reports Twitter has filed new transaction details with the Securities and Exchange Commission (SEC) because it still wants to go through with the deal.<br />'The Guardian' reports Twitter has filed new transaction details with the Securities and Exchange Commission (SEC) because it still wants to go through with the deal.<br />Twitter is committed to <br />completing the transaction <br />on the agreed price and <br />terms as promptly <br />as practicable, Twitter, via statement, as reported <br />by 'The Guardian'.<br />Twitter CEO Parag Agrawal took to the platform on May 16 and issued a lengthy thread in an attempt to address Musk's concerns.<br />The hard challenge is that many accounts which look fake superficially are actually real people. And some of the spam accounts which are actually the most dangerous – and cause the most harm to our users – can look totally legitimate on the surface, Parag Agrawal, Twitter CEO, via Twitter.<br />After explaining the problem "with the benefit or data, facts, and context," Musk replied with a poop emoji.<br />Musk's comments have only fueled speculation that he's either going to walk away from the deal or try to negotiate a new takeover agreement at a lower price.<br />'The Guardian' reports that on May 17, Twitter shares were at $37.39, well below Musk's bid to take over the company at $54.20 a share
