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Elon Musk continues to rail against Twitter bots, says company accused him of breaking NDA

Dow Jones2022-05-16

MW Elon Musk continues to rail against Twitter bots, says company accused him of breaking NDA

By Mike Murphy

Musk doubts Twitter's numbers, ponders if over 90% of service's daily active users are fake

Elon Musk continued to sound off about the actual number of automated bots and fake accounts on Twitter Inc. over the weekend, and said Twitter's legal team accused him of breaking a nondisclosure agreement.

On Friday, Musk tweeted that his $44 billion acquisition of Twitter was "temporarily on hold" while he investigated whether bots, spam and fake accounts actually make up less than 5% of the service's accounts, as Twitter has claimed. That sent Twitter shares (TWTR) sinking nearly 10% on the day.

Read:Opinion: Elon Musk is likely trying to get a lower price for Twitter

Later Friday, Musk tweeted that he was conducting a random sampling of 100 accounts to check how many were not legitimate, noting he used that number because "that is what Twitter uses to calculate

Hours later, he tweeted: "Twitter legal just called to complain that I violated their NDA by revealing the bot check sample size is 100! This actually happened."

The Tesla Inc. $(TSLA)$ chief executive again questioned Twitter's numbers in a tweet Sunday, saying "I have yet to see *any* analysis that has fake/spam/duplicates at later added "There is some chance it might be over 90% of daily active users, which is the metric that matters to advertisers."

-Mike Murphy

 

$(END)$ Dow Jones Newswires

May 15, 2022 19:02 ET (23:02 GMT)

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Comment3

  • LEEKONGYONG
    ·2022-05-16
    Hold
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  • Benny76
    ·2022-05-16
    The Twitter arbitrage opportunity just got interesting 🧐. Too risky for me but I'll be watching with my popcorn 🍿 
    Reply
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  • Linkbridge
    ·2022-05-16
    good
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