Elon Musk Challenges Twitter"s CEO to Public Debate on Fake Accounts and Spam Bots
Tesla and Spacex CEO Elon Musk has challenged Twitter’s CEO to a public debate over the platform’s fake accounts and spam bots. A recent poll conducted by Musk showed that nearly 65% of respondents do not believe that less than 5% of Twitter daily users are fake or spam. Musk Challenges Twitter’s CEO to Public Debate
Tesla CEO Elon Musk has challenged Twitter CEO Parag Agrawal to a public debate about fake and spam accounts on Twitter. “Let him prove to the public that Twitter has less than 5% fake or spam daily users,” Musk wrote Saturday.
The percentage of spam and fake accounts on Twitter has been material in the Tesla CEO terminating his $44 billion bid to buy the social media platform.
Twitter has sued Musk to force him to go through with the buyout deal. The Spacex boss subsequently filed a countersuit, accusing Twitter of fraud. Musk’s Twitter Poll on Fake/Spam Users
Musk put up a 24-hour Twitter poll Saturday asking his 103 million followers if they think that less than 5% of Twitter daily users are fake or spam. A total of 822,766 votes were counted: 64.9% picked “no.”
While Twitter claims that less than 5% of its daily users are fake or spam accounts, Musk disagreed and has been trying to obtain data from the social media giant to conduct his own analysis with no success.
Musk explained: “All indications suggest that several of Twitter’s public disclosures regarding its mDAUs are either false or materially misleading … The proportion of false and spam accounts included in the reported mDAU count is wildly higher than 5%.”
Twitter defines mDAUs (monetizable daily active users) as “users who logged in and accessed Twitter on any given day through Twitter.com or Twitter applications that are able to show ads.” Twitter’s disclosures include those filed with the U.S. Securities and Exchange Commission (SEC). ‘Materially False’ SEC Filings
Musk claims that Twitter provided him with outdated data, offered a fake data set, and then provided a clean data set where they already suspended the malicious accounts.
The Tesla CEO tweeted Saturday: If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms. However, if it turns out that their SEC filings are materially false, then it should not.
Musk detailed in his countersuit that three days after he signed the agreement to buy Twitter, the social media company “restated and publicly disclosed that the mDAU figures in the 2021 10-K were false and that Twitter had overcounted mDAU by up to 1.9 million in each quarter.” Tags in this story Elon Musk, elon musk buys twitter, Elon Musk fake accounts, Elon Musk fake scam, Elon Musk fake spam, Elon Musk lawsuit twitter, Elon Musk spam, elon musk spam bots, elon musk twitter, Elon Musk twitter acquisition
Do you believe that less than 5% of Twitter daily users are fake or spam? Let us know in the comments section below. Kevin Helms
A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography. Elon Musk Accuses Twitter of Fraud in Countersuit Over $44B Deal — Twitter Subpoenas Binance and Other Firms FEATURED | 2 days ago Rainbows, Log Charts, and S2F: Bitcoin"s 2022 Bear Market Has Broken the Community"s Most Popular Price Models FEATURED | 4 days ago
Image Credits: Shutterstock, Pixabay, Wiki Commons, lev radin Previous articleFederal Reserve Governor Supports More 75bps Rate Hikes Citing ‘Significant Risk of High Inflation Into Next Year’ Next articleColombians Make Up 20% of the Customers of New Gen Crypto-Powered Accounts According to BBVA Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItNFT Sales Volume Saw a Small Uptick This Week — Moonbirds, Mutant Apes Take Top Sales
Non-fungible token (NFT) sales saw a small uptick over the last week as $658.4 million in NFT sales were recorded, up 3.35% in seven days. Out of 15 blockchains, Polygon-based NFT sales saw the largest increase in volume, jumping 106.68% ... read more.Goldman Predicts US Recession Odds at 35% in 2 Years, John Mauldin Wouldn"t Be Surprised if Stocks Fell 40% FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Survey: Adoption in Argentina Grows, With 12 out of 100 Adults Having Invested in Crypto