The richest man and Tesla owner, Elon Musk, calls for a public discussion on bots with Twitter CEO, Parag Agrawal.
In a series of tweets, Twitter CEO Parag Agrawal discussed spam, bots, and platform manipulation. He forwarded the blog post “Bot or not? The facts about platform manipulation on Twitter”. Agrawal clarified the nature of these phrases and the way the business approaches them. The social networking site is “incentivized to detect and eliminate as much spam as possible,” he claimed. Furthermore, the CEO added that Twitter suspends more than 500,000 spam accounts per day—even before ordinary users of the site become aware of them. The richest man in the world, Elon Musk, promised to acquire Twitter for $54.20 per share (approximately Rs. 4,000), but he now wants to break the deal. He asserts that the business has broken the terms of the agreement by letting go of key executives and letting go of a sizable number of employees and that the business has failed to disclose sufficient information regarding the amount of phony or “spam bot” Twitter accounts.
On Saturday, Elon Musk used Twitter to challenge Parag Agrawal, the CEO of Twitter Inc., to a public discussion on the proportion of bots on the social media network. “Let him prove to the public that Twitter has <5% fake or spam daily users!”Musk remarked in a tweet. Elon Musk recently launched a Twitter survey asking followers whether they believe that less than 5% of everyday Twitter users are spam or false. This development comes after Elon Musk filed a countersuit against Twitter on July 29, intensifying his legal battle with the company over his attempt to revoke the purchase agreement, and Twitter on Thursday rejected Musk’s claim that he was duped into signing a $44 billion contract to buy the company, according to a Reuters report. The Tesla CEO, Elon Musk, whose estimated net worth is $223 billion makes him the richest person in the world, could break the deal because he believes he has sufficient information to assess the levels of fake accounts, according to a report published on Thursday in The Washington Post. Earlier on Saturday, according to the story, Musk stated that if Twitter could reveal how it selected 100 accounts for sampling and how it verified that the accounts are authentic, his agreement or contract to acquire the company should move forward as planned. According to an AP story, Elon Musk stated on Saturday that his $44 billion takeover of Twitter should proceed provided the company can disclose specifics about how it determines whether user accounts are those of actual people or spam bots. The social networking business was forced to file a lawsuit against the billionaire CEO of Tesla last month after he tried to renege on his April purchase agreement. Musk countersued, alleging that Twitter had misled his team about the size of its user base and other issues that amounted to contract fraud and fraud by false representation. According to the AP article, a trial between the two parties will take place in a Delaware court in October. Due to deteriorating market conditions and the acquisition no longer serving Musk’s interests, Twitter has claimed in court that Musk is consciously attempting to kill the agreement. His counterclaims are characterized in a court document filed on Thursday as “contradicted by the evidence and common sense” and “an imagined fiction.” Musk fabricates promises Twitter never made and then tries to use, selectively, the vast amounts of confidential information Twitter gave him to create a breach of those ostensible promises, according to company lawyers’ letter, according to an AP report.
According to the Financial Times, Agrawal and Musk are still friendly despite their back-and-forth. Both men allegedly agree that the corporation needs to dial back its content control strategy and diversify its revenue streams. According to a source, Musk is scheduled to speak Saturday at the Allen & Co. Sun Valley conference in Idaho, where it is anticipated that he will discuss the Twitter acquisition.