Twitter will reportedly give its full data stream to Elon Musk
of committing a “material breach” of the merger agreement by allegedly refusing to disclose enough information about fake accounts.
At the time, Twitter said it would “continue to cooperatively share information” with Musk as it worked toward completing the transaction. “We believe this agreement is in the best interest of all shareholders,” the company told, reiterating its statement from Monday. “We intend to close the transaction and enforce the merger agreement at the agreed price and terms.”
How many bots and fake accounts there are on Twitter is important to Musk because that number would have a significant impact on his ability to monetize the platform through ads. Musk has committed about $33 billion of his personal wealth to buy the company, and he’s required to go through with the deal unless he can show Twitter misled him or that its value has changed.
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