Twitter sues Elon Musk to hold him to $44 billion purchase deal

[Admin]

Twitter filed a lawsuit against Elon Musk on Tuesday (July 12) seeking to hold the SpaceX and Tesla chief to his agreement to buy the social media company for $44 billion.

Twitter sues Elon Musk to hold him to $44 billion purchase deal : Read more

 

[rod]

"Elon Musk has a different view of the matter, of course. Not long after announcing the planned acquisition, he said he would go through with it only if Twitter could show to his satisfaction that bots — fake or spam accounts — make up less than 5% of the platform's users.

In the back-out paperwork filed last week, Musk's lawyers wrote that "Twitter had failed or refused to respond to multiple requests for information on fake or spam accounts on the platform, which is fundamental to the company's business performance," according to Reuters(opens in new tab)."

Things are just getting started here it seems. *fake or spam accounts* - must be documented and accounted for, full disclosure.