Elon Musk buys Twitter
Editor/
Elon Musk has threatened to pull out of his deal to purchase Twitter as he accuses the social media giant of “resisting and thwarting” his right to information about spam and fake accounts on the platform.
He alleged Twitter was in a “clear material breach” of its obligations and he “reserves all rights” to terminate the merger agreement.
Earlier in March, Musk said he would put the deal “temporarily on hold,” while he waited for the company to provide data on the proportion of its fake accounts.
The SpaceX CEO also tweeted last month that he “cannot move forward” with his $44 billion purchase of the platform until he is provided the requested data.
Musk has speculated that spam bots could make up at least half of Twitter’s users, more than 10 times the company’s official estimate.
*MailOnline
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