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Elon Musk thinks it’s more than Twitter says and demands 25% off purchase

  • May 23, 2022
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Elon Musk wants to reduce the price of Twitter. (Photo: Newspaper) Elon Musk You have stated that you would like to receive a discount on your purchase offer

Elon Musk thinks it’s more than Twitter says and demands 25% off purchase
Elon Musk wants to reduce the price of Twitter.  (Photo: Newspaper)
Elon Musk wants to reduce the price of Twitter. (Photo: Newspaper)

Elon Musk You have stated that you would like to receive a discount on your purchase offer Twitter Is equal to the percentage of customers who are Bot begining Spam.

The billionaire, who claims to spend less than 5% of his time buying $ 44 billion, has made several comments in recent weeks criticizing Twitter. And its management team.

Musk Recently said it was a purchase Temporarily suspendedBecause he wanted to prove to the company’s own data that accounts that are not managed by real people accounted for less than 5% of customers.

According to Business Insider, in response to the suggestion that “if 25% of users are bots, then a deal to buy Twitter should cost 25% less,” he wrote: “Absolutely.”

What is Elon Musk’s argument about

CEO TeslaSpaceX He said more than 20% of Twitter accounts could be “fake / spam” and said his offer to buy the company was based on the accuracy of his own Twitter account.

He criticized Parag Agrawal, Twitter’s chief executive, for publicly refusing to “show evidence” that less than 5% of accounts were “fake / spam” and wrote that it was. “I’m concerned that Twitter has an incentive to reduce spam. “Because it reduces everyday users.”

Agraval had written a Fifteen post topics that reject this stimulus and explain that Twitter is actively trying to reduce spam accounts; Stop more than half a million spam accounts every day and block millions of accounts every week that can not cope with the challenges of human authentication.

Musk responded with a lot of emotion and asked, “So how do advertisers know what they are getting for their money? This is crucial to Twitter’s financial health. “

Musk offered it to users Perform your own test to see if the reports were authentic! However, Twitter warned that it was impossible for outside observers to determine if the account was actually run by humans, whether it was automated or part of a platform manipulation campaign.

Twitter shares are at a record low in early April, when Musk first revealed his stake in the social network.  (Photo: Business Insider)
Twitter shares are at a record low in early April, when Musk first revealed his stake in the social network. (Photo: Business Insider)

The company said in an official Twitter blog post: “We are constantly launching millions of accounts every month that are automated or spam, and we do so until they reach the eye of Twitter in terms of time or search.”

But it conquers Two different types of fake accounts; One of which is a bot, a fully automated account that is not banned on Twitter; As well as non-authentic accounts designed to manipulate the platform.

Twitter ensures that there are several fake accounts and Muskie is not sure

As Musk seems to be using the issue as a means of reducing the agreed purchase price, Twitter shares are suffering losses amid public outrage.

The company announced this last week Will not try to pull back from the $ 44 billion price tag A statement from the SEC said, “Twitter is ready to complete the transaction at an agreed price and on terms and conditions as soon as possible.”

Elon Musk and Twitter.  (Photo: REUTERS / Dado Ruvic)
Elon Musk and Twitter. (Photo: REUTERS / Dado Ruvic)

Musk said at a conference in Miami last Monday: “You can not pay the same price for what is much worse than they said. The more questions I ask, the more my anxiety grows. They say they have this complicated methodology that only they can understand. It can not be any deep secret that is more complicated than the human soul or other. ”

Finally, Agravall said: “Our assessment is based on a review of thousands of multiple (repetitive) people who are randomly selected, consistently over time. Accounts that we consider to be active users on a daily basis. We do this every quarter and we have been doing this for many years.

Our real internal estimates for the end Four quarters were below 5% According to the methodology described above. The margin of error in our estimates gives us confidence in our public statements every quarter. ”

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Source: Info Bae

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