5

Elon Musk puts Twitter deal on hold because of bots

 2 years ago
source link: https://www.neowin.net/news/elon-musk-puts-twitter-deal-on-hold-because-of-bots/
Go to the source link to view the article. You can view the picture content, updated content and better typesetting reading experience. If the link is broken, please click the button below to view the snapshot at that time.

Elon Musk puts Twitter deal on hold because of bots

Twitter logo

Last month, Twitter announced that it has struck a deal with Elon Musk to acquire the micro-blogging platform for $44 billion or $54.20 per share in cash.

Now, Musk has confirmed that the deal has been put on hold. According to Musk's latest tweet, the Twitter acquisition has been put on hold as he verifies Twitter's claim that less than 5% of the users are bot/fake accounts. Last week, Twitter disclosed that it estimates fake or spam account count to be less than 5% of its monetizable daily active users during the first quarter.

According to the terms of the agreement, Musk will have to pay a billion dollar penalty if he backs out of the Twitter deal. In a subsequent tweet, Musk said he is committed to acquiring Twitter:

Furthermore, Musk said he will be taking a random sample of 100 follows of Twitter's official account to verify the company's claim that less than 5% of the users are fake or spam accounts:

Meanwhile, Wall Street did not like the news of acquisition being put on hold as share prices of Twitter fell more than 10% during the pre-trade window on Friday.

Twitter Share fell 10 on Friday

Twitter's share closed at $40.60 on Friday, down from $45.07 on Thursday and roughly 23% down from Musk's buying price of $54.20.

From the WebPowered by ZergNet

28 Comments - Add comment

Yeah that’s a good sample size…

Yeah that’s a good sample size…

"I invite others to repeat the same process and see what they discover …"

This will be fun to watch.

"I invite others to repeat the same process and see what they discover …"

This will be fun to watch.

"some people just like to see the world burn"...

Elon Musk must be so confusing to the far right maga crowd.

He fooled them in to believing he was for free speech and they all jumped in joy at the prospect of him taking over Twitter.

Then he calls for a Republican candidate other than Trump.

"Elon Musk Wants a Candidate ‘Less Divisive’ Than Trump in 2024, Says Biden Won Because People ‘Wanted Less Drama"

https://www.mediaite.com/polit...e-people-wanted-less-drama/

Now his Twitter take over is unsure. Musk is playing the far right like a fiddle.

Elon Musk must be so confusing to the far right maga crowd.

He fooled them in to believing he was for free speech and they all jumped in joy at the prospect of him taking over Twitter.

Then he calls for a Republican candidate other than Trump.

"Elon Musk Wants a Candidate ‘Less Divisive’ Than Trump in 2024, Says Biden Won Because People ‘Wanted Less Drama"

https://www.mediaite.com/polit...e-people-wanted-less-drama/

Now his Twitter take over is unsure. Musk is playing the far right like a fiddle.

Are you seriously saying that only the far right likes free speech?

Are you seriously saying that only the far right likes free speech?

Well, in fairness, the far-right does tend to have a rather extreme view of "free speech" that aligns to Musk's purported views, and they have a firm belief they are unfairly punished for their views. And it's without question this same group celebrated Musk's Twitter bid as he clearly announced changes to moderation to alleviate their concerns and victimhood. I also don't see anywhere in op where the claim you question is made.

Are you seriously saying that only the far right likes free speech?

I think he's saying they're the only ones simple enough to actually believe Musk cares about it, which he doesn't.

Well, in fairness, the far-right does tend to have a rather extreme view of "free speech" that aligns to Musk's purported views, and they have a firm belief they are unfairly punished for their views. And it's without question this same group celebrated Musk's Twitter bid as he clearly announced changes to moderation to alleviate their concerns and victimhood. I also don't see anywhere in op where the claim you question is made.

> rather extreme view of "free speech"

Which is what?

And for the record, I think free speech should apply to corporations, not just the US government.

I think he's saying they're the only ones simple enough to actually believe Musk cares about it, which he doesn't.

Do you have a source he does or does not?

Are you seriously saying that only the far right likes free speech?

Yes, the far left is a bunch of brainwashed cultist morons.

Well, in fairness, the far-right does tend to have a rather extreme view of "free speech" that aligns to Musk's purported views, and they have a firm belief they are unfairly punished for their views. And it's without question this same group celebrated Musk's Twitter bid as he clearly announced changes to moderation to alleviate their concerns and victimhood. I also don't see anywhere in op where the claim you question is made.

Extreme view of free speech: You can say what you want without censorship. You can still be charged and investigated for direct specific threats.

Far left view of free speech: Government controls what you can say and prosecutes you if it goes against the far left agenda. Only leftists can make threats and not have any consequences.

Yeah, the right is sure the extremists. /S.

Do you have a source he does or does not?

@StevetheBuckeye is correct. That is my view. You now have the source.

Musk is a con who fooled the far right maga crowd in to believing he is a free speech advocate. Why are the maga crowd so gullible. It must something in their genetic makeup.

@StevetheBuckeye is correct. That is my view. You now have the source.

Musk is a con who fooled the far right maga crowd in to believing he is a free speech advocate. Why are the maga crowd so gullible. It must something in their genetic makeup.

You think maga crowd is gullible? Are you forgetting the left who got duped into voting for Biden? The same side that openly screwed over Sanders?

Extreme view of free speech: You can say what you want without censorship. You can still be charged and investigated for direct specific threats.

Far left view of free speech: Government controls what you can say and prosecutes you if it goes against the far left agenda. Only leftists can make threats and not have any consequences.

Yeah, the right is sure the extremists. /S.

Yep. Musk didn't say "there won't be moderation", he just said he will follow laws.

Which btw, Facebook already does. On Facebook, you are bound by your country's local laws (as well as their own BS stuff just like Twitter but that doesn't matter in this context)

You think maga crowd is gullible? Are you forgetting the left who got duped into voting for Biden? The same side that openly screwed over Sanders?

The left weren't duped into voting for Biden. They knew he was a flawed candidate.

What not just the left but also moderates and even a good number of center right voters did was vote out the most embarrassing, unqualified and utterly incompetent President in living memory.

Most didn't vote for Biden, they voted to remove Trump.

> rather extreme view of "free speech"

Which is what?

And for the record, I think free speech should apply to corporations, not just the US government.

What you feel doesn't matter, in this case. Binding legal precedent is that the Constitutional right to free speech does not apply to private entities.

Extreme view of free speech: You can say what you want without censorship. You can still be charged and investigated for direct specific threats.

Far left view of free speech: Government controls what you can say and prosecutes you if it goes against the far left agenda. Only leftists can make threats and not have any consequences.

Yeah, the right is sure the extremists. /S.

Quite the departure from the topic at hand, which is Musk and Twitter. Neither are government agencies or entities. The US Constitution and case law is quite clear on what the government can and can't regulate in regard to speech.

> rather extreme view of "free speech"

Which is what?

And for the record, I think free speech should apply to corporations, not just the US government.

What you think it is, and what it is are two different things. Free speech has always been and hopefully will always be the ability to say what you want in a PUBLIC open forum, but this doesn't prevent the CONSEQUENCES of said speech. You can call people names all you want, doesn't mean they won't retailiate. You reap what you sow

Extreme view of free speech: You can say what you want without censorship. You can still be charged and investigated for direct specific threats.

Far left view of free speech: Government controls what you can say and prosecutes you if it goes against the far left agenda. Only leftists can make threats and not have any consequences.

Yeah, the right is sure the extremists. /S.

yeah, they are at this point. Who is walking down the street saying jews won't replace them? Who is storming the capitol and attacking people trying to stop the confirmation process? Let me guess you're going to try to retort, "bUt WhO wAs BuRnInG dOwN tHe CoUnTrY?!?!" Do you not realize people are straight-up tired of being attacked for just being who they are?? Black people, gay people, Trans people, Women. They are tired and are done with the rights extremist views. Acting as if they are better because they are Christians

"A Riot is the language of the unheard" MLK

And the last thing Christians are, are unheard, one of the smallest demographics is screaming the loudest and wanting to control everything. They see their grip of a white America fading.

Yes, the far left is a bunch of brainwashed cultist morons.

lol, spoken like a true devotee of right wing media.

Extreme view of free speech: You can say what you want without censorship. You can still be charged and investigated for direct specific threats.

Far left view of free speech: Government controls what you can say and prosecutes you if it goes against the far left agenda. Only leftists can make threats and not have any consequences.

Yeah, the right is sure the extremists. /S.

There is nothing contradictory about having far left politics and being, for example, a free speech absolutist.

You are confused because you only understand the term "far left" in the incoherent & paranoid way the right wing media use it.

Buyer’s remorse?

That's what I am thinking, since the stock price of tesla and twitter is down. And I think he is finally realizing that he will never make up the money he said he would pay for twitter. If he was smart he would pay the billion walk away fee and say that after seeing the twitter financials, there is no way it could become profitable.

There is no way I would invest in a musk owned company right not. He is too unstable and who knows what his next adventure will be driving down stock prices. Long term I would think its probably ok if you already own, but short term no way I would.

There is no way I would invest in a musk owned company right not. He is too unstable and who knows what his next adventure will be driving down stock prices. Long term I would think its probably ok if you already own, but short term no way I would.

This guy is just trying to poke around and see what happens. Only possible answer is his biggest asset (Tesla) ain't turning that good.

When you claim you have something revolutionary and also the richest man in the planet. You tend to continue that hype, why deviate not only your resources but your TIME on minor things.

This is really just bad press for him.

Unless that means Musk has always been all hype. Hope I'm wrong

There is no way I would invest in a musk owned company right not. He is too unstable and who knows what his next adventure will be driving down stock prices. Long term I would think its probably ok if you already own, but short term no way I would.

Tesla Motors is hugely profitable and really the only game in town for electric vehicles, especially with their huge network of superchargers and service centers. Also, SpaceX is absolutely crushing it.

Tesla Motors is hugely profitable and really the only game in town for electric vehicles, especially with their huge network of superchargers and service centers. Also, SpaceX is absolutely crushing it.

Profitability does not mean anything if the CEO of a company says something stupid and the stock drops 10%. For the CEO that's nothing, but for the normal people that invest their money in the stock that's a lot. There is more to a companies stock value than profit margins in the short term. Stable leadership is a must and if the leadership is perceived as erratic then that affects the stock value. A lot of business on Wall Street is more about perception than actual value.

Just a quick search, states there are nearly 396,500,000 million users on Twitter and he wants to test the bot saturation rate testing only 100 random accounts?

Did he ever spend any of his money on a math education?

Join the conversation!

Login or Sign Up to post a comment.

Report Comment

Close

Please enter your reason for reporting this comment.

Deals


About Joyk


Aggregate valuable and interesting links.
Joyk means Joy of geeK