Billionaire Elon Musk hasn’t ruled out the option to pull out of the deal to buy Twitter as he insists the company is required to share more user data.
As Elon Musk spars with Twitter over the company's reluctance to release more information about its user base, the billionaire owner of Tesla is considering the possibility of pulling out of the"This is a clear material breach of Twitter’s obligations under the merger agreement and Mr.
The letter said that Twitter has only released limited data about its users and that its"latest offer" only included information about the company's testing methodologies.as he looked to confirm reports that less than 5% of Twitter accounts are spammy or fake. "At this point, Mr. Musk believes Twitter is transparently refusing to comply with its obligations under the merger agreement, which is causing further suspicion that the company is withholding the requested data due to concern for what Mr. Musk’s own analysis of that data will uncover," the letter also says.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk feud with Bill Gates boils over to TwitterTesla CEO Elon Musk's Twitter feud with billionaire Bill Gates boiled over onto Twitter on Saturday after Gates claimed to have done more to fight climate change.
Read more »
Elon Musk accuses Twitter of breaching contract over spam botsElon Musk on Monday accused Twitter of breaching its contract with him by failing to provide information about spam accounts — and once again threatened to back out of his $44 billion takeover deal…
Read more »
Elon Musk threatens to call off $44B Twitter acquisitionDETROIT (AP) — Elon Musk is threatening to walk away from his $44 billion bid to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts. Lawyers for the Tesla and SpaceX CEO made the threat in a letter to Twitter dated Monday. That letter was included in a filing from Twitter with the Securities and Exchange Commission.
Read more »
Elon Musk threatens to back out of Twitter deal over bot estimates | EngadgetElon Musk says Twitter is violating merger terms through a lack of bot account data..
Read more »
Early Days Of Tesla — Elon Musk Interview With Tesla Owners Of Silicon ValleyThere's a new interview with Tesla CEO Elon Musk out. Leaders from the Tesla Owners of Silicon Valley were invited to interview
Read more »
Elon Musk hands Tesla execs ultimatum: Return to the office or get outICYMI: Elon Musk hands Tesla execs ultimatum: Return to the office or get out — via financialpost ElonMusk Tesla
Read more »