CEO Parag Agrawal exchanges comments with Elon Musk over spam accounts
CEO Parag Agrawal on Monday tweeted that internal estimates of spam accounts on the social media platform for the last four quarters were “well under 5%,” responding to acquirer Elon Musk’s criticism of the company’s handling of phoney accounts.
Musk, who on Friday said his $44 billion deal to buy Twitter was “temporarily on hold” pending information on spam accounts, responded to Agrawal’s defence of the company’s methodology with a poop emoji. Following the exchange, Twitter shares on Monday fell below levels preceding Musk’s disclosure of a 9.2% stake in the company in early April. The shares were down 7.7%, at $37.50 a share, in afternoon trade. That compares to a closing price of $39.31 on April 1, the last trading day before Musk disclosed his stake.
Musk has called for tests of random samples of Twitter users to identify bots, or automated accounts, and said he has yet to see “any” analysis that shows spam accounts making up less than 5% of the user base.Independent researchers have estimated that anywhere from 9% to 15% of the millions of Twitter profiles are automated accounts, or bots.
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 says Twitter legal team told him he violated an NDANews comes after Musk tweeted that his deal to take the company private was on hold while he awaited data on the number of fake accounts
Read more »
Elon Musk says Twitter legal team told him he violated an NDAHe says he was accused of violating an NDA by revealing that the sample size for Twitter’s checks on automated users was 100
Read more »
Ex-Goldman CEO Blankfein says recession possibility is 'very high risk factor'
Read more »
Jaqui Parchment: I’m a Black woman and a CEO — and the return to office has me worriedMercer Canada CEO Jaqui Parchment says she worries white men will find it even easier to grow careers because of in\u002Dperson work preferences.
Read more »
Elon Musk says Twitter legal team told him he violated an NDANews comes after Musk tweeted that his deal to take the company private was on hold while he awaited data on the number of fake accounts
Read more »
Elon Musk says Twitter legal team told him he violated an NDAHe says he was accused of violating an NDA by revealing that the sample size for Twitter’s checks on automated users was 100
Read more »