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Days after Elon Musk accused Twitter of being in “material breach” of the contract for Musk to acquire the social media company, Twitter’s board has agreed to give the billionaire full access to its data.
As soon as this week, Twitter will provide Musk with a “firehose” of data including a real-time record of the more than 500 million tweets sent daily, what devices they come from, and information about the accounts that tweet, the Washington Post reported Wednesday.
The board’s acquiescence is a win for Musk, who put his $44 billion deal to buy Twitter on hold and even threatened to back out if Twitter would not hand over information that would let his team calculate the number of fake or spam accounts on its platform.
Defeating “spam bots” is among the Tesla and SpaceX CEO’s top priorities for Twitter once he takes the company private. Musk has pledged to “authenticate all real humans” and purge fake accounts from the social media website or “die trying.”
On May 13, he said that his deal to buy Twitter could not move forward until he verified Twitter’s claim that spam or fake accounts make up fewer than 5% of Twitter users. Musk has estimated the number is closer to 20% — a claim backed by some independent researchers — but he has repeatedly insisted he needs access to Twitter’s data to know for sure.
Tech industry insiders have voiced skepticism that Musk will be able to use Twitter’s data to find any new information. According to the Washington Post, they think it is far more likely Musk is searching for a way to leverage a lower purchase price for Twitter, since a high percentage of spam accounts would mean the company’s estimates for how many users are exposed to advertising are overstated, which could affect […]
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