Elon Musk says $44 billion Twitter deal can't proceed until CE | The Sammy move💻🔥

Elon Musk says $44 billion Twitter deal can't proceed until CEO proves the platform has fewer than 5% fake accounts

Channel: @thesammymove
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-Is it possible for a massive social media platform like twitter to have less than 5% fake accounts?
Comparatively,it is identical to saying Facebook has less than 10% fake accounts

-Musk announced Friday he was putting his Twitter deal on hold while assessing how the company calculates the proportion of fake accounts it harbors. In a Securities and Exchange Commission (SEC) filing, Twitter says that fewer than 5% of accounts on its platform are fake.

-Musk said Tuesday: "20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher." Musk did not detail how he arrived at the 20% figure.

He added: "Yesterday, Twitter's CEO publicly refused to show proof of <5%. This deal cannot move forward until he does."

-Twitter CEO Parag Agrawal on Monday posted a thread on Twitter explaining why Musk's earlier suggestion of sampling 100 random accounts to determine the proportion of fake ones wouldn't work. Musk responded to Agrawal's post with a poop emoji.

Agrawal said in his thread that Twitter's estimate of what proportion of accounts are spam was based on "multiple human reviews (in replicate) of thousands of accounts." He said Twitter's internal teams randomly sampled accounts the company considered to be "monetizable daily active users."

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