New Delhi, July 11: Tesla CEO Elon Musk on Monday poked fun at Twitter for taking him to court and shared a meme which made fun of the micro-blogging platform. Twitter has announced it was suing Musk for terminating the $44 billion takeover deal.
Musk’s meme read: “They said I could not buy Twitter. Then they would not disclose the bot information. Now they want to force me to buy Twitter in court. Now they have to disclose the bot information in court.” His long-time Twitter buddy Pranay Pathole posted that the US Securities and Exchange Commission (SEC) should strictly look into this and investigate these claims made by Twitter. “Hello??? @SECGov,” Musk replied. The Tesla CEO has apparently terminated the deal because of the presence of bots on the platform. Twitter Hires Top Legal Firm to Sue Elon Musk for Ending $44 Billion Takeover Deal.
Last week, Twitter claimed it is suspending more than one million spam accounts a day. “That is indeed the real question,” Musk replied. The new figure doubled the previous update from Twitter CEO Parag Agrawal who said that the platform removes 5,00,000 spam accounts a day. “We suspend over half a million spam accounts every day, usually before any of you even see them on Twitter. We also lock millions of accounts each week that we suspect may be spam — if they can’t pass human verification challenges (captchas, phone verification, etc),” Agrawal had tweeted in May.
Musk will have to pay $1 billion in termination fees to the micro-blogging platform. As per an earlier filing with the US Securities and Exchange Commission (SEC), “Musk will be required to pay Twitter a termination fee of $1 billion”, if he cancels the deal.
(The above story first appeared on Morning Tidings on Jul 11, 2022 12:38 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website morningtidings.com).
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