Elon Musk announces that Twitter takeover cannot be done without a guarantee on fake accounts

Tesla CEO wants guarantees that less than 5% of Twitter accounts are fake. The social network says it wants to continue the transaction, at the agreed price.

Tesla boss Elon Musk said Tuesday that the Twitter takeover would not be complete until he was guaranteed that less than 5% of the accounts on the platform were fake.

Twitter CEO yesterday refused to prove that less than 5% of accounts were faketweeted Elon Musk, who has nearly 94 million subscribers on the social network.Until he does that, the transaction cannot go through.he added.

Elon Musk refers to the explanation given on Monday by Parag Agrawal, the boss of Twitter, about the measures taken to combat spam and fake accounts. He explained that the percentage of fake accounts, which stands at 5% since 2013, is calculated using a method that combines public and private data (IP address, geolocation, phone number, etc.) that cannot be reproduced independently. The erratic entrepreneur had responded with an emoji in the form of poop.

“The more I ask questions, the more my concerns grow”

Speaking by video during a conference Monday, Elon Musk estimated that fake accounts represented at least 20% of Twitter users and tweets from people who attended the event, according to the Bloomberg agency. †20% fake accounts and spam is 4x more than Twitter claims, but the actual number could be *much* higher‘ tweeted the entrepreneur on Tuesday.

During this conference, Elon Musk stated that “you cannot pay the same price for something much worse than what was presented (…) The more questions I ask, the more my concerns grow.Twitter responded in a statement Tuesday. “We want to complete this transaction as quickly as possible, at the agreed price” between the two parties, which is $44 billion.

The billionaire had already announced last Friday that he was delaying the takeover of the company before rectifying the situation a few hours later by specifying that he “always busyto complete the operation.

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