Elon Musk challenges Twitter CEO Parag Agrawal to a debate on bots

Centi-billionaire Elon Musk provoked Twitter and challenged the corporate’s CEO Parag Agrawal to a “public debate” about faux accounts and spam within the midst of a contentious authorized battle over a $44 billion acquisition.

Musk filed a bid with the Securities and Exchange to purchase Twitter again in April this 12 months. After the businesses agreed to transfer forward with a take-private deal, Musk stated he was terminating his acquisition, and accused Twitter of presenting false numbers, together with in its SEC filings, pertaining to the quantity of monetizable every day energetic customers, and the variety of spam and bot accounts on the social community.

Twitter then sued Musk in a Delaware chancery courtroom to make sure the deal would undergo as promised, and Musk filed counterclaims and a countersuit there on July 29.

In a sequence of tweets that Musk started posting simply earlier than 1 a.m. on Saturday, Aug. 6, Musk interacted with a fan who had summarized his accusations about Twitter together with that it was stonewalling him and giving him, “outdated data,” and “a fake data set” when he requested the corporate for particulars about the way it tabulates mDAU, and estimates for spam and bot accounts.

The Tesla and SpaceX CEO wrote, “Good summary of the problem. If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms. However, if it turns out that their SEC filings are materially false, then it should not.”

By simply after 9 a.m. Saturday morning, Musk began a Twitter ballot asking his followers to vote on whether or not “[l]ess than 5% of Twitter daily users are fake/spam.” Respondents to the casual ballot might select certainly one of Musk’s offered solutions which learn both “Yes” adopted by three robotic emoji, or “Lmaooo no.” (The slang abbreviation “lmao” stands for “laughing my a– off.)

Musk additionally wrote Saturday morning: “I hereby problem @paraga to a public debate in regards to the Twitter bot share. Let him show to the general public that Twitter has <5% faux or spam every day customers!”

Attorneys for Musk did not respond to requests to comment on Saturday, and an attorney for Twitter declined to comment on Musk’s Saturday tweets. Twitter did not respond to a request for comment.

At an annual shareholder meeting for Tesla on Aug. 4, Musk was asked to speak about Twitter during a question-and-answer session that followed a proxy vote.

He said, drawing laughter from the audience in attendance, “I clearly have to be a little cautious what I say about Twitter as a result of there’s this lawsuit and stuff.” He confirmed that the only two publicly traded securities he owns are Tesla and Twitter.

And then he spoke as if he still wants to become the owner of the social networking company, a stark contrast to arguments made by Musk via his attorneys in legal filings in Delaware in which Musk argues he should not have to go through with the deal.

At the Tesla 2022 shareholders’ meeting, Musk said: “I feel within the case of Twitter since I take advantage of it a lot, shoot myself within the foot a lot, you realize, dig my grave, and many others. I feel it is — I do perceive the product fairly properly, so I feel I’ve bought a good sense of the place to level the engineering workforce at Twitter to make it radically higher.”

He added that Twitter would “assist speed up” a “fairly grand imaginative and prescient” he had to build a business he’d been thinking about since his earliest years as a tech entrepreneur, X.com or X Corporation.

“Obviously that may very well be began from scratch,” he said, “however I feel Twitter would assist speed up that by three to 5 years. So it is type of like one thing I’ve thought could be fairly helpful for a very long time. I do know what to do. Don’t have to have Twitter for that however, like I stated, it is most likely no less than a three-year accelerant and I feel it is one thing that can be very helpful to the world.”

Musk didn’t go into any further details at that meeting. However, he reportedly said during a town hall meeting with Twitter employees in June this year that he wanted to grow Twitter’s user base to a billion people and saw Twitter as a platform that could evolve into an app like China’s WeChat, a “tremendous app,” that incorporates everything from messaging, video and social media, to mobile and point-of-sales payments, with a robust app ecosystem.

Unless they reach a settlement first, Twitter and Musk are headed for a five-day trial in Delaware that starts on Oct. 17. The judge ruling on the case is Chancellor Kathaleen St. J. McCormick.

Be the first to comment

Leave a Reply

Your email address will not be published.