Elon Musk refuses to continue the Twitter deal

Elon Musk refuses to continue the Twitter deal until Parag Agarwal follows his instructions

 

Parag Agarwal, the CEO of Twitter, mentioned many accounts that look fake are actually real. He called it a major challenge.

Things do not seem to be going well between the CEO Parag Agrawal and the billionaire Elon Musk. Online combat of words is currently underflow between the two. Reportedly, Elon Musk asked for the details of fake accounts on the social media platform. After which, Twitter CEO Parag Agrawal posted an extensive thread of tweets on spam accounts.

Parag tweeted that Twitter officials suspend more than half a million fake accounts every day. They do it even before the general public can even see them. They block millions of suspicious accounts every week. Twitter CEO described how spam can potentially destroy the experience of the general public on the microblogging website.

He wrote that the advanced spam campaigns use automation combined with coordinated humans. He further added some of this spam also consist of real accounts and uses them to promote their campaign.

However, his new boss does not seem to get along with his explanation. The billionaire entrepreneur Elon Musk tweeted that the CEO denied giving the proof of less than 5% fake accounts. He refused to carry forward the deal until Parag did that. Musk said his offer to buy the platform is on hold due to pending details about fake accounts.

After which, Agrawal replied that the actual challenge is many accounts that look superficially fake are real. While some malicious accounts sometimes appear completely legitimate. On this tweet, Musk responded with a poo emoji and continued the thread by posting a question. He asked about how the advertisers would know what they get in return for their money? It is crucial for the financial situation of Twitter.

The conversation has raised the speculations about whether the SpaceX owner would continue with his Twitter deal or not. However, Musk responded quickly by tweeting that he still wants to move ahead with the acquisition. Last week, the stock prices of Twitter slipped down and reached $38 per share. It further dipped on Monday after the tweet thread of Parag Agrawal.

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