- Musk has promised $44 billion to buy Twitter for $54.20 a share.
- Musk alleged that Twitter misrepresented the prevalence of junk e-mail accounts.
Elon Musk, Chief executive officer of Tesla, tweeted out an overview of numerous make believe accounts purporting to become Binance Chief executive officer Changpeng Zhao’s replies to Musk yesterday and claimed that “90% of [his] surveys are bots.” Binance’s official Twitter account responded, “Twitter please, I see an adequate amount of my boss already.”
Rapidly after, Zhao chimed directly into state that although he’s the real poster underneath the tweet, 90% of Musk’s replies are bots. Musk has promised $44 billion to buy Twitter for $54.20 a share, beginning a extended and hard journey to get the social networking site.
Musk Demands Statistics
When Musk announced his intention to help make the purchase, Zhao backed him up by investing $500 million within the deal. Sequoia Capital and Andreessen Horowitz, two prominent cryptocurrency-focused VC companies, also contributed $800 million and $400 million, correspondingly. The Chief executive officer of Tesla had ambitious intentions to change Twitter before he attempted to back from the transaction.
Musk allegedly desired to open-source Twitter “so that individuals can critique it, improve it, identify bugs, potentially, or bias.” It was based on a transcript of the internal Q&A session acquired by Vox. Additionally, a regular membership system that accepts Dogecoin was said to be developed, with an edit button to create changes to existing content.
Musk, Chief executive officer of Tesla, continues to be suing Twitter since April when their original agreement was signed. Musk alleged that Twitter misrepresented the prevalence of junk e-mail accounts around the service. Much more dramatically, Musk stated the acquisition “cannot move forward” unless of course Twitter makes these details public.
While Musk signed a $44 billion merger cope with Twitter. He claims within the petition he was “hoodwinked by Twitter.”
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