Twitter Inc’s largest shareholder and probable head Elon Musk revealed on Saturday that the messaging platform’s legal team has accused him of violating a nondisclosure agreement (NDA) by revealing the sample size for the social media platform’s automatic user checks was 100 on Saturday.
The CEO of Tesla said on Friday that his $44 billion cash plan to take the company private was “temporarily on pause” while he awaited statistics on the percentage of bogus accounts on the platform.
On April 25, Twitter announced a deal to sell the firm to Tesla founder Elon Musk. However, Musk stated on Friday that his $44 billion acquisition is “temporarily on hold” while he waits for further information on the number of spam accounts.
Musk said his team would conduct their own random sample of 100 Twitter accounts in a tweet on Saturday, disclosing that he chose 100 random accounts to measure the number of spam accounts since that is what Twitter uses to determine 5% fake/spam/duplicate accounts.
The billionaire seems to have got himself into trouble after revealing Twitter’s sample size, saying on Saturday that publishing this information meant he had “violated” his non-disclosure agreement, according to Twitter’s legal team.
Musk has since appeared to take aim at Twitter’s algorithm, warning users that they are “being manipulated ” and that the code contains possible “bugs.” He said in a tweet early Sunday that he has yet to see “any” investigation that demonstrates the social media business has less than 5% false accounts.
The Tesla head said in a tweet early Sunday that he has yet to see “any” investigation that demonstrates the social media business has less than 5% false accounts. He also remarked that there is a potential it may be more than 90% of daily active users.
When Elon Musk met with Indonesian President Joko Widodo on Saturday at SpaceX’s Boca Chica headquarters, there was speculation on whether The SpaceX founder and chief executive had returned his focus to the rocket firm.
Musk reportedly informed Widodo that he would “hopefully” visit Indonesia in November to talk about investment potential in the country, which is rich in natural resources such as nickel, copper, and tin.