VRB News
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact
No Result
View All Result
VRB News
No Result
View All Result
Home IT news

Musk is in trouble with Twitter lawyers over Tweets

admin by admin
May 17, 2022
in IT news
0
Musk is in trouble with Twitter lawyers over Tweets
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Austin tech billionaire Elon Musk has caused trouble with lawyers for the online service with his tweets about the planned Twitter takeover. They accused him of breaking a confidentiality agreement, Musk wrote on Sunday night. From the point of view of the legal department, he had revealed too much about Twitter’s approach to the investigation of automated tweeting accounts.

Musk had previously made such bot accounts a topic of his own. He said on Friday that the deal to acquire Twitter had been provisionally suspended. He wanted to wait for calculations to show that accounts that have no real users actually made up less than five percent.

Twitter’s stock subsequently plummeted. About two hours later, Musk then assured that he was still interested in the acquisition.

Any random sampling process is fine. If many people independently get similar results for % of fake/spam/duplicate accounts, that will be telling.

I picked 100 as the sample size number, because that is what Twitter uses to calculate <5% fake/spam/duplicate.

– Elon Musk (@elonmusk) May 14, 2022

Musk’s action raised a lot of questions. On the one hand, his takeover agreement with Twitter does not provide for a temporary suspension. On the other hand, Twitter cited the estimate of less than five percent bot and fake accounts not only in the latest quarterly report – but for years.

Industry observers wondered whether Musk wanted to try to get out of the expensive deal or at least push the price. According to the “Wall Street Journal”, the 50-year-old billionaire sent the second clarifying tweet only after pressure from his lawyers.

On Saturday, Musk followed suit. His team will randomly select 100 followers of the Twitter account of the online service and check how high the share of fake and bot accounts will be among them. The number of 100 accounts is rather low for such a survey.

And Musk obviously also wanted this to be noticeable: he chose them because Twitter also uses a test group of this size, he stressed afterwards. The Twitter legal department then complained that this figure was subject to a confidentiality agreement, Musk later wrote.

The head of the electric car manufacturer Tesla had agreed with the Twitter Board of Directors on a deal worth about $ 44 billion. However, he is still dependent on the fact that enough shareholders want to cede their shares to him. Twitter and Musk have so far wanted to complete the acquisition by the end of the year. In recent months, he has already bought a share of a good nine percent of Twitter on the stock exchange.

Previous Post

Youtube is updated with 360º video support for PlayStation VR

Next Post

The pre-purchase of RivVR is open

admin

admin

Related Posts

This is what the new mega-campus in Silicon Valley looks like
IT news

This is what the new mega-campus in Silicon Valley looks like

May 17, 2022
metaverse
IT news

What changes is the metaverse bringing to the world of work?

May 17, 2022
20% discount on Razer HDK2 for students and developers
IT news

20% discount on Razer HDK2 for students and developers

May 17, 2022
Image telecommunications: Vodafone “dissatisfied” with stagnating business in Germany, the Telekom Group is looking for a new growth strategy. Chief Executive Nick Read is under pressure to act and believes a fall in profits is possible. More… By Torsten Riecke
IT news

Image telecommunications: Vodafone “dissatisfied” with stagnating business in Germany, the Telekom Group is looking for a new growth strategy. Chief Executive Nick Read is under pressure to act and believes a fall in profits is possible. More… By Torsten Riecke

May 17, 2022
Competitor Rohm starts to hunt for Infineon
IT news

Competitor Rohm starts to hunt for Infineon

May 17, 2022
Next Post
The pre-purchase of RivVR is open

The pre-purchase of RivVR is open

Premium Content

SD card support comes to Gear VR

SD card support comes to Gear VR

March 29, 2022
Getting started with the Eclipse IDE

Getting started with the Eclipse IDE

April 21, 2021
All Video Downloader

All Video Downloader

February 15, 2022

Browse by Category

  • Games
  • IT news
  • Tech
  • World
VRB News

VRB News is ready to cooperate with webmasters and content creators. Send an email to info@virtualrealitybrisbane.com

Categories

  • Games
  • IT news
  • Tech
  • World

Recent Posts

  • This is what the new mega-campus in Silicon Valley looks like
  • What changes is the metaverse bringing to the world of work?
  • 20% discount on Razer HDK2 for students and developers

© 2021 - The project has been developed ServReality

No Result
View All Result
  • Home
  • About us
  • IT news
  • Tech
  • World
  • Contact

© 2021 - The project has been developed ServReality

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?