Posted on 06/09/2022 6:57:30 AM PDT by shadowlands1960
The billionaire is in a protracted battle with the company over information about spam and fake accounts.
After a weeks-long impasse, Twitter’s board plans to comply with Elon Musk’s demands for internal data by offering access to its full “firehose,” the massive stream of data comprising more than 500 million tweets posted each day, according to a person familiar with the company’s thinking, who spoke on the condition of anonymity to describe the state of negotiations.
The move aims to end a standoff with the billionaire, who has threatened to pull out of his $44 billion deal to buy Twitter unless the company provides access to data he says is necessary to evaluate the number of fake users on the platform.
The information could be provided as soon as this week, the person said. Currently some two dozen companies pay for access to the trove, which comprises not only a real-time record of tweets but the devices they tweet from, as well as information about the accounts that tweet.
(Excerpt) Read more at washingtonpost.com ...
He Musk get an answer ,LOL
Low tech moron here......is it possible twitter bought enough time to scrub the data to make it look better that it really is or am I out in left field?
It is much less “compliance” than it it overwhelming with useless unformatted data.
I’m a tech moron myself. I guess the argument against this would be that if they scrub all those bots it will show a much smaller user base... which might open them to fraud claims...
Exactly. They are playing games in an effort to avoid real compliance.
Maybe they could replace the bots with names of real people and along with the devices they tweet from, as well as information about the accounts that tweet. In addition to the DeepStaters, other high tech companies probably have that information anyway.
I get the distinct feeling Musk is gonna say F it and back out and I don’t blame him.
When this all started I heard someone on fox business state that twitter is “nothing more than a clown car that drove into a gold mine.”
I suspect there’s a whole lot of fake in that platform.
My thought exactly.
The democrat dead voter rolls would work.
Musk has had some spectacular accomplishments and his recent celebration of free speech and denunciations of the the Democrat’s destructive nonsense has been welcome. However his fortune is largely based on Tesla and its stock price. IMHO Tesla is not the corporate juggernaut that the press portrays and its stock is way overvalued. Tesla has made a huge capital investment in China but thus far it has not been able to extract one dollar of real profit for its efforts. The Chinese meanwhile have learned and obtained all of Tesla’s proprietary assets. Also just how profitable are the sales of its EVs in the American market. Despite gasoline shortages the motoring public has not rushed to buy these expensive vehicles. Many don’t want them under any circumstances. However the company seems to be doing well in Europe until recently. The point is that if Musk is to assemble $44 billion to buy Twitter, the banks have a fiduciary responsibility to ascertain the true value of his stock, that he is using as collateral. He might be behind the scenes experiencing some difficulty assembling the cash. Tesla stock would decline sharply if he tried to sell his holdings to purchase Twitter and he might lose control of Tesla.
Insufficient.
As part of normal due diligence, I would want to see a database of metadata for the past five years and access to enough archived data to be able to validate it. For example, if I were buying a manufacturing business that claimed to have 1000 regular customers I’d want to see the invoices for several years back, to prove there were at least 1000 customers who ordered on a regular basis, not just say, once a year. The point is to make sure the seller is accurately representing the company, so being shown daily orders would be of no value.
A couple of thoughts here. Elon is no dummy. He’s a smart guy, and is surrounded by some VERY smart nerds. (As a fellow nerd I can call them that). If they provide a bunch of data, the nerds could whip up some code to parse it into easy to digest chunks. So “Overwhelm them with BS” might not work. Secondly, if they report a bunch of fake info, and the sale goes through, and Elon and crew get access to the REAL info, that’s a lawsuit/criminal charges waiting to happen. I suspect the SEC would frown on such shenanigans.
And lastly (I guess I had 3 things, not 2). If #2 were to happen, everyone associated with it would be fired, and he would still own Twitter. Which MIGHT still end up being a good thing.
“comply with Elon Musk’s demands for internal data by offering access to its full “firehose,” the massive stream of data comprising more than 500 million tweets posted each day...”
Almost seems like “malicious compliance”. He wants data, so they will give him so much data it would take him decades to sort through it and find the information he needs.
That was my sense of this also. It would be incredibly stupid of Twitter to try and play games here. Elon no doubt has highly competent engineers on his team... I wouldn’t mess with him...
Computers are fast, if you haven’t heard.
The key is to obtain verifiable archive data that he can prove hasn’t been altered. In normal M&A diligence the acquiring company says, “thank you” for all summaries or rolled-up data they are given, but then “Now we’ll need to have all the archived data so we can do our own analysis”. You don’t spent millions or billions of shareholder money without doing your own independent analysis, never just relying on “trust me”. Ask anyone who has participated in corporate M&A, it’s a game of “you bet your job” whenever you make recommendations to top management about a target company, and they are relying on YOU, not on what you have been given.
They were acting like they had a choice.
> So “Overwhelm them with BS” might not work.
Elon has the best AI people around. Give them the raw data and they’ll slice and dice it to make it tell the truth. Should be pretty straightforward to unmask any obfuscations. They’ll do it for fun just to see what is in there.
No - the firehose will have raw data.
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