about a third 1/3 of accounts are spam bot fake accounts.
Musk should get a better deal since Jack and Co. cooked the books for years.
Fake accounts a legitimate concern. Musk could get a better deal, or he walks for less than .5% of his net worth.
Uh oh. So, public opinion has been driven by bots programmed by mostly foreign techs working for Twitter? Giant digital Trojan Horse.
Isn’t it a crime to lie to shareholders? Plus they lied to make the sale. DOJ should start locking people up.
Biden Admin Launches Investigation into Elon Musk over Twitter Purchase.
Musk will either own Twitter and make important changes, or ...
Musk will reveal the lies and crimes of Twitter’s corporate accounting and destroy the company as he walks away from the deal.
Win-Win.
I’m assuming this is all part of some kind of grand strategy … because I can’t imagine anyone with an IQ over 70 would have bought a social media platform without knowing that huge numbers of its accounts are fake.
Twitter down 12.9% at 5:31 AM PDT.
To this day, I question why Musk committed $1 billion to the deal that can be lost if he backs out. There was a feeling someone was going to put him into a position of forfeiting the money.
Looks like Twitter may have just hit the iceberg.
When I was on Twitter I looked through Obama’s followers. I didn’t get through the millions of them but I can tell you the first 500 of them about 80 percent never tweeted or retweeted anything. They just followed Obama. It’s tedious to do but many articles about fake followers were out there.
I have been saying this deal was not going to go through and used the subscribers as a possible reason for him to get out BUT...I did see this article yesterday
However, falsely stating subscribers would seem to be different than just bad business environment
Sounds like he took Steve Bannons advice.
Buy the dip! He already knows all of this.
I wonder if the offer to buy Twitter was just a way to get Twitter to “open their books”, to expose the site for what it is.
If it is true that the number of fake accounts is much larger then already known, then they are no different then any business that lies to their stockholders, and I believe there are laws against that.
As Twitter supplies more and more documents to Elon Musk, the more secrets that Twitter wanted to keep secret will be exposed. Only they know what secrets will put them in financial and/or criminal jeopardy. The best part is not providing the documents may be as bad as what they are hiding (remember, the cover up is often worse then the crime).
It is hoped that this keeps them too busy to interfere with the 2022 mid-terms.
What is your price, Jim Robinson?
He destroyed Twitter- Mission Accomplished!
It may be worth a billion to know that all social media and polls are ran by fake bots.
Anyone can go to the dark net and pay a botmaster to unleash an army of bots. These bots can be used to inflate user numbers, likes or launch political attacks.
This is the beginning of the end for social media companies like Twitter and Fakebook. Advertisers have been lied to about the number of users on social media. Here come the lawsuits.
I expect that Musk will buy Twitter for pennies on the dollar and re-brand it.