The billionaire lawyers assure that the social network has not respected its commitments made in the agreement, by not giving all the information requested on the number of false accounts and spam.
Le Monde with AFP
Thunder on the world of social networks. The American billionaire Elon Musk decided to end his project to take over the Twitter platform. In a letter published by the American stock market gendarme, his lawyers assure that Twitter did not comply with the commitments made in the agreement, by not giving all the information requested on the number of false accounts and spam.
Elon Musk, which was to acquire the social network for $ 44 billion (more than 43 billion euros), has questioned, on several occasions, the data transmitted by Twitter on spam, false accounts and means put in place to limit its proliferation.
towards legal proceedings?
At the beginning of June, the group’s board of directors agreed to allow Elon Musk access to the mountains of data necessary to answer his questions on this subject, after the businessman threatened, In an official document, to withdraw your offer. The richest man in the world and his team therefore undertook to analyze this raw data to determine whether the percentage of false accounts really represents less than 5 % of the daily active users of Twitter, as the network affirms.
By putting an end to his commitment to buy Twitter, Elon Musk is exposed to substantial legal proceedings. The two parties have undertaken to pay a rupture compensation that can go up to 1 billion dollars in certain circumstances.