Twitter collapse 2022

A court order has required Twitter to provide more information about random accounts and bots in its customer base to Elon Musk.

 

This comes at a time when the company is in a legal battle to push him to complete the $44 billion acquisition deal.

 

9,000 accounts Delaware District Judge Kathleen St. J. McCormick has ruled that Twitter must hand over information on 9,000 accounts that it conducted

He surveyed her last year in the hope of identifying people associated with her. Twitter sought to prevent Musk from accessing this "historic snapshot" for privacy and other reasons.

In its ruling, McCormick said Twitter also "must provide sufficient documentation to show how those 9,000 accounts were selected for review."

At Wednesday's hearing, Musk's lawyers accused their Twitter counterparts of procrastinating about making bot account data available in pre-trial exchanges.

Twitter did not immediately respond to a request for comment. "We look forward to reviewing the data that Twitter has been hiding for several months," Alex Spiro, a lawyer representing Musk, said in an emailed statement.

Earlier, Musk said Twitter's misinformation about the number of random accounts and the bot gave him a good reason to opt out of his $54.20 per share offer to buy the platform.

Exaggerated Judge McCormick issued the order among several injunctions issued Thursday, partially agreeing to Musk's request for the data, but saying his full request was "exaggeratedly broad."

On June 15, the data review unit of the US Capital Market Authority sent a letter to Parag Agrawal, CEO of Twitter,

To request details of the method the company uses to calculate fake and fake accounts, which it said represented 5% of total subscriber accounts.

This estimate became a key point in the dispute between the company and the American billionaire Elon Musk, the owner and head of the electric car maker Tesla, who made an offer to buy Twitter for about $ 44 billion and then backed out of the deal, claiming that the company did not provide him with accurate data on the fake and fake accounts.

The two sides vie in the case as they prepare for a trial on October 17, prompting a torrent of subpoenas for equity investors, advisors and banks involved in the proposed acquisition.

On June 15, the data review unit of the US Capital Market Authority sent a letter to Parag Agrawal, CEO of Twitter, to request details about the method used by the company to calculate the fake and fake accounts, which it said represent 5% of the total accounts of subscribers.

This estimate has become a key point of contention between the company and American billionaire Elon Musk, owner and president of electric car maker Tesla.