Twitter gives in to Elon Musk’s whims, but it surely won’t be enough for him | TechBuzz

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Elon Musk is still threatening not to buy Twitter after committing to it. The social network, determined to force him to keep his word, will agree to give him access to all the tweets published on the platform in real time, so that he can calculate the number of fake accounts himself.

Elon Musk is convinced that the number of fake accounts on Twitter is much higher than what the platform claims. Never mind: the social network has just decided, according to several Anglo-Saxon media which echo it on June 8, 2022, to send the billionaire all the tweets published on its platform. This corresponds to approximately 500 million tweets per day.

Behind this decision, however, hides a problem that is obvious: this flow of messages is not likely to really help Elon Musk and his teams to calculate the rate of false accounts. In reality, the problem is deeper and depends on accounting methods that are different.

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Twitter uses both an algorithmic and human technique to determine that there are, according to it, only 5% of accounts that are fake (i.e. not considered human) on its service. . Musk, for his part, does not want to believe it and maintains that Twitter would lie about this rate.

Why does Elon Musk care so much about the number of fake accounts on Twitter?

To understand why this element has become crucial in the news of the social network and the billionaire, we must go back a few weeks. Elon Musk made a takeover bid for Twitter in April for $44 billion, provoking, besides surprise, some fear of interventionism on a platform capable of making and breaking the political-media agenda. In addition, the boss of Tesla boasts a vision of his own of “freedom of expression”: he is convinced that the voice of the conservatives would be censored on Twitter, even though the data of the social network proved that the right was there. more amplified than the left.

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However, while Elon Musk has been making provocative statements in recent months, proud of his ability to acquire one of the largest platforms in the world on his own, the stock market has experienced upheaval. The war in Ukraine, the scarcity of raw materials and the increase in the cost of energy caused a fall in prices, dragging with them the valuation of Tesla. However, Musk’s fortune is based in part on the value of the firm that manufactures electric cars. Moreover, the manufacturer could part with 10% of its payroll because of this tense context: Musk says he has a ” really bad feeling on the near economic future of his company.

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This is how the entrepreneur has raised doubts about the final takeover of Twitter since mid-May. According to him, the social network could earn more money if it really hunted down fake accounts, which would make it possible to show advertisements to more “real” humans. However, if the rate of fake accounts is actually much lower than he imagines (the famous 5% according to Twitter), then part of his rescue plan could not be put in place.

Elon Musk Twitter
Source : Numerama

What data will Musk have?

He is thus trying to use the lack of information on fake accounts as an excuse to justify abandoning his approach (he would have to be able to prove, legally, that Twitter deliberately misled him), or else try to lower the value of the social network to buy it back at a lower cost.

If Twitter gives Musk access to all the tweets published on the platform as well as the related data (which account is tweeting and from which device), then the billionaire would have all the existing information to try to calculate the false rate himself. accounts on the platform. However, as the Washington Post points out, some Twitter executives are skeptical about the relevance of this data, which the platform has already been selling to dozens of companies for years, to determine exactly how many real users are on the service. .

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On his side, “Twitter will continue to cooperate by sharing information with Mr. Musk to complete the transaction, in accordance with the terms of the merger agreement the company said in a June 6 statement. “ We are convinced that this agreement is in the best interest of all shareholders. We intend to close the transaction and enforce the merger agreement at the agreed price and terms.

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I am admin of techbuzz.asia blog & I provide tech-related news. As a part of my hobby, I make content related to technology and gadgets reviews too. I love to be a content creator apart from it, I am a full-time employee in an MNC company and manage blogs systematically. You can mail me at [email protected]

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