Elon Muskits application fake and spam It suspended Twitter in May so it could review account data. But now Tesla CEO made the threat of withdrawal from the treaty fully official.
On Monday, Musk told Twitter’s Chief Legal Officer Vijaya Gadde; in a letter addressed to him and made public on the U.S. Securities and Exchange Commission website. Twitter to the terms of the merger agreement accused of non-compliance. And then he reminded everyone that he still has the right. To cancel the purchase and “terminate the merger agreement” due to Twitter’s non-compliance.
Attorney for Musk Mike Ringler letter written by Twitter: “Mr. Musk’s May 25, 2022 and May 31, 2022 described in my dated letters; demand for data and information.”
The data referenced herein Seems like; used to calculate percentage estimates of how many accounts in its app are fake or spambots; It comes across as Twitter’s fake and spam account data.
Musk said that Twitter does not think its own percentile estimates are accurate; repeatedly stated and Twitter itself “self-analysis” asked him to provide the necessary account data for
The letter also states that, under the merger agreement, Twitter’s “In connection with the completion of the transaction by Mr. Musk; He claims that Musk believes Twitter is “refusing to comply” with its merger agreement obligations.
In the letter, if access to the data requested by Musk is given; “a non-disclosure by anyone viewing the data; It also states that it will ensure that it is subject to the contract” and will not keep or use “any competitively sensitive information”.