Glamsquad reports that Tesla CEO Elon Musk’s deal to buy Twitter is reportedly in jeopardy due to Twitter’s inability to verify spam account figures.
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Musk, who has offered to buy Twitter for $44 billion, has threatened to walk away if the company cannot demonstrate that less than 5% of its daily active users are automated spam accounts.
Last month, Twitter provided Musk and his team with access to the platform’s “firehose” of raw data on hundreds of millions of daily tweets, according to reports.
According to three people familiar with the situation, Musk’s team has concluded that Twitter’s figures on spam accounts are unverifiable.
According to the sources, Musk’s team is likely to take drastic measures, but would not reveal what they are.
During a conference call with executives, Twitter reveals that it removes 1 million spam accounts every day during a briefing aimed at shedding more light on the company’s fake and bot accounts as it battles Musk over’spam bots.’
Musk has claimed, without providing evidence, that Twitter has vastly underestimated the number of’spam bots’ – automated accounts that typically promote scams and misinformation – on its platform.
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Twitter stated during the call that spam accounts account for less than 5% of its active user base each quarter.
Twitter said it reviews ‘thousands of accounts’ at random to determine how many are malicious spam, using both public and private data such as IP addresses, phone numbers, geolocation, and how the account was created.