Elon Musk Alleges Interaction With Twitter Accounts Much Lower Lately

Elon Musk Allegedly Interacting With Twitter Account 'Much Less Recently'

Twitter has filed a lawsuit against Elon Musk after he decided to pull out of a $44 billion takeover


Amid the ongoing battle against Twitter, Tesla CEO Elon Musk said that “the engagement with most Twitter accounts recently seems to be much lower.” On Twitter, on Thursday, Musk wrote, “Engagement with most twitter accounts seems to be much lower in recent weeks and days. Exactly?”

In another tweet, Musk added, “Tesla + Twitter – >Twizzler.”

Musk’s tweet attracted many comments.

One user wrote, “That’s right.”

However, one user mocked Musk’s tweet saying, “No, Elon. We are actively ignoring you. Also, you are so delusional that you measure your life by engagement. on Twitter?”

A few days ago, the blog filed a lawsuit against Musk after he decided to pull out of a $44 billion takeover deal.

Twitter filed a petition to expedite the proceedings and requested a four-day trial in September. Musk’s legal team opposes the proposal.

“Twitter is taking this action to ban Musk from further violations in order to compel Musk to fulfill his legal obligations and to force completion of the merger when certain outstanding conditions are met,” the social media site wrote in a statement. petition. The lawsuit marks the start of what could be a lengthy legal battle as Twitter seeks to keep Musk under his agreement to pay $54.20 per share to the company.

Twitter, backed by M&A law firm Wachtell, Lipton, Rosen & Katz, alleges that Musk is seeking to get out of the deal, which entails “serious adverse effects” or breach of contract.

“Musk must try to elicit one of those things,” the lawsuit states. Musk announced the termination of a $44 billion acquisition of Twitter in a letter sent by Musk’s team to Twitter in early July.

Musk decided to suspend the deal due to repeated violations of the purchase agreement. In April, Musk reached an agreement to acquire Twitter for $54.20 per share in a transaction valued at approximately $44 billion. However, Musk shelved the deal in May to allow his team to review the veracity of Twitter’s claim that less than 5% of accounts on the platform are bots or spam.

Back in June, Musk publicly accused the microblogging site of violating the merger agreement and threatened to forego its acquisition of the social media company for failing to provide the data he had requested about its corporate documents. spam and fake accounts.

According to CNN, Musk has alleged that Twitter is “actively resisting and obstructing its right to information” as outlined in the agreement, CNN reported, citing a letter he sent to the head of the legal department. Twitter’s management, policies and trust, Vijaya Gadde.

Musk asked Twitter to provide information about its testing methods to support its claim that bots and fake accounts make up less than 5% of the platform’s active user base, a number that the company claims are not. The company has consistently stated for many years in public disclosures.

(Except for the title, this story has not been edited by NDTV staff and is published from an aggregated feed.)

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