The fight is going on, and Elon has clearly said that the deal cannot happen until Twitter proves the percentage of spambots is less than 5%, as claimed during the SEC filing by Twitter.
Musk says Twitter is lying about spam/fake accounts, and the percentage of spam accounts on Twitter is above 20%
Musk said in a Tweet,
My offer was based on Twitter’s SEC filings being accurate,” Musk tweeted. “Yesterday, Twitter’s CEO publicly refused to show proof of <5%. So this deal cannot move forward until he does.
Musk even published a poll on Twitter to his more than 93 million followers
Twitter claims that >95% of daily active users are authentic, unique humans. Does anyone have that experience?”
What does Musk say?
Musk declared that the Twitter is temporarily on hold, although he is still committed to the acquisition,
What does the community feel?
The community is speculating that Musk is trying to secure a better price out of the negotiation.
What happened to Twitter with the paradox?
Twitter shares went down by 1.7% in the trading; the Twitter share is now trading at $36.80 per share, whereas Musk’s offer is $54.20.
Twitter CEO Parag Agarwal says:
Twitter suspends over half a million spam accounts every day. He said the 5% estimate is based on multiple human reviews of thousands of accounts sampled at random.
What is a spam account?
A spam account is the one with a fake name, email, phone, profile picture, Twitter handle etc. altogether; no details are genuine,
You can also create a fake account using dummy account details.
Signs you can spot a fake Twitter account?
- Unreal amount of Tweets
- No follower count
- Missing engagement
- Missing author bio
- No profile image or stock images
- Handle name looks confusing
Twitter Bots
A lot of fuss is going in and around Twitter bots as well; bots are automatic programs used to perform specific tasks and actions. E.g.
On Twitter, actions are
- Retweets
- Post
- Quote Tweet
- DM’s
- Like
- Hashtags etc.
You have created a bot to reply to a thank you message to whoever sends you a DM.
You can create a bot to retweet whenever someone uses a keyword with a hashtag ‘Google’ or ‘Life’ or any word.
You want to retweet a post from any specific account.
You can create Twitter bots too
- By applying for a Twitter developer account.
- You can create a project, and you will be given API keys.
- Edit setting for reading/write permissions.
- Generate access tokens
- Then program your first Twitter bot; the website gives simple instructions using which you can create your first bot to perform specific actions.
The latest update on the Twitter deal?
The twitter deal is on hold due to spam/fake/bot accounts data submitted, in which Twitter says spam accounts are less than 5%. However, failed to prove it when asked by Elon. Where he feels spam/fake accounts are more than 20%.
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