Business
Few 'unresolved matters' still remain with Twitter: Elon Musk
New Delhi, June 21
Tesla and SpaceX CEO Elon Musk on Tuesday said that there are still a few "unresolved matters" with Twitter before he moves ahead with his $44 billion takeover deal.
Addressing the Qatar Economic Forum organised by Bloomberg, the world's richest man said that he is still waiting to know the presence of the actual number of bots on the platform.
"There is the question of, will the debt portion of the round come together and then will the shareholders vote in favour," he said.
"I'd like to get like 80 per cent of North America and half the world on Twitter, which means the service needs to be appealing to people. They can't be harassed," Musk was quoted as saying.
He said he will focus on "driving the product" at Twitter and does not want to become the CEO of the micro-blogging platform.
Annoyed at the presence of fake users and bots on Twitter, Musk in May put the $44 billion takeover deal on hold.
Musk said he does not believe in Twitter findings, which claim that false or spam accounts represent fewer than 5 per cent of its monetisable daily active users (229 million).
He said that Twitter's algorithm might be manipulating users and has "very bot-friendly" rules.
Musk also asked the US Securities and Exchange Commission (SEC) to probe whether Twitter's claim on the number of its user base is true.
According to him, Twitter could have at least four times more fake accounts than what has been revealed in its US SEC filing.
35 minutes ago
"People that are against tariffs are fools": Trump says at least $2,000 dividend a person coming for Americans
37 minutes ago
Explosive claims rock Dhaka; Ex-Minister points finger at US Aid giant, Clintons in Hasina's downfall
38 minutes ago
"What a terrible thing for Democracy!": Trump decries BBC executives over reports of doctoring speech
48 minutes ago
Mukesh Khanna says 'Glad to see that the essence is alive' as Shaktimaan Returns in a new avatar
49 minutes ago
Censor Board clears Arjun, Aishwarya Rajesh-starrer 'Theeyavar Kulai Nadunga' for release with U/A certificate
49 minutes ago
Keerthy Suresh's 'Revolver Rita' to now hit screens on November 28
50 minutes ago
Karan Johar says 'this means everything to us' after Martin Scorsese hosts Homebound NYC screening
51 minutes ago
Jorma Tommila can create emotions with almost no dialogue, says 'Sisu' director Jalmari Helander
52 minutes ago
Sonu Nigam says 'singing Shiva bhajans with Shaan was truly special'
53 minutes ago
Mona Singh: Love to rediscover slow mornings, long conversations without technology
54 minutes ago
Shilpa Shetty has a new workout challenge for all the fitness freaks out there
56 minutes ago
'Thulluvadho Illamai' fame actor Abhinay passes away
1 hour ago
Remains of Israeli soldier held by Hamas since 2014 transferred to Israel
