Elon Musk says he's withdrawing from his $44 billion deal to buy Twitter, throwing the social media company's immediate future into doubt.
Friday, Musk accused Twitter of lying about the number of bots and spam accounts on the platform, as well as failing to provide material he asked for. That includes detailed data on the number of bot and spam accounts on Twitter, the company's methodology for calculating user numbers and backup materials detailing its financial valuation.
The letter goes on to claim that, despite Twitter's alleged stonewalling, Musk's advisors analyzed the number of bots on the platform and determined that Twitter lied about their prevalence. Twitter has maintained that fewer than 5% of users are spam or fake accounts for as long as it has been a public company.
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