Twitter has said bots and fake users represent less than 5% of its accounts, but Paxton says the percentage may be higher
Texas Attorney General Ken Paxton in Washington, D.C., on April 26, 2022. He said Monday he will launch an investigation of Twitter to find if the social media company is downplaying the percentage of fake users on the platform.Texas Attorney Generalsaid Monday he is investigating Twitter over its reporting of how many accounts on the platform are from bots and fake users, saying the company may be misrepresenting the number to inflate its value and raise its revenue.
Twitter has claimed in its financial regulatory filings that less than 5% of its daily active users are spam accounts. But Paxton on Monday alleged that spam accounts could make up as much as 20% of users or more. “Bot accounts can not only reduce the quality of users’ experience on the platform but may also inflate the value of the company and the costs of doing business with it, thus directly harming Texas consumers and businesses,” Paxton said.False reporting of fake users could be considered “false, misleading, or deceptive” under the Texas Deceptive Trade Practices Act, he said.
“This is a clear material breach of Twitter’s obligations under the merger agreement and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement,” an attorney representing MuskMusk has previously said the acquisition “cannot move forward” until the company provides proof of its spam metrics.
Paxton sent Twitter a civil investigative demand in 2021 after it banned former President Donald Trump from its platform following the Jan. 6 attack at the U.S. Capitol. Twitter at the timeDisclosure: Facebook has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune's journalism.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Texas Attorney General Ken Paxton Launches Twitter Bots Probe After Musk's Public ComplaintsKen Paxton, the attorney general of Texas, is investigating Twitter over its reported user numbers.
Weiterlesen »
Texas Attorney General Ken Paxton Launches Twitter Bots Probe After Musk's Public ComplaintsKen Paxton, the attorney general of Texas, is investigating Twitter over its reported user numbers.
Weiterlesen »
Elon Musk Threatens to Ditch Twitter Deal Over Fake AccountsElon Musk is threatening to terminate his deal to buy Twitter, with his lawyer alleging that the company hasn't properly allowed him to evaluate the number of fake accounts on the platform.
Weiterlesen »
Elon Musk warns he'll drop Twitter deal if he doesn't receive requested dataElon Musk said the deal to buy Twitter can’t go forward unless the company can show that less than 5% of accounts are fake or spam.
Weiterlesen »
Musk accuses Twitter of withholding data on fake accounts in letterElon Musk accused Twitter of “actively resisting” his right to information about bogus accounts on the social media platform and violating the terms of their $44 billion sale agreement, according to a letter sent Monday.
Weiterlesen »
Elon Musk Threatens to End Buyout Deal with Twitter Over Fake AccountsTesla CEO Elon Musk is threatening to end his $44 billion buyout offer of Twitter, accusing the social media company of not complying with his request for data on how many fake accounts exist on the site.
Weiterlesen »