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This is the real reason. If Twitter cannot or refuse to provide that figure, regardless of the legal fights, Twitter will be harmed by advertisers leaving which will affect stock value. Twitter do not need to know the exact figure of fake accounts, just the percentage will suffice, and the given figure of %5 is false as perceived by those who are knowledgeable on the technical front. It is more than %10 and Twitter, and investors, are afraid of that.
My favorite part will come when Twitter loses most of its paying sponsors, can't pay its bills, its stock drops like a rock, it goes up for sale, and Elon Musk offers to buy it at 1/3 the price of his previous offer.
"In early November 2013, the news wasn’t looking great for Tesla. A series of reports had documented instances of Tesla Model S sedans catching on fire, causing the electric carmaker’s share price to tumble.
Then, on the evening of Nov. 7, within a span of 75 minutes, eight automated Twitter accounts came to life and began publishing positive sentiments about Tesla. Over the next seven years, they would post more than 30,000 such tweets."
"In early November 2013, the news wasn’t looking great for Tesla. A series of reports had documented instances of Tesla Model S sedans catching on fire, causing the electric carmaker’s share price to tumble.
Then, on the evening of Nov. 7, within a span of 75 minutes, eight automated Twitter accounts came to life and began publishing positive sentiments about Tesla. Over the next seven years, they would post more than 30,000 such tweets."
Tesla isn't the one for sale. So B-b-b-ut Trump is being replaced with B-b-b-ut Tesla
they have to release the bot numbers....he's buying a business...and that's their stream
...if they don't...game over....except it will backfire....everyone will think there's billions more bots than there is..and that's why they won't release it
they have to release the bot numbers....he's buying a business...and that's their stream
...if they don't...game over....except it will backfire....everyone will think there's billions more bots than there is..and that's why they won't release it
everyone already knew there are tons of bots on Twitter..
everyone already knew there are tons of bots on Twitter..
well, everyone except Elon
Yeah, all social media platforms (like Facebook, Instagram and Twitter) have been filled with fake accounts for years. Facebook removed 1.6 billion fake accounts in Q1 2022 alone.
This lawsuit is never going to make it to it's court date. If Twitter was trying to hide the numbers, it's because it's pretty bad. So Elon is going to make them sell it to him for a fraction of the price outside of court, as long as other investors never hear the real numbers. If they drag it into court, Twitter has more to lose.
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