A few weeks ago, Elon Musk offered a $44 billion deal to Twitter and requested the social media giant to give an exact count of Fake accounts. The firm initially denied the allegations, but later admitted that well over 5% of its total accounts were bot generated.
Tesla Chief Musk then issued a statement asking Twitter to be specific on the count of the accounts that were generated by Twitter Bots.
And as the world’s third networking giant failed to come up with a convincing report, the owner of StarLink, the satellite-based internet service, withdrew from the acquisition deal.
Twitter is now claiming that it is extremely concerned about the massive amounts of user data it handed over to Elon Musk, as he wanted to have an insight into the information generated by users.
Now, it claims that the Tesla CEO will be using the given 53 terabytes of data to develop a competitor app and so if he backs down from the deal; it has to incur huge losses soon.
Thus, Twitter is planning to drag musk to the court for breaching the contract and putting forward a fake $44 billion deal that was never meant to be real.
Musk seems to be cool on the issue as his legal representatives are convinced enough that Twitter cannot withstand their claims in the court of law as the company attempted several breaches of contracts such as terminating the services of some C-level employees without the consent of Musk and failed to disclose valid info about spam accounts.
Only time can tell us more about developments!
