Elon Musk's Twitter Buyout Is Reportedly in 'Serious Jeopardy' – IGN

Disagreements over spam accounts could alter the deal. A new report has suggested that Elon Musk’s plan to buy Twitter is in “serious jeopardy”, with the billionaire believing that the social network’s spam account figures are not verifiable.According to The Washington Post, Musk and his team have doubts over the figures Twitter has provided in regards to how many spam accounts are registered on the service. The publication’s sources say Musk’s belief that these figures are not verifiable means that he does not have enough information to evaluate Twitter’s prospects as a business venture. It is expected that Musk will take “potentially drastic action” in response. Starting in May, Musk threatened to walk away from his Twitter buyout if the platform didn’t meet his demands over spam accounts. He initially said that he would not purchase the social network unless it could confirm less than 5% of accounts were fake or spam bots, and while Twitter itself claims that the number does indeed hover around 5%, Musk appears to be unsatisfied with their data. While Musk may well take “drastic action” and attempt to step away from the deal, it will not be a clean break. As The Washington Post…
Read More