Fakoyejo OlalekanThe world’s richest man, Elon Musk, has challenged Twitter Chief Executive Officer, Parag Agrawal, to a public debate to settle the completion of their $44 billion acquisition deal.
Musk requested to debate Agrawal on the method Twitter uses to determine the company’s bot users, after the tech investor and the company’s management disagreed over the actual number.
Join our WhatsApp ChannelPrime Business Africa had reported a month ago that Musk pulled out of the deal to acquire Twitter, resulting to the company filing a lawsuit against the Tesla Chief Executive Officer.
The billionaire had accused Twitter board of breaching the contract terms, which involves refusal to submit information requested by Musk and his lawyers. He also also alleged that the company provided false and misleading” statements.
Twitter had claimed that less than 5% of the 300 million accounts using the social networking site are bots, however, Musk countered the claim, insinuating that the percentage is more than initially reported by the firm.
In a statement addressing the acquisition deal on Sunday, Musk promised the deal will continue if Twitter provide proof that the fake accounts are less than 5% of its total monetised daily active users (mDAU).
Musk wrote, “Good summary of the problem. If Twitter simply provides their method of sampling 100 accounts and how they’re confirmed to be real, the deal should proceed on original terms.
“However, if it turns out that their SEC filings are materially false, then it should not. I hereby challenge @paraga to a public debate about the Twitter bot percentage. Let him prove to the public that Twitter has <5% fake or spam daily users!”
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