{"id":1508102,"date":"2022-06-08T15:50:59","date_gmt":"2022-06-08T19:50:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1508102"},"modified":"2022-06-08T15:51:03","modified_gmt":"2022-06-08T19:51:03","slug":"twitter-reverses-course-complying-with-elon-musks-demands-for-transparency","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/twitter-reverses-course-complying-with-elon-musks-demands-for-transparency\/","title":{"rendered":"Twitter Reverses Course, Complying With Elon Musk\u2019s Demands For Transparency"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftwitter-reverses-course-complying-with-elon-musks-demands-for-transparency%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1508102&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>Twitter\u2019s Board of Directors reportedly now plans to comply with a demand from Elon Musk to turn over internal data after Musk threatened to terminate his $44 billion purchase of the company for refusing to provide details related to how many bot accounts are on the platform.<\/p>\n<p>\u201cThe information could be provided as soon as this week,\u201d The Washington Post <a href=\"https:\/\/www.washingtonpost.com\/technology\/2022\/06\/08\/elon-musk-twitter-bot-data\/\">reported<\/a>. \u201cCurrently some two dozen companies pay for access to the trove, which comprises not only a real-time record of tweets but the devices they tweet from, as well as information about the accounts that tweet.\u201d<\/p>\n<p>An attorney for Musk said in a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/0001494730\/000110465922068347\/tm2217761d1_ex99-o.htm\">letter<\/a> to Twitter\u2019s general counsel and head of legal, policy, and trust, Vijaya Gadde, that the social media company was \u201cactively resisting and thwarting his information rights\u201d as agreed to in the contract.<\/p>\n<p>\u201cThis is a clear material breach of Twitter\u2019s 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,\u201d the letter said.<\/p>\n<p>The number of fake accounts on the platform could inflate the company\u2019s ad revenue and thus lead Musk to seek to renegotiate how much he is willing to pay for the company.<\/p>\n<p>Texas Attorney General Ken Paxton (R) announced on Monday that his office had opened an investigation into Twitter \u201cfor potentially false reporting over its fake bot accounts.\u201d<\/p>\n<p>Paxton said in a press release that the investigation centers on discovering whether Twitter has violated the Texas Deceptive Trade Practices Act.<\/p>\n<p>In a <a href=\"https:\/\/www.texasattorneygeneral.gov\/news\/releases\/ag-paxton-launches-investigation-against-twitter-potentially-deceiving-texas-consumers-texas\">statement<\/a>, Paxton\u2019s office said:<\/p>\n<p><em>On Twitter, \u2018bots\u2019 are automated, non-human accounts that can do virtually the same things as real people: send tweets, follow other users, and like and retweet others\u2019 posts. Spam accounts like these inflate followers and reach, and often push deceptive and annoying activity. Bot accounts can not only reduce the quality of users\u2019 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.<\/em><\/p>\n<p><em>Twitter has received intense scrutiny in recent weeks over claiming in its financial regulatory filings that fewer than 5% of all users are bots, when they may in fact comprise as much as 20% or more. The difference could dramatically affect the cost to Texas consumers and businesses who transact with Twitter.<\/em><\/p>\n<p><em>To address this concern, Attorney General Paxton issued a Civil Investigative Demand (CID) to investigate whether Twitter\u2019s reporting on real versus fake users is \u201cfalse, misleading, or deceptive\u201d under the Texas Deceptive Trade Practices Act. The CID requires Twitter to turn over documents related to how it calculates and manages its user data and how these numbers relate to Twitter\u2019s advertising businesses. Twitter has until June 27 to respond to Attorney General Paxton\u2019s Demand.<\/em><\/p>\n<p>\u201cTexans rely on Twitter\u2019s public statements that nearly all its users are real people. It matters not only for regular Twitter users, but also Texas businesses and advertisers who use Twitter for their livelihoods,\u201d Paxton said. \u201cIf Twitter is misrepresenting how many accounts are fake to drive up their revenue, I have a duty to protect Texans.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter\u2019s Board of Directors reportedly now plans to comply with a demand from Elon Musk to turn over internal data after Musk threatened to terminate his $44 billion purchase of the company for refusing to provide details related to how many bot accounts are on the platform. \u201cThe information could be provided as soon as &#8230;<\/p>\n","protected":false},"author":102,"featured_media":1508977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1508102","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1508102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/102"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1508102"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1508102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1508977"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1508102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1508102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1508102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}