{"id":1593458,"date":"2022-08-07T17:46:31","date_gmt":"2022-08-07T21:46:31","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1593458"},"modified":"2022-08-07T17:46:37","modified_gmt":"2022-08-07T21:46:37","slug":"elon-musk-teases-reviving-twitter-deal-if-key-condition-is-met","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/elon-musk-teases-reviving-twitter-deal-if-key-condition-is-met\/","title":{"rendered":"Elon Musk Teases Reviving Twitter Deal If &#8220;Key Condition&#8221; Is Met"},"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\">22<\/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%2Felon-musk-teases-reviving-twitter-deal-if-key-condition-is-met%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=1593458&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>Tech entrepreneur <a href=\"https:\/\/www.theepochtimes.com\/t-elon-musk\">Elon Musk<\/a> signaled that his $44 billion deal to purchase <a href=\"https:\/\/www.theepochtimes.com\/t-twitter\">Twitter<\/a> might ultimately go through if the social media firm would provide him with data on user accounts and bots.<\/p>\n<p>\u201cIf Twitter simply provides their method of sampling 100 accounts and how they\u2019re confirmed to be real, the deal should proceed on original terms,\u201d Musk wrote on Aug. 6 in response to a Twitter user\u2019s comment. \u201cHowever, if it turns out that their SEC filings are materially false, then it should not.\u201d<\/p>\n<p>In response to a Twitter user asking if the U.S. Securities and Exchange Commission (SEC) is probing \u201cdubious claims\u201d by the company, Musk <a href=\"https:\/\/twitter.com\/PPathole\/status\/1555824425832181760\">wrote,<\/a>\u00a0\u201cGood question, why aren\u2019t they?\u201d<\/p>\n<p>Musk wrote later that he wants to challenge\u00a0Twitter CEO Parag Agrawal to a debate. About the same time, he <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1555951580339372032?cxt=HHwWgICwnf7t7JcrAAAA\">posted<\/a> a poll asking if fewer than 5 percent of daily users on Twitter were spam or bots. As of the morning of Aug. 7, about 65 percent disagreed with that assertion, while 35 percent agreed.<\/p>\n<p>\u201cI hereby challenge [Parag Agrawal] to a public debate about the Twitter bot percentage. Let him prove to the public that Twitter has [less than 5 percent] fake or spam daily users!\u201d Musk wrote.<\/p>\n<p>After Musk and Twitter jointly announced he would purchase the company and take it private, Musk said he would back out of the deal, accusing Twitter of failing to provide satisfactory answers on its claims regarding the size of its user base.\u00a0The firm filed a lawsuit against the Tesla and SpaceX CEO to complete the acquisition.<\/p>\n<h2>Trial<\/h2>\n<p>The two sides are scheduled to go to trial in October in a Delaware court that specializes in corporate matters.<\/p>\n<p>In court filings on Aug. 4, Twitter dismissed Musk\u2019s allegation that he was duped into signing a deal to acquire the company.<\/p>\n<p>\u201cAccording to Musk, he\u2014the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers\u2014was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds,\u201d the filing from Twitter stated.<\/p>\n<p>Twitter last month accused Musk of creating a \u201cpublic spectacle\u201d to acquire the company but \u201capparently believes that he\u2014unlike every other party subject to Delaware contract law\u2014is free to change his mind, trash the company, disrupt its operations, destroy stockholder value, and walk away.\u201d<\/p>\n<p>The suit further alleges that Musk\u2019s comments about the company caused its stock price to plunge in recent months. He filed a countersuit against Twitter on July 29 and accused the firm of intentionally miscounting the number of fake accounts\u00a0\u201cas part of its scheme to mislead investors about the company\u2019s prospects.\u201d<\/p>\n<p>Musk\u2019s lawyers also argued that Twitter\u2019s reliance on a metric known as mDAU, or monetizable daily active Twitter users, as a basis for calculating revenue is misleading.<\/p>\n<p>Twitter declined to comment on Musk\u2019s recent Twitter post when contacted by Reuters. The Epoch Times has contacted the San Francisco-based company for comment.<\/p>\n<div class=\"author_wrapper\">\n<div class=\"one_author_block round\">\n<div class=\"top_row\">\n\t\t\t\t\t<a href=\"https:\/\/www.theepochtimes.com\/author-jack-phillips\"><img decoding=\"async\" src=\"https:\/\/img.theepochtimes.com\/assets\/uploads\/2019\/06\/13\/Jack-Phillips.jpg\" alt=\"Jack Phillips\" \/><\/a><\/p>\n<div class=\"names\">\n<p>Breaking News Reporter<\/p>\n<\/div>\n<p>Follow<\/p>\n<\/div>\n<p>Jack Phillips is a breaking news reporter at The Epoch Times based in New York.<\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Tech entrepreneur Elon Musk signaled that his $44 billion deal to purchase Twitter might ultimately go through if the social media firm would provide him with data on user accounts<\/p>\n","protected":false},"author":1,"featured_media":1444048,"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-1593458","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\/1593458","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1593458"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1593458\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1444048"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1593458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1593458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1593458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}