Musk Suggests Slashing Twitter Takeover Offer Based on Bot Numbers

Musk Suggests Slashing Twitter Takeover Offer Based on Bot Numbers
Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. REUTERS/Dado Ruvic/Illustration
Naveen Athrappully
Updated:
0:00

Elon Musk has suggested he wants to slash his initial $44 billion takeover bid for social media platform Twitter after accounting for the proportion of bots present on the microblogging site.

“I’m worried that Twitter has a disincentive to reduce spam, as it reduces perceived daily users,“ Musk said in a series of tweets on May 21. ”They still refuse to explain how they calculate that 5% of daily users are fake/spam! Very suspicious.”

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