Musk to Hold First Meeting With Twitter Employees Since Launching Takeover Bid

Contact Your Elected Officials
The Epoch Times Header

Tesla CEO Elon Musk is set to hold his first meeting with Twitter staff this week amid his bid to purchase the social media company.

The virtual meeting, which is set to take place on June 16, was first reported by Business Insider after being announced by Twitter CEO Parag Agrawal in an email to staff on June 13. It was subsequently confirmed to the BBC by a Twitter spokesperson.

The Epoch Times has also contacted a Twitter spokesperson for comment.

In his email to Twitter employees, Agrawal said they could submit questions to businessman Musk ahead of the meeting which he could then answer.

The planned meeting will mark the first time that Musk, the world’s richest person, has addressed Twitter workers since he launched his $44 billion takeover bid of the company.

However, that bid is currently on hold amid a disagreement over precise figures regarding the exact number of automated or “bot” accounts that exist on the platform.

In May, Musk accused Twitter of allowing a significant number of bot accounts on the platform and asked that the company provide him with data stating the exact number of bot accounts, which he estimates to be up to 90 percent.

Twitter has stated during its first quarter of 2022, spam accounts represented fewer than 5 percent of monetizable daily active users, a statement that Musk disputes.

The businessman has subsequently said he will not go ahead with the deal unless Twitter provides an exact figure pertaining to spam accounts.

In a letter sent to Twitter’s chief legal officer Vijaya Gadde on June 6, Musk’s lawyers accused Twitter of “resisting and thwarting” his attempts to obtain information about the bot accounts and that doing so is a “material breach” of the deal agreement.

Lawyers said that Twitter has “refused to provide the information that Mr. Musk has repeatedly requested since May 9, 2022, to facilitate his evaluation of spam and fake accounts on the company’s platform” and that “Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies, whether through written materials or verbal explanations, is tantamount to refusing Mr. Musk’s data requests.”

“Mr. Musk has made it clear that he does not believe the company’s lax testing methodologies are adequate so he must conduct his own analysis. The data he has requested is necessary to do so,” lawyers noted.

Such a material breach, lawyers said, allows for Musk “not to consummate the transaction” and “terminate the merger agreement.”

By Katabella Roberts

Read Original Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

James Franklin’s contract fallout

Penn State’s decision to fire head coach James Franklin after a disappointing 22–21 home loss to Northwestern will cost an estimated $56 million buyout. 

Trump’s Middle East Trip Led to Historic Breakthroughs

Trump’s bold, unconventional strategy helped end the Israel-Hamas war and set the stage for a more stable, prosperous Middle East.

Pretending Really Hard

The world is real and so are its problems, too. Reality is the enemy of liberals, even though they are pretending, really hard, that it is not.

Trump 2.0’s Eurasian Balancing Act Has Failed

Trump's Eurasian balancing act has failed due to his arrogant and aggressive approach towards all three countries.

Should Palestinian clans rebelling against Hamas be given Gaza?

Hamas’s October 7 attack exposed its violent ideology, showing cruelty toward its enemies and also against the Palestinian people it claims to defend.

Trump, Patel Confirm FBI Special Agents Will Get Paid During Shutdown

FBI special agents will receive their paychecks despite the government shutdown, according to President Donald Trump and FBI Director Kash Patel.

Trump Admin Withholds $41 Million From California Over English-Language Trucking Rules

Trump admin withholds $40.6M in California transportation funds, citing failure to meet federal English proficiency rules for truck drivers.

An Inconvenient Study – Feature Film

Journalist Del Bigtree challenged a top infectious disease expert in 2016 to a vaxxed vs. unvaxxed study. The long-hidden results are finally revealed.

Federal Judge Temporarily Blocks Trump Admin’s Shutdown-Related Layoffs

A federal judge on Oct. 15 temporarily blocked President Donald Trump’s plan to lay off certain federal employees during the government shutdown. 

Trump Posthumously Awards Charlie Kirk the Presidential Medal of Freedom

President Trump posthumously awarded Charlie Kirk the Presidential Medal of Freedom in the White House Rose Garden on Oct 14, Charlie's birthday.

Trump Names Longtime Adviser Dan Scavino to Key Personnel Position

One of President Trump’s longtime advisers, Dan Scavino, is going to be in charge of selecting and appointing key positions within the executive branch.

First Lady’s Effort Helped Reunite 8 War-Displaced Children With Their Families

First lady Melania Trump said 8 children impacted by the fighting between Ukraine and Russia were reunited with their families on Oct. 9.

Trump to Impose New 100 Percent Tariff on China on Nov. 1

President Trump said that the US will impose an additional 100 percent tariffs on Chinese goods and export controls on critical software starting on Nov. 1.
spot_img

Related Articles

Popular Categories

MAGA Business Central