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

5Mind. The Meme Platform
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

Contact Your Elected Officials
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.

Is Believing Seeing?

What if believing in something is not simply the result of seeing it, but the very mechanism that allows it to be seen in the first place?

‘Schools’ Out’

Alice Cooper's biggest hit could be a clarion call for U.S. public education, "Schools Out" because parents are choosing new options.

Fat Propaganda Roundup: Oprah’s Triumph

The vicious jihad that Oprah Winfrey has waged against her own corpulent body mass has concluded, with the pop culture icon as the undisputed victor.

Trump’s SCOTUS “Foreign Interests” Comment Explained

We've addressed claims Trump’s tariffs were illegal, but not his accusation that court members are influenced by foreign interests.

The Party Of Hate Is Unleashing Political Violence

Sec. Scott Bessent placed blame for violence against President Trump squarely on the Democrat Party who are “normalizing this violence. It’s got to stop.”

Netflix Abandons Warner Bros. Bid; Paramount Set to Take Over

Netflix Inc. will walk away from its proposal to buy Warner Bros Discovery after declining to match Paramount Skydance’s latest offer.

Hillary Clinton Says She Knew Nothing About Jeffrey Epstein’s Crimes

Hillary Clinton told Congress she has no knowledge of crimes by sex offenders Jeffrey Epstein or Ghislaine Maxwell.

Is Social Media Addiction Real? Expert Testimony Takes Center Stage in Landmark Trial

Experts say youth social media addiction is rising, but definitions, diagnosis, treatment standards, and its true scope remain unclear.

Patel Says Biden’s FBI Obtained His and Susie Wiles’s Phone Records

FBI Dir. Kash Patel claims the FBI under Biden obtained his and Susie Wiles’s phone records as private citizens and tried to conceal it.

10 Memorable Moments From Trump’s State of the Union Address

President Trump delivered the longest SOYU address in recorded U.S. history, punctuating it with emotional moments and real-life stories to illustrate policy.

Vance Announces New Phase of Fraud Investigations, Withholds $259 Million in Medicaid Funds From Minnesota

VP JD Vance announced new anti-fraud efforts during a press conference with Dr. Mehmet Oz, CMS administrator, targeting waste and abuse.

Trump Proposes New Retirement Account for US Workers Without 401(k) Access

During his State of the Union, President Trump proposed a new retirement program giving Americans without 401(k)s access to savings accounts.

Trump Hails ‘Turnaround for the Ages’ in State of the Union

President Trump delivers first second-term State of the Union, touting economic gains and saying his America First agenda is working for Americans.
spot_img

Related Articles

Popular Categories

MAGA Business Central