In a corporate setting, there are a few things that are forbidden. Deliver work on time, show up on time, and most importantly, don’t use smileys in the company’s group chat. Professionalism 101.

As it turns out, when someone gets to the top echelon of an exclusive club of billionaires, those rules are pretty effective. Elon Musk put the entire food chain social media on the edge of their seats when (in a rather colorful way) handed over responsibility to Twitter CEO Paraguay Agraval to provide proof that the platform’s user base consists of <5% spam / fake accounts. . Earlier, Musk tweeted that The purchase of Twitter has been suspendedpending the above evidence.

Responding to the Teslarati story, Musk tweeted “20% of fake / spam accounts, while 4 times what Twitter claims could be * much * higher. My proposal was based on the accuracy of the SEC’s Twitter documents. ” He also issued an ultimatum, stating that “This deal cannot move forward until it does so”, urging the CEO of Parago Agraval to come forward with evidence to support the SEC’s filing numbers.

Earlier, Agraval explained in a series of tweets how Twitter managed spam accounts. He also conveyed the inability of the platform to allow external analysis, avoid the disclosure of private information. The long thread on Twitter did not cause much gratitude from Mask, because all he had to add to the conversation – it’s a smile. (Yes, a smiley is a real word.)

The intention, of course, is difficult to determine, but it is reasonable to reduce it to two options. Either Musk is trying to cancel the deal (which will result in a $ 1 billion fine), or he is trying to bargain for a sweeter deal. Twitter’s stock price fell about 8% to $ 37.39. The latter will mean that shareholders may have to settle for less than the original offer – $ 54.20 per share.

Musk was quite critical of the product he had worked on so much. He takes his share of Jibes on Twitter about their leadership and the algorithm behind the app. His word has considerable power to persuade the average trader to take a bearish approach. The U.S. SEC that watched the deal seems to have swallowed its whistle around this potential market manipulation incident.

Twitter certainly wasn’t looking for buyers when Musk made his blockbuster offer, which raises reasonable suspicions as to why the problem is now of such magnitude, but wasn’t even brought to his attention until the deal was completed. Musk’s still wise entrepreneurial instinct makes sure he gets exactly what he pays for.

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