Musk-Twitter Deal: Legal Experts Believe It Would Be Difficult to Prove Investors Were Misled Over Bot Details

https://ift.tt/lZbTLED Musk-Twitter Deal: Legal Experts Believe It Would Be Difficult to Prove Investors Were Misled Over Bot Details Elon M...

https://ift.tt/lZbTLED Musk-Twitter Deal: Legal Experts Believe It Would Be Difficult to Prove Investors Were Misled Over Bot Details Elon Musk tweeted on Tuesday that his $44 billion (roughly Rs. 3,40,923 crore) deal to acquire Twitter could not proceed until the company shows proof to back its estimate that spam accounts make up less than 5 percent of its user base. Even if Twitter's estimate is off, it would not be an easy task to prove that Musk and investors were misled over bot accounts.

By DEEPU AHIRWAR