Tesla CEO Elon Musk's $44 billion deal to purchase Twitter, but pulling out now could prompt drastic legal action, according to a Thursday report.
Twitter said it removes 1 million spam accounts each day in a call with executives Thursday during a briefing that aimed to shed more light on the company's fake and bot accounts.
Twitter said on the call that the spam accounts represent well below 5% of its active user base each quarter. Private data, which isn't available publicly and thus not in the data "firehose" that was given to Musk, includes IP addresses, phone numbers and location. Twitter said such private data helps avoid misidentifying real accounts as spam.
Twitter pointed FOX Business to a statement it made in early June, saying it will continue to cooperatively share information with Musk "to consummate the transaction in accordance with the terms of the merger agreement." "We believe this agreement is in the best interest of all shareholders," Twitter said. "We intend to close the transaction and enforce the merger agreement at the agreed price and terms."FOX Business has reached out to Musk for comment but did not hear back before publication.
Later Thursday, the Twitter account of the purported creator of Dogecoin responded to a post about Twitter supposedly removing more than 1 million spam accounts each day writing: "how many new real accounts does it have per day i wonder." The Associated Press contributed to this report.
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