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Musk accuses Twitter of fraud in $44 billion acquisition deal



Time:8/6/2022 12:05:54 PM

Golden Finance reported that according to court documents, Elon Musk accused Twitter of fraud in a $44 billion acquisition transaction. Musk argued that the true value of the social media platform was far less than the amount he had originally agreed to pay. Musk said the decision to acquire the company was based on the company's business being in good shape. His investigation into the company's valuation showed that the number of bot accounts on the platform exceeded official figures. According to him, Twitter deliberately provided false information to support its metrics.

Citing another instance of disinformation shared by Twitter, Musk's team wrote that the company disclosed that "the platform has 238 million monetizable daily active-ethexc users, but those who actually saw the ads were approximately fewer than Twitter represents." 65 million.

Earlier this year, Musk offered to buy Twitter for $44 billion, but withdrew from the deal in July.

Other news:

Musk bombarded Netflix: The value of the program is problematic, making it impossible to watch: News on April 22, Tesla and SpaceX CEO Elon Musk (Elon Musk) recently responded to streaming media giant Netflix paid subscription The article on user loss criticized its "program full of divisive and xenophobic content, making it impossible to watch".

Netflix claimed in its latest earnings report that it lost 200,000 subscribers in the first quarter of 2022, the first time in more than a decade. In addition, the company expects that it may lose 2 million subscribers in the second quarter.

Netflix cited several issues that have negatively impacted the company's growth, including large-scale password sharing and competition from other streaming services. (NetEase Technology) [2022/4/22 14:41:34]

Musk sold 83.14% of Tesla shares he promised to sell: On December 23, according to the US Securities and Exchange Commission documents, Tesla CEO Elon Musk sold 340,564 shares of Tesla on December 22. Since November 8, Musk has sold about 14,175,167 Tesla shares, accounting for 83.14% of his previously committed shares. (Golden Ten) [2021/12/23 7:58:09]

Mayer Musk blind box will be on the shelves on July 1, Beijing time: On June 30, Elon Musk’s mother, Mayer Musk, revealed on her social media that her blind box will be on the shelves on July 1, Beijing time. The platform for snapping up the blind box is Radio Caca Gallery on Bakeryswap. And CZ reposted it immediately. CZ has reposted and commented on Musk's NFT plan many times before.

Jeff, the head of RACA Asia, revealed that the total number of blind boxes is 6,000, which are limited and scarce. Each blind box has a different number, and the number is directly printed on the NFT. The first batch of 1,000 will be on the shelves, but it may be changed to July 1st. 100. The remaining 900 will be released in 2 batches later. The specific release time has not yet been determined.

According to the RACA community, the Mayer Musk Blind Box is the only Musk blind box, and the only tokens that snap up the Mayer Musk blind box are RACA and BUSD. [2021/7/1 0:19:37]

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