![]() ![]() He and Agrawal exchanged a series of tweets about the issue of fake accounts on Monday. It is not clear how Musk arrived at the 20 percent figure. This deal cannot move forward until he does." "Yesterday, Twitter's CEO publicly refused to show proof of <5%. ![]() "My offer was based on Twitter's SEC filings being accurate," Musk wrote. Musk, the world's richest man, claimed that 20 percent of Twitter accounts were "fake/spam accounts" and that figure was "4 times what Twitter claims, could be *much* higher." ![]() An audit has found that almost half of Biden's followers on Twitter are fake. US President Joe Biden delivers remarks during the National Peace Officers Memorial Service at the US Capitol in Washington, DC, on May 15, 2022. Musk said early on Tuesday that his $44-billion deal to purchase the social media company could not go ahead until issues with fake accounts were resolved and he appeared to criticize Twitter CEO Parag Agrawal. Tesla CEO Elon Musk, who is currently trying to buy Twitter, has expressed concerns about the number of fake accounts and a potential crack down could see users such as Biden lose a huge number of followers. SparkToro's tool found that 49.3 percent of accounts following the official Twitter account are "fake followers" based on analysis of a number of factors, including location issues, default profile images and new users. Newsweek has asked the White House and Twitter for comment.Half of Joe Biden's Twitter Followers Are Fake, Audit RevealsBy Darragh Roche On 5/17/22 at 7:50 AM EDTĪlmost half of President Joe Biden's current 22.2 million followers on Twitter are fake accounts, according to an audit tool provided by software company SparkToro. Musk's decision to put the deal on hold knocked 15 percent off Twitter's share price in pre-market trading on Friday. Twitter has been reporting that five percent estimate since 2019 and it has been mentioned in the company's last 11 quarterly reports. Musk announced on Twitter on Friday that the deal to buy the company was "temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users." Musk's account has more than 93.3 million followers and SparkToro's tool found that 70.2 percent of those accounts are fake. The software company's tool also found that Biden's account has more fake followers than most. Elon Musk Says Twitter Deal Is 'On Hold' Over Fake Accounts.Amber Heard Met Elon Musk After Johnny Depp Stood Her Up at Met Gala.Elon Musk Says He'll Vote Republican for First Time in Next Election.Elon Musk Reacts to Analysis on Twitter Takeover Hurdle-'Interesting'.or because they're no longer active on Twitter)." SparkToro defines fake followers as "accounts that are unreachable and will not see the account's tweets (either because they're spam, bots, propaganda, etc. Twitter's stock price is now $36.80 per share, significantly less than the $54.20 per share that Musk has offered. There has been speculation that Musk may be using the fake accounts issue to negotiate a better deal for Twitter. Musk initially responded to Agrawal's 13-tweet thread with a poop emoji and later wrote: "So how do advertisers know what they're getting for their money? This is fundamental to the financial health of Twitter." The Twitter CEO also said the company has estimated "every quarter" that less than five percent of monetizable daily active users (mDAU) were spam accounts. We also lock millions of accounts each week that we suspect may be spam, if they can't pass human verification challenges (captchas, phone verification, etc)," Agrawal wrote. "We suspend over half a million spam accounts every day, usually before any of you even see them on Twitter. ![]()
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