Twitter Agrees to Share More Data on Accounts with Elon Musk Amid Acquisition Concerns

The ongoing saga of Elon Musk's potential acquisition of Twitter has taken another turn. Twitter will yield to billionaire Elon Musk's demand for internal data central to a stand-off over his troubled multibillion-dollar bid to acquire the company. This concession comes after significant pressure and escalating tensions surrounding the number of bot and fake accounts on the platform.

The dispute initially arose when, on Monday, Musk warned he might walk away from the $44 billion takeover deal to acquire the company if Twitter fails to provide the data on the bot, spam, and fake accounts. After Elon Musk threatened first on his Twitter account, and later in a letter from his lawyers, to back out of his deal to acquire Twitter unless the company supplied him with sufficient data, the stakes were raised dramatically.

Twitter plans to offer Elon Musk access to its “firehose” of raw data on hundreds of millions of daily tweets in an effort to push forward the Tesla billionaire’s agreed-to $44 billion acquisition. This unprecedented access aims to address Musk's concerns and validate Twitter's claims regarding the percentage of spam and fake accounts on the platform.

A Delaware judge has ordered Twitter to hand over more data to Elon Musk relating to how it calculates bot and fake accounts on its platform but stopped short of fully granting all of Musk's requests. The judge's decision underscores the importance of this data in determining the future of the acquisition.

SAN FRANCISCO (AFP, NYTIMES) - The agreement to share more data represents a significant shift from Twitter's previous stance. While the full impact of this data sharing remains to be seen, it is a crucial step towards resolving the current impasse and potentially paving the way for the acquisition to proceed.