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{"id":6079,"date":"2022-05-18T15:17:51","date_gmt":"2022-05-18T15:17:51","guid":{"rendered":"https:\/\/scienceandnerds.com\/2022\/05\/18\/elon-musks-latest-stunt-calling-on-the-sec-to-investigate-twitters-user-numbers\/"},"modified":"2022-05-18T15:17:53","modified_gmt":"2022-05-18T15:17:53","slug":"elon-musks-latest-stunt-calling-on-the-sec-to-investigate-twitters-user-numbers","status":"publish","type":"post","link":"https:\/\/scienceandnerds.com\/2022\/05\/18\/elon-musks-latest-stunt-calling-on-the-sec-to-investigate-twitters-user-numbers\/","title":{"rendered":"Elon Musk\u2019s latest stunt: calling on the SEC to investigate Twitter\u2019s user numbers"},"content":{"rendered":"

Source: https:\/\/www.theverge.com\/2022\/5\/17\/23099317\/elon-musk-twitter-sec-daily-active-users<\/a>
\n
<\/br><\/code><\/p>\n

\n

So does Elon Musk want to buy Twitter or not? This morning, the company\u2019s prospective new owner insisted<\/a> (in a tweet, of course) that the $44 billion deal<\/a> he\u2019d agreed to \u201ccannot move forward<\/a>\u201d until he sees the proof he\u2019s looking for about its active user numbers. <\/p>\n

With needling current Twitter CEO Parag Agrawal<\/a> and texting former CEO Jack Dorsey having failed to hit the spot, Musk \u2014 seemingly jokingly \u2014 pulled in another recurring character from his 24 \/ 7 revolving circus by tweeting<\/a> to the US Securities and Exchange Commission, asking them to investigate.<\/p>\n

\n <\/p>\n

<\/p>\n\"\"<\/p>\n

<\/source><\/picture>\n

<\/span><\/p>\n

<\/span><\/p>\n

<\/p>\n

Image: Twitter<\/cite><\/p>\n

<\/span><\/p>\n<\/figure>\n

In case you\u2019ve forgotten, the folks at the SEC are the \u201cbastards<\/a>\u201d that Musk has previously accused of infringing upon his rights to free speech, although that\u2019s not the only thing he\u2019s called them in the past.<\/p>\n

\n
\n

SEC, three letter acronym, middle word is Elon\u2019s<\/p>\n

\u2014 Elon Musk (@elonmusk) July 2, 2020<\/a>\n<\/p><\/blockquote>\n<\/div>\n

His quarrel with them has focused on their attempts to enforce a consent decree he agreed to in 2018 over the \u201cfunding secured\u201d tweets about taking Tesla private<\/a>. Of course, you could add to that the investigations into Musk and his brother over possible insider trading<\/a> and even his failure to make a timely disclosure about how much Twitter stock he\u2019d acquired before making a bid for the company.<\/p>\n

Joke or not, Twitter has had troubles with accurate metrics and recently admitted<\/a> it had been overcounting daily users for years. Twitter\u2019s CEO stands by the estimates about the amount of bot activity included in its daily active user (DAU) metric; however, now that puts Parag Agrawal in a standoff that Musk might be using to lower his price for the company or exit the deal altogether<\/a>.<\/p>\n<\/div>\n


<\/br><\/code><\/p>\n

Source: https:\/\/www.theverge.com\/2022\/5\/17\/23099317\/elon-musk-twitter-sec-daily-active-users<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Source: So does Elon Musk want to buy Twitter or not? This morning, the company\u2019s prospective new owner insisted (in a tweet, of course) that the $44 billion deal he\u2019d agreed to \u201ccannot move forward\u201d until he sees the proof he\u2019s looking for about its active user numbers. 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