Twitter Inc. estimated that in the first quarter, fake or spam accounts accounted for less than 5% of active users monetized. The social network now has 229 million users who were shown advertising during the first quarter, according to Reuters.
This information was published a few days after Elon Musk said that one of the priorities would be to remove “spam bots” from the platform. We should remind that the head of Tesla signed an agreement on $44 billion Twitter acquisition.
Twitter said the company faced several risks after signing the deal. In particular, uncertainty over whether advertisers will continue to pay for social media and “potential uncertainty about future plans and strategies.”.
In response to this statement Elon Musk said, that puts the agreement on hold. He will be waiting for details that will confirm that fake and spam accounts are really less than 5%.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
In the next tweet Musk assured, that he is “still committed”.