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Twitter plans to have a shareholder vote by August on Elon Musk deal

by Ruslan Burak
July 3, 2023
in Technology
2 min read
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Twitter Inc. expects a contributor vote on $44 billion may be sold to Elon Musk by early August, as it continues work based on complete Deal with The world’s richest person social media The company’s senior executives told employees on Wednesday.

Musk’s lawyers warn Twitter on Monday he might do walk Stay away from the acquisition if the company fails to provide the data requested by him on Spam and fake accounts.

Twitter said it continues to do so share information with musk. part of This data is the “fire hose”, a set Includes all tweets on The platform analyzed by various parameters, such as hardware of Users or personal files of Accounts posting tweets, according to people a favour with Subject.

Twitter sells this data to social media Corporate control as part of its license business but plans To furnish it with musk for Free as part of The information The sources said. The fire hose does not contain a secret informationsuch personal details of Twitter users who aren’t public or how They often check their accounts and sources added.

Parag Agrawal, CEO of Twitter last The month tweets that he doesn’t believe any accounts of Fake accounts and spam can be made outside company, as it will require private information Twitter can’t share.

has not been clear how top secret information About the Twitter user base will share with musk. Washington Post first mentioned on Share of Fire hose.

A Musk spokesperson did not immediately respond to a request for comment.

Twitter’s senior lawyer Vijaya Jade told employee The meeting at which the company expects it can have a shareholder vote on musk deal in Late July or early August.

During the internal meeting, the company’s top executives said that Twitter was working to improve its defenses against Fake accounts and accounts that spread cryptocurrency spam.

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