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Home » Musk calls on SEC to look into Twitter’s user numbers

Capitol Communicator reports that Elon Musk has moved to terminate his $44 billion deal to buy Twitter

Musk calls on SEC to look into Twitter’s user numbers

by | May 17, 2022

Elon Musk has called on the U.S. Securities and Exchange Commission to look into Twitter’s user numbers, reports CNBC.

Musk wrote in an informal Twitter poll on Tuesday, “Twitter claims that >95% of daily active users are real, unique humans. Does anyone have that experience?” He then said, in response to a follower, who suggested the SEC begin an investigation, “Hello @SECGov, anyone home?”

“The SEC has been aware of Twitter’s murky metrics for years,” states CNBC.

Musk agreed to buy Twitter for $44 billion, but has since said the deal is on pause as he looks into bots, spam and fakes.

Meanwhile, Twitter’s executive ranks continue to thin out after three senior managers quit “as the company has been thrown into turmoil by Elon Musk’s looming $44 billion takeover,” reports the New York Post.

Ilya Brown, a vice president of product management; Katrina Lane, a vice president of Twitter service, and Max Schmeiser, the head of data science, all handed in their resignations, according to Bloomberg News.

“We are thankful for all of their hard work and leadership,” a Twitter spokesperson told Bloomberg.

“We continue to be focused on providing the very best experience to the people on Twitter.”

The departures, continues the NY Post,  “come less than a week after Twitter CEO Parag Agrawal ousted two top executivesKayvon Beykpour, the company’s general manager, and Bruce Falck, Twitter’s head of revenue.

 

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Capitol Communicator

Capitol Communicator is a unique online and offline resource for Mid-Atlantic advertising, marketing, public relations, digital and media communications professionals. The e-magazine, e-newsletters and events bring together communications professionals, fostering community and providing important information; news; trends; education; and opportunities for networking, career enhancement, business exchange and showcasing great work. Visit www.capitolcommunicator.com to learn more.

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