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Global Business Review Magazine
Monday, January 30, 2023
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Elon Musk says Twitter legal team told him he violated an NDA

Tesla loses $ 126 BLN in value amid Musk Twitter deal funding concern

Elon Musk on Saturday tweeted that Twitter Inc’s legal team accused him of violating a nondisclosure agreement by revealing that the sample size for the social media platform’s checks on automated users was 100. Musk tweeted that Twitter legal just called to complain that he violated their NDA by revealing the bot check sample size is 100. Musk that his $44-billion cash deal to take the company private was “temporarily on hold” while he awaited data on the proportion of its fake accounts. 

He said his team would test a random sample of 100 followers on Twitter to identify the bots. His response to a question prompted Twitter’s accusation. When a user asked Musk to elaborate on process of filtering bot accounts, he replied that he picked 100 as the sample size number, because that is what Twitter uses to calculate <5% fake/spam/duplicate.

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Musk also tweeted that he is yet to see any analysis that shows that the social media company has fake accounts less than 5%. He later said that there is some chance it might be over 90% of daily active users.

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UK trade policy : A comprehensive strategy for a new beginning

British insurers serve as a trial run for the post-Brexit “unshackling”

STARLINK satellite internet service gets 500,000 preorders, Musk says

Musk claims he was engaged in revitalizing Tesla while upholding his $56 bln package

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

In a long-awaited trial, Roche’s Alzheimer’s medicine falls short of its objective

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

Electric vehicle manufacturers struggle financially—struck by exorbitant prices

After China central bank vows to crack crypto trade, Bitcoin slips

Bahamas investigators are looking into the FTX collapse

Volatility is most essential for crypto ecosystem

Morning Bid: Crypto a disaster, Congress looking different ways

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  • British insurers serve as a trial run for the post-Brexit “unshackling”
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  • Electric vehicle manufacturers struggle financially—struck by exorbitant prices
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