With ElonMusk threatening to walk away from his offer to acquire Twitter, the company has reportedly made a move to try to save the deal.
Just days after Elon Musk threatened to walk away from his offer to acquire Twitter, the microblogging company has reportedly acted to try to save the deal by offering to hand over a huge trove of data linked to the platform.
For a while, Twitter failed to respond to Musk’s request for data on fake and spam accounts, but now the company has reportedly offered Musk and his team access to the platform’s so-called “firehose,” according to an unnamed source who spoke to the Washington Post. The firehose data comprises all of the hundreds of millions of tweets that land on the service daily, and also includes details on the users’ devices and information on the associated accounts.
The Post notes in its report that when Musk inked the deal two months ago, “he waived a right to look deeply at Twitter’s finances and internal workings,” adding that the terms of the agreement state that Musk has to proceed with the takeover unless he can demonstrate that Twitter in some way misled him or if some kind of significant event adversely impacts its value.
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