.Twitter has seemingly shifted its position after an impasse and will provide ElonMusk access to its internal data.
The decision comes days after Musk submitted an SEC filing demanding access to the company's internal data and threatening to withdraw his deal to purchase the social platform. The billionaire will now have access to the company's "firehose" of internal data, the Washington Post reported.
The data could be provided as early as this week, according to the Washington Post. This source of internal data was previously available to two dozen companies that pay for access to a database containing a real-time record of tweets, location data, and private information from the relevant accounts. The companies with access to this data were not identified.
"Musk believes the company is actively resisting and thwarting his information rights under the merger agreement," Musk's SEC filing said on Monday."This is a clear material breach of Twitter's obligations under the merger agreement, and Mr. Musk reserves all rights resulting therefrom, including his right not to consummate the transaction and his right to terminate the merger agreement.""Twitter has and will continue to cooperatively share information with Mr.
If Musk attempted to end the deal, it would likely lead either to a lengthy lawsuit with Twitter or a $1 billion fee. New data from social media analytics firm GlobalData appears to confirm Musk's skepticism about Twitter's spam bot estimates. However, the firm's 10% spam account estimate is noticeably smaller than Musk's initial estimates of 20%.
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