Representative image 
Business

Twitter deal should go ahead on proof of real accounts: Musk

Twitter on Thursday dismissed Musk's claim that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact".

Reuters

NEW YORK: Elon Musk said that if Twitter Inc. (TWTR.N) could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on its original terms.

"However, if it turns out that their SEC filings are materially false, then it should not," Musk tweeted early on Saturday.

In response to a Twitter user asking whether the U.S. SEC was probing "dubious claims" by the company, Musk tweeted "Good question, why aren't they?".

Twitter declined to comment on the tweet when contacted by Reuters.

Twitter on Thursday dismissed Musk's claim that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact".

"According to Musk, he — the billionaire founder of multiple companies, advised by Wall Street bankers and lawyers — was hoodwinked by Twitter into signing a $44 billion merger agreement. That story is as implausible and contrary to fact as it sounds," the filing released by Twitter on Thursday said.Musk filed a countersuit Twitter on July 29, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase.

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Dengue cases rise to 16,577 in Tamil Nadu; 244 infections reported in a day

Tiger suspected of killing two persons trapped after 28-day search in Gudalur

BJP functionary seeks action against state general secretary

NIA court sentences eight Bangladeshis to life imprisonment in human trafficking case

Asian Games: Charani, Shafali shine as India outclass Japan to enter semis

SCROLL FOR NEXT