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Musk scraps Twitter deal, citing ‘misleading representations’

Elon Musk said he’s terminating his $US44 billion ($64 billion) agreement to acquire Twitter and take it private, saying the company has made “misleading representations” over the number of spam bots on the service.

Twitter hasn’t “complied with its contractual obligations” to provide information about how to assess how prevalent the bots are on the social media service, Musk said in a letter to Twitter as part of a regulatory filing.

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    Original URL: https://www.afr.com/technology/musk-scraps-twitter-deal-citing-misleading-representations-20220709-p5b0bv