Twitter plans to put shareholders to a vote on the $ 44 billion sale deal to Elon Musk, while continuing to work “constructively” with the richest man on the planet to complete the deal, senior social media executives told officials Wednesday. networking.
The remarks followed a warning from Musk’s lawyers on Monday that the billionaire could withdraw his offer to buy the social media if the company does not provide him with the information he wants about unwanted and fake user accounts.
Twitter executives said today that the company continues to share information with Musk, including information about “firehose”, ie the flow of all tweets on the platform that are analyzed with different parameters, such as user devices or account profiles that post tweets, according to people who know the subject.
Twitter is selling the data to social media companies under its license, but plans to provide it to Musk for free as part of an exchange of information, the same sources said. Firehose does not contain confidential information, such as the personal information of Twitter users that is not public or how often users verify their accounts.
The social networking site has not clarified, however, how much confidential information regarding its user base it plans to share with Musk.
A spokesman for Musk did not immediately respond to a request for comment.
Meanwhile, the company’s chief financial officer, Ned Seagal, said during a meeting with company employees that Twitter plans to put the shareholder to a vote on the deal to sell to Musk in late July or early August.
Source: Capital
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