This week, within the framework of an event called “Future of the Car”, the tycoon Elon Musk, CEO of Tesla, spoke about the veto that Twitter weighs against the former president of the United States, Donald Trump. He claimed that is willing to, when it acquires the entire company, lift said censorship. Days later, through his Twitter account, Elon Musk returned to the subject and once again believed that Donald Trump’s profile should be reactivated on the aforementioned social network.
“Even though I think a less divisive candidate would be better in 2024, I still think Trump should be restored to Twitter,” the businessman wrote in a tweet posted on May 12. In a second trill, the tycoon gave his opinion on the election of Biden as US president in 2021. In this regard, he stated: “Biden’s mistake is that he thinks he was elected to transform the country, but in reality everyone wanted less drama”.
Elon Musk decides to suspend the purchase of Twitter for 44,000 million dollars
Elon Musk announced that he has suspended, for now, the purchase of the social network Twitter, which caused a crash in shares on Wall Street. According to the billionaire, this is due to waiting for details on the proportion of fake accounts on the social network.
“Twitter deal temporarily suspended pending details supporting calculation that fake/spam accounts account for less than 5% of users,” Musk said, picking up a Reuters article on the company’s estimate of the proportion of fake accounts among active Twitter users. He added yes, that he remains committed to the acquisition.
And it is that, recently, Twitter acknowledged in a document registered with the United States Securities Market Commission (SEC) that “there are inherent challenges in measuring usage and engagement” of the social network’s vast number of total accounts around the worldadding that the metrics may be affected by efforts to reduce malicious activity on the service, including spam, malicious automation, and fake accounts.
In this sense, the company explained that, after an internal review of a sample of accounts, it estimated that the average number of false or spam accounts during the first quarter of 2022 “represented less than 5%” of the active monthly users in the quarter.
However, Twitter admitted that said estimate of fake or spam accounts “may not accurately represent the actual number of such accounts”, admitting that the actual number of active fake or spam accounts on the social network “could be higher than estimated”.
In the presentation of its first quarter resultsTwitter acknowledged a bug whereby from the first quarter of 2019 to the fourth quarter of 2021 it had overestimated its monetizable active daily users estimate by almost two million accounts.
In this sense, Twitter then explained that with the launch in March 2019 of a function that allowed multiple separate accounts to be linked “an error was made at that time”, so that the actions carried out through the main account resulted in all linked accounts will be counted as active users.
“This resulted in an overestimation of mDAU from the first quarter of 2019 to the fourth quarter of 2021,” the company reported, thus cutting its number of monetizable active daily users at the end of 2021 to 214.7 million, compared to 216.6 million initially estimated.
Specifically, the company had calculated an excess of 1.5 million mDAU internationally, with 178.8 million instead of the actual 177.3 million, while in the United States it had estimated a total of 37.8 million mDAU, compared to 37.5 million in the updated data after correcting the error.
This is the second time that Twitter has admitted a similar miscalculation in one of the variables the market most closely tracks, having discovered in 2017 that it had overestimated its active users for three years.
*With information from Europa Press
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Elon Musk and his strong position on the election of Joe Biden in the US