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Elon Musk calls on SEC to investigate Twitter's spam, fake account estimate
Fox Business ^ | May 17, 2022 | Lucas Manfredi

Posted on 05/17/2022 11:15:43 PM PDT by McGruff

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Placemarker


61 posted on 05/18/2022 4:07:32 AM PDT by DocRock
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To: McGruff
In a lengthy Twitter thread on Monday, Twitter CEO Parag Agrawal said it would be difficult to conduct an external review to determine the percentage of spam and fake accounts on the platform.

I can see why. Twitter booted me 3 years ago for being a bot.

Twitter gets to define what's a bot.

Wonder if Twitter told its shareholders that...

62 posted on 05/18/2022 4:12:01 AM PDT by mewzilla (We need to repeal RCV wherever it's in use and go back to dumb voting machines.)
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To: mewzilla

Y’all are e funny. Musk has no intention of keeping Twitter. He wants the code and as soon as he has it, the company is toast. He’s just letting his opponents dig themselves a deeper grave.


63 posted on 05/18/2022 4:20:05 AM PDT by EQAndyBuzz ("Todays conspiracy theory is tomorrows spoiler alert." )
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To: lee martell

10%? 30%? 70%?

Maybe only 10% of the accounts are bots but they very well may be writing 50% of the tweets. If I had been paying advertising costs I would not be too happy and sue the poop out of them for fraud.


64 posted on 05/18/2022 4:33:07 AM PDT by Jolla
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To: FLT-bird

Sarbanes-Oxley is a farce.


65 posted on 05/18/2022 4:36:50 AM PDT by Fido969 (45 is Superman! )
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To: Fido969

“Sarbanes-Oxley is a farce.”

Its primary use has always been as a weapon to extract money for the right recipients, and/or punish those not sufficiently subservient to the deep state.


66 posted on 05/18/2022 4:48:58 AM PDT by Rlsau1
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To: vivenne

When a CEO and CFO sign off on a 10-Q SEC filing, they are attesting to its accuracy. Fraudulent filings are a BIG no-no.


67 posted on 05/18/2022 4:49:29 AM PDT by pingman ("I ain't in no ways tarred.." of WINNING!)
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To: lee martell

“ How much is likely fake, or cannot be fully verified?”

I don’t have a Twitter account, but I have a real FB account and also an alias account. I also have alias email accounts with Google and Yahoo. I don’t use them hardly at all, but I have never gotten any notices about them. I use them mainly when a site wants one of them to continue viewing the site, but I don’t want to give them access to the real information. I’m sure lots of our FRiends have alias accounts, too.


68 posted on 05/18/2022 4:49:56 AM PDT by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals)
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To: McGruff
I'm not a business expert but Elon Musk seems to think the SEC is relevant.

If you were to blast evidence of huge fraud committed by a publicly traded company, even if the SEC wants it kept quiet, they would have to crack down on Twitter.

69 posted on 05/18/2022 4:52:07 AM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: pepsionice
Stock-holders are also in the mix....they might sue the CEO/board as well.

That would be a yuuuuge class-action lawsuit.

70 posted on 05/18/2022 4:57:47 AM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: wastedyears

I’m one of those stock-holders (65 shares).

The problem is, after the advertisers get their ‘pain and suffering’ money....there’s nothing left in the pot. This is a company that never paid a dividend to stock-holders (just kept talking soon maybe).

Their value...was content. And they just never grasped that angle to the whole operation.


71 posted on 05/18/2022 5:05:49 AM PDT by pepsionice
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To: SteveH

The entire stock market is a racket, designed to make those politically connected extremely wealthy at our expense. It exists only in peoples’ minds and as ones and zeros on computers. The only people that should own a business are its founders, partners, heirs, or whoever buys it or is willed to after the previous owner’s death.

The stock market should not exist.


72 posted on 05/18/2022 5:07:30 AM PDT by wastedyears (The left would kill every single one of us and our families if they knew they could get away with it)
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To: McGruff
“Unfortunately, we don’t believe that this specific estimation can be performed externally, given the critical need to use both public and private information (which we can’t share),” Agrawal explained. “Externally, it’s not even possible to know which accounts are counted as mDAUs on any given day.”

Then how did we just get news yesterday that half of POTUS' followers are fake???

73 posted on 05/18/2022 5:20:32 AM PDT by Pollard (Don't ask if there's a conspiracy. If you're not in one, you need to start one. CA Fitts)
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To: nickcarraway

“My offer was based on Twitter’s SEC filings being accurate.”


74 posted on 05/18/2022 5:23:14 AM PDT by bankwalker (Repeal the 19th ...)
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To: Alberta's Child

I used to buy quite a bit of television advertising. I would be provided with, IIRC, Neilson ratings breaking down the number of viewers at any given time. It was an invaluable service allowing me to get more bang for the buck.


75 posted on 05/18/2022 5:38:15 AM PDT by Quilla
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To: JohnnyP

supposedly the business model does not support the growing infrastructure.
twitter has to be getting $$ from somewhere to stay afloat.
CIA/FBI is a really good guess..


76 posted on 05/18/2022 6:05:00 AM PDT by mowowie
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To: McGruff

It is because the stock price is based on information that Twitter filed with the gubmint. If there are significantly more fake accounts than they filed and can be proved to know that it’s called fraud. Anyone who will ban the President of the US is likely to be that arrogant!


77 posted on 05/18/2022 6:28:19 AM PDT by gr8eman (Qui non laborat, non manducet)
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To: noiseman

What you said! He’s going to get Twitter for pennies on the dollar or it will go away IMO!


78 posted on 05/18/2022 6:29:33 AM PDT by gr8eman (Qui non laborat, non manducet)
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To: mowowie

My theory is that Twitter was developed just like Fakebook. Trailblazer was a program originally designed to track terrorist’s comms and morphed into Fakebook.


79 posted on 05/18/2022 6:33:31 AM PDT by gr8eman (Qui non laborat, non manducet)
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To: McGruff

.......since Dorsey and Agrawal COULD BE charged criminally for knowingly (or they should have known) misrepresenting, in a major way, the VALUE of the company, no wonder they are finding difficulty releasing the data.

SEC and Biden and Biden’s Marxist acolytes in his innermost circle, along with their media PARTNERS, will COVER for Twitter.


80 posted on 05/18/2022 6:59:05 AM PDT by Cen-Tejas
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