According to The Washington Post, Twitter is planning to give Elon Musk unprecedented access to platform data in order to resolve his worries about automated accounts. According to a source familiar with the company’s thinking, Twitter is prepared to offer Musk access to the so-called “firehose” data, which contains every tweet as it is posted.
Musk officially committed to buying Twitter in April but has become increasingly outspoken about alleged bot activity on the network. While some believe it is an attempt to cancel or renegotiate the transaction on more favourable terms.
Tesla CEO Elon Musk accused Twitter of breaking the April agreement by failing to supply him with enough data on automated accounts in an SEC filing on Monday, rejecting the company’s offer to provide additional material on its internal research of the matter.
Twitter’s latest offer to simply provide additional details is tantamount to refusing Mr. Musk’s data requests
According to Musk’s attorneys, “Twitter’s latest offer to simply provide additional details regarding the company’s own testing methodologies… is tantamount to refusing Mr. Musk’s data requests. “At this point, Mr. Musk feels Twitter is openly refusing to comply with its commitments under the merger agreement.”
Taken as a whole, Twitter’s firehose API depicts what a user would see if they followed every account on the platform — even though the fact that the sheer volume of data is hard to get or process without the use of automation. Despite this, it is one of the company’s most prized assets, because of its utility in ad targeting and platform surveillance. MIT researchers and Google, among others, have or had real-time access to the stream.
However, while firehose data might be extremely useful as raw material for a research on automated activity, the sheer volume of data makes it unmanageable. And a complete study of automated activity would take a large amount of time and resources. Nonetheless, disclosing the data will be politically advantageous as Twitter tries to assuage Musk’s fears. Moreover, a guarantee that the original acquisition agreement is honoured.
Twitter is still optimistic that the purchase will go through as planned
Twitter is still optimistic that the purchase will go through as planned. A top official at Twitter informed staff in an internal meeting, according to Bloomberg, that the sale was going regularly. Moreover, he informed that a shareholder vote would be held in late July or early August. The stock of Twitter is still trading considerably below Musk’s $54.20 offer, indicating market doubt that the acquisition will go through as planned.