Twitter Said to Give Elon Musk access to the stream of Tweets

Elon Musk has threatened to pull out of a $ 44 billion deal for Twitter, saying the company has refused to give him information about its fake accounts.

So Twitter now plans to give Mr. Musk has access to a large swath of its data, potentially down to its very last tweet.

The social media company has agreed to allow Musk has direct access to its “firehose,” the stream of billions of tweets that flow through the company’s network on a daily basis, according to a person’s knowledge of the decision. What Mr. Musk will get full or partial access to that “firehose” is unclear.

The information would give Musk the tools to discern how many accounts on Twitter’s platform may be fake. But that would not most likely help him reach Twitter’s conclusion that 5 percent of its active accounts are fake, since the company uses a different methodology to get proprietary data and human analysis to get that figure. Mr. Musk has said he doesn’t believe that only 5 percent of Twitter’s active accounts are fake.

Twitter’s move may make it more difficult for Mr Musk to terminate the deal. On Monday, his lawyers sent a letter to the company, accusing it of stonewalling his efforts to obtain information that was necessary to close the deal. For weeks, Mr. Musk has also tweeted constantly barbed comments about Twitter’s fake accounts, appearing to renegotiate the groundwork or get out of the agreement.

Mr. Musk agreed to buy Twitter in April for $ 54.20 a share. If the deal falls apart, there is a $ 1 billion breakup fee. But the agreement includes a “specific performance clause,” which gives Twitter the right to sue him and force him to complete or pay for the deal, so long as the debt financing he has been corralled is still intact.

A Twitter spokeswoman declined to comment Musk access to the stream of tweets, but referred to a previous statement.

“Twitter has and will continue to cooperatively share information with Mr. Musk to consummate the transaction in conformity with the terms of the merger agreement, “Twitter has said. “We believe this agreement is in the best interest of all shareholders. We intend to close the transaction and enforce the merger agreement at the agreed price and terms. “

Mr. Musk did not immediately respond to a request for comment. The Washington Post previously reported that Mr. Musk got access to the Twitter firehose.

A company often shares confidential data with its acquirer as part of a transaction and data sharing around its parameters is negotiated before signing any deal. But Mr. Musk waived due diligence when he agreed to buy the social media company and Twitter began sharing confidential information with him last month.

One of Twitter’s concerns with sharing information has been Mr. Musk’s prior statements, both publicly and to the company, that he was considering starting a rival social media service, The New York Times has reported. Typically, such matters are addressed by limiting who will have access to such information.

Mr. Musk has said he will ensure that anyone reviewing confidential data provided by Twitter will be bound by a nondisclosure agreement. He also said he would not retain or share sensitive information about Twitter if the deal fell apart.

Twitter has calculated that 5 percent of its “monetizeable daily active users” are fake. In April, the company reported it had 229 million monetizeable daily active users.

Once Mr. Musk receives access to Twitter’s tweets from the stream, suggesting he needs a team of experts to analyze the data, as well as the computing ability to process and store enormous volume information, company insiders said.

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