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> They’re saying they’re lying about the numbers. Which would be fraud. But they've been sending the SEC these same numbers calculated using the same methodolo

> They’re saying they’re lying about the numbers. Which would be fraud. But they've been sending the SEC these same numbers calculated using the same methodology since 2013, right? If they were materially adverse circumstances, you'd imagine that someone would have caught this in the last 9 years...

teej 4y ago
This flavor of “fraud” is something I’d expect an activist investor or short-seller to address, not the SEC.
- dragonwriter 4y ago
  The SEC isn't being asked to address anything, it's being informed that Musk is moving to drop the merger which was something SEC had to be informed about the same way that it had to be informed of the merger plans, as I understand it.
- rocqua 4y ago
  This is now going to a Delaware court, not the SEC. The filing here is just a notification to shareholders.
camjohnson26 4y ago
Also, Musk routinely knowingly confuses DAUs and normal users. Twitter claims 5% of daily active users are bots, but Musk complains about how many of his followers are bots, when clearly many of those wouldn’t be DAUs. Twitter’s CEO has addressed this. Musk responded with a poop emoji: https://twitter.com/paraga/status/1526237578843672576?s=20&t=1T-9fES7M7PwOFs3kJJdrg https://twitter.com/paraga/status/1526237578843672576?s=20&t...
- woevdbz 4y ago
  Not only that, but monetizable DAUs, which is basically an advertising metric consisting primarily of folks whose only actions on a given day might just be "checking my feed, liking a couple posts", and from which fake users are likely already removed without there being a strong reason to shut down their accounts. Whatever ad impressions those users get don't get billed to advertisers, and there's no strong motive to shutting them down if they haven't published anything contravening Twitter's policies...
- deleted 4y ago
  [deleted]
- la64710 4y ago
  Which only shows Musk is shit himself,
- raydev 4y ago
  > Twitter claims 5% of daily active users are bots You also left out an important piece: 5% of their *monetizable* DAU. Not just DAU. But you're right, Elon's been convincing the public that Twitter has made claims they never actually made.
- rkagerer 4y ago
  I can't get to the end of that thread without the Signup nag taking over the whole window and obliterating the content. Tried half a dozen times. Finally got there via an Incognito window (though still don't see Musk's response). So Twitter tagged my device with a cookie specifically meant to keep me from viewing users' content. How's that support their mission statement, "To give everyone the power to create and share ideas and information instantly, without barriers"? It's not in my interest, or that of their users. The only benefit is to their bottom line, and I'd argue tactics like that do more long term damage than good. Certainly doesn't make me want to sign up or log in. Go choke on Elon's <shit emoji>, Twitter. /rant
rocqua 4y ago
They have said, our bes guess is 5%, but the accuracy is limited by these factors, and we make very little promises that it is correct. Besides, Musk has been complaining about bots for a long time, and has made it clear he doesn't believe the 5% number way before the acquisition. If the 5% number was a sticking point for him, he could have demanded due diligence. He did not demand that, thereby waiving his rights.

teej 4y ago

This flavor of “fraud” is something I’d expect an activist investor or short-seller to address, not the SEC.

dragonwriter 4y ago
The SEC isn't being asked to address anything, it's being informed that Musk is moving to drop the merger which was something SEC had to be informed about the same way that it had to be informed of the merger plans, as I understand it.
rocqua 4y ago
This is now going to a Delaware court, not the SEC. The filing here is just a notification to shareholders.

camjohnson26 4y ago

Also, Musk routinely knowingly confuses DAUs and normal users. Twitter claims 5% of daily active users are bots, but Musk complains about how many of his followers are bots, when clearly many of those wouldn’t be DAUs. Twitter’s CEO has addressed this. Musk responded with a poop emoji: https://twitter.com/paraga/status/1526237578843672576?s=20&t=1T-9fES7M7PwOFs3kJJdrg https://twitter.com/paraga/status/1526237578843672576?s=20&t...

woevdbz 4y ago
Not only that, but monetizable DAUs, which is basically an advertising metric consisting primarily of folks whose only actions on a given day might just be "checking my feed, liking a couple posts", and from which fake users are likely already removed without there being a strong reason to shut down their accounts. Whatever ad impressions those users get don't get billed to advertisers, and there's no strong motive to shutting them down if they haven't published anything contravening Twitter's policies...
deleted 4y ago
[deleted]
la64710 4y ago
Which only shows Musk is shit himself,
raydev 4y ago
> Twitter claims 5% of daily active users are bots You also left out an important piece: 5% of their *monetizable* DAU. Not just DAU. But you're right, Elon's been convincing the public that Twitter has made claims they never actually made.
rkagerer 4y ago
I can't get to the end of that thread without the Signup nag taking over the whole window and obliterating the content. Tried half a dozen times. Finally got there via an Incognito window (though still don't see Musk's response). So Twitter tagged my device with a cookie specifically meant to keep me from viewing users' content. How's that support their mission statement, "To give everyone the power to create and share ideas and information instantly, without barriers"? It's not in my interest, or that of their users. The only benefit is to their bottom line, and I'd argue tactics like that do more long term damage than good. Certainly doesn't make me want to sign up or log in. Go choke on Elon's <shit emoji>, Twitter. /rant

rocqua 4y ago

They have said, our bes guess is 5%, but the accuracy is limited by these factors, and we make very little promises that it is correct. Besides, Musk has been complaining about bots for a long time, and has made it clear he doesn't believe the 5% number way before the acquisition. If the 5% number was a sticking point for him, he could have demanded due diligence. He did not demand that, thereby waiving his rights.