Homebusiness Newscompanies News

Elon Musk gets limited Twitter data as court rejects other requests

Elon Musk gets limited Twitter data as court rejects other requests

Elon Musk gets limited Twitter data as court rejects other requests
Read Time
1 Min(s) Read
Profile image

By Reuters Aug 26, 2022 11:56:52 AM IST (Published)

Elon Musk has claimed the company defrauded him by misrepresenting the number of real users in its financial disclosures that he relied on to make his takeover offer and so wanted the data to confirm Twitter's spam estimates.

Elon Musk may get access to Twitter Inc data used in a 2021 audit of active users but other information the billionaire seeks in a bid to end his $44 billion deal to buy the company were rejected as "absurdly broad," a judge said on Thursday.

Recommended Articles

View All

Twitter must turn over data from the 9,000 accounts sampled in the fourth quarter as part of its process to estimate the number of spam accounts.
Twitter had said that data did not exist and it would be burdensome to collect it. Chancellor Katheleen McCormick gave the company two weeks to produce the data.
Musk has claimed the company defrauded him by misrepresenting the number of real users in its financial disclosures that he relied on to make his takeover offer and he wanted the data to confirm Twitter's spam estimates.
A five-day trial has been scheduled for Oct. 17.
McCormick also rejected many of Musk's other data demands.
"Defendants' data requests are absurdly broad. Read literally, defendants' documents request would require plaintiff to produce trillions upon trillions of data points," she wrote.
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Most Read

Market Movers

View All
Top GainersTop Losers
CurrencyCommodities
CompanyPriceChng%Chng