Twitter Gives More Data Following Elon Musk’s Latest Demand, Report Says

This post was originally published on this site

https://i-invdn-com.investing.com/news/LYNXMPEB120UN_M.jpg

Twitter (NYSE:TWTR) was in focus Friday morning following rumors that the social media company provided additional information to Elon Musk after the billionaire said he was unhappy with the data given to him on active users.

The new data provided to Musk was meant to appease the would-be buyer after his lawyers sent a letter to the board last week claiming historical data supplied so far wasn’t enough, according to Business Insider, citing a person familiar with the matter.

The fresh data includes a real-time API and will allow Musk and his team to conduct their own analysis on bots, a sticking point for Musk on the progress to close the $44 billion deal.

Musk earlier received a “firehose” of data, reports have said.

Many watchers believe Elon Musk will still try to renegotiate the deal price, an effort that may happen soon, the report suggested.