"Twitter believes that it already adequately discloses the methodology that it makes use of in calculating these figures," the corporate stated in a letter to the SEC.
REUTERS
Twitter has reiterated that spam accounts on its platform characterize fewer than 5% of its monetizable day by day lively customers, in response to the Securities and Trade Fee’s letter in June in search of particulars on its methodology.
“Twitter believes that it already adequately discloses the methodology that it makes use of in calculating these figures,” the corporate stated in a letter dated June 22 to the regulator, in keeping with its submitting on Wednesday.
Twitter didn't instantly reply to a request for extra remark.
This comes forward of a extremely watched authorized showdown between Twitter and Elon Musk, who desires to again out of his deal to purchase the corporate for $44 billion, arguing Twitter misled the billionaire in regards to the variety of bot and spam accounts on its platform.
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