Twitter deal to go ahead if it provides proof of real accounts

AFP / Samuel Corum

Elon Musk said that if Twitter Inc. could provide its method of sampling 100 accounts and how it confirmed that the accounts are real, his $44 billion deal to buy the company should proceed on original terms.

"However, if it turns out that their SEC filings are materially false, then it should not," Musk tweeted early on Saturday.

Twitter on Thursday dismissed Musk's claims that he was hoodwinked into signing the deal to buy the social media company, saying that it was "implausible and contrary to fact".

Musk made the claims in a countersuit filed under seal last Friday, which was made public on Thursday.

More from Business

Coming Up on Dubai Eye

  • The Score

    7:00pm - 9:00pm

    Hosted by Chris McHardy, The Score is your comprehensive guide to the world of sport.

  • The Music Mix

    9:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!