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Texas Attorney General Ken Paxton has launched an investigation against “Twitter for potentially deceiving Texas consumers” as well as Texas businesses, over fake bot accounts on the platform.
This comes after Elon Musk’s attorney filed a letter saying that the $44 billion acquirement deal could be on the rocks if Twitter doesn’t reveal the number of fake accounts on the platform.
Paxton released the information about the investigation that Twitter is in violation of the Texas Deceptive Trade Practices Act, saying “Twitter has received intense scrutiny in recent weeks over claiming in its financial regulatory filings that fewer than 5% of all users are bots, when they may in fact comprise as much as 20% or more. The difference could dramatically affect the cost to Texas consumers and businesses who transact with Twitter.
“To address this concern, Attorney General Paxton issued a Civil Investigative Demand (CID) to investigate whether Twitter’s reporting on real versus fake users is ‘false, misleading, or deceptive’ under the Texas Deceptive Trade Practices Act. The CID requires Twitter to turn over documents related to how it calculates and manages its user data and how these numbers relate to Twitter’s advertising businesses. Twitter has until June 27 to respond to Attorney General Paxton’s Demand.”
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