Elon Musk Plans Crusade On Twitter Spam And Bots New Data Reveals The Size Of His Problem – Benzinga – Benzinga

Twitter Inc(NYSE:TWTR) said that according to an internal review conducted by the company, false or spam accounts during the first quarter of 2022 represented fewer than 5% of its monetizable daily active users (mDAUs).

What Happened:The social media platform said in the Monday filing with the U.S.Securities and Exchange Commission(SEC) that it had made improvements in its spam detection capabilities, which has led to the suspension of a large number of spam, malicious automation, and fake accounts.

Twitter said it intends to continue making such improvements.

See Also:How To Buy Twitter (TWTR) Shares

Why It Matters:Twitter said it had 229 million mDAUs, which is ayear-over-year increase of 15.9%.

After we determine an account is spam, malicious automation, or fake, we stop counting it in our mDAU, or other related metrics, said Twitter on Monday.

Tesla Inc (NASDAQ:TSLA) CEOElon Muskis all set to take Twitterprivatein a $44 billion deal.

Last month, Musk tweeted that if the bid led by him succeeded, we will defeat the spam bots or die trying!

Recently, billionaireMark Cubansuggested usingDogecoin(CRYPTO:DOGE) totackle Twitter spam. Musk liked the idea of the Dallas Mavericks owner.

Price Action:On Monday, Twitter shares closed 0.3% higher at $49.18 in the regular session and rose 0.1% in extended trading. On the same day, Tesla shares closed 3.7% higher at $902.94 in regular trading and rose 0.45% in the after-hours session, according todata from Benzinga Pro.

Read Next:Elon Musk Reacts To WSJ Report That 'Shadow Crew' Of Billionaires Including Peter Thiel Pushed Him To Buy Twitter

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Elon Musk Plans Crusade On Twitter Spam And Bots New Data Reveals The Size Of His Problem - Benzinga - Benzinga