![]() On May 16, Twitter CEO Parag Agrawal published a tweet thread about fake accounts on the network. If he were to back out from the deal, the entrepreneur would be required to pay the company a termination fee of $1 billion and might face litigation.Īccording to a joint analysis published on May 15 by SparkToro and Followerwonk, 19.42 percent of a sampled set of Twitter accounts were found to be fake or spam accounts.įor the analysis, they used 44,058 public Twitter accounts that were active during the previous 90 days, selected randomly from a set of more than 130 million active public profiles. Musk had agreed to purchase Twitter at $54.20 per share. As such, paying $44 billion with one in five users being fake might not be a good deal. Having 20 percent fewer users would mean that the company might be overvalued. This deal cannot move forward until he does,” Musk wrote in a May 17 tweet. Yesterday, Twitter’s CEO publicly refused to show proof of <5%. My offer was based on Twitter’s SEC filings being accurate. “20% fake/spam accounts, while 4 times what Twitter claims, could be *much* higher. This comes just as billionaire entrepreneur Elon Musk has paused his plans to buy Twitter for $44 billion due to concerns about fake accounts. Using an audit tool provided by software firm SparkToro, Newsweek discovered 49.3 percent of all Biden followers to be “fake followers.” The analysis took into consideration multiple factors such as new users, default profile images, and location data. These scores determine whether the account is fake or real.Nearly half of President Joe Biden’s followers on Twitter, which number about 22.2 million, are fake accounts, according to an audit conducted by Newsweek. ![]() The score is calculated based on the number of tweets, the date of the last tweet, and the ratio of followers to friends. Similarly, Twitter Audit takes a sample of up to 5000 Twitter followers from an account and calculates a score for each follower. Hence two kinds of recency bias are present.” The free tool does not provide full analytics. According to Fishkin’s Twitter thread, news reports that cited the audit used their free tool, which “Looks at a random sample from the first 100K followers Twitter sends through its API. ![]() SparkToro uses a different methodology for its analysis. The BBC quoted Agarwal, who said, “The margins of error are well within its estimate of spam accounts representing less than 5 percent of daily users.” Agrawal defended the firm’s estimates that spam accounts comprised fewer than 5 percent of the users. On May 17, Musk tweeted that more than 20 percent of the accounts on the platform are fake and that Parag Agrawal (CEO of Twitter) has refused to show proof that fewer than 5 percent of its accounts were fake. These claims began circulating after Musk tweeted that the deal to buy Twitter was to be put on hold until the company proved that fewer than 5 percent of its users are fake. According to the audit, 21,452,653 (95 percent) of his followers are real, including verified accounts. ![]() There’s nothing to suggest the account holders are somehow responsible for this.” His tweets mentioned how Newsweek’s article misinterpreted the accounts and data to make it seem like more than half of followers were fake.Īfter analyzing the account through Twitter Audit (), a free Twitter analytics website, it revealed that only 917,162 (4.1 percent) are fake out of his 22.3 million followers as of May 23, 2022. Fishkin mentioned that “Large accounts tend to attract a lot of bots, inactives, fake, spam, etc. Fishkin stated that SparkToro ran an analysis on Biden’s personal account and not on According to their analysis, out of 34.3 million followers of around 43 percent were fake and inactive. Rand Fishkin, a co-founder of SparkToro, tweeted about these claims on May 18. On May 17, Newsweek reported this claim, citing data from SparkToro, an audience research tool, along with other less credible news organizations. This included high-profile users, such as Donald Trump Jr., who has a large platform of 8.2 million Twitter followers. Recently, some social media posts stated that half of President Joe Biden’s Twitter followers are fake, according to an audit. ![]() Analytics of Biden’s personal Twitter account were misinterpreted by media reports as that of his official account Elon Musk publicized his offer to buy Twitter, many social media posts and non-credible media outlets have spread fake news about accounts of celebrities and other high-profile personalities. ![]()
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