Disney purportedly considered the option of acquiring Twitter in 2016, former Disney CEO Bob Iger revealed while speaking at the Code Conference in Beverly Hills, California, on Wednesday. Iger claims that Disney discovered, with the help of Twitter, that ‘a substantial portion’ of Twitter’s user base consists of fake accounts. Walt Disney and Twitter were ready to enter negotiations when Iger decided to walk away from the deal. However, Iger did not mention a specific number when talking about the number of fake accounts.
According to Reuters reportIger – former CEO of Disney – revealed that the company negotiated with Twitter to buy the social media platform in 2016. Without mentioning a specific number, he suggested that “a significant portion” of Twitter users “is not real.”
Twitter has maintained request that less than 5 percent of Twitter users “can make money” are bot accounts or spam accounts. The social media company is currently engaged in a Legal battle with Elon Musk, who pulled out of a $44 billion (about 3.5 lakh crore) takeover deal.
Musk and Twitter are the set for a 5-day trial, which will take place in October.
Notably, Iger mentioned in his memoir “The Trip of a Lifetime” that he decided not to go ahead with his 2016 takeover of Twitter due to concerns about the “newness” of discourse on the platform. social media platform.
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