Twitter to Share Data at Heart of Musk Deal Dispute

Analysts have doubts about Elon Musk's notion of relying on subscriptions instead of ads at Twitter Britta Pedersen POOL/AFP/File
Analysts have doubts about Elon Musk's notion of relying on subscriptions instead of ads at Twitter Britta Pedersen POOL/AFP/File
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Twitter to Share Data at Heart of Musk Deal Dispute

Analysts have doubts about Elon Musk's notion of relying on subscriptions instead of ads at Twitter Britta Pedersen POOL/AFP/File
Analysts have doubts about Elon Musk's notion of relying on subscriptions instead of ads at Twitter Britta Pedersen POOL/AFP/File

Twitter will yield to Elon Musk's demand for internal data central to a standoff over his troubled $44 billion bid to buy the platform, US media reported on Wednesday.

The news comes just days after the Tesla chief threatened to back out of his deal to purchase Twitter, accusing it of failing to provide data on fake accounts, AFP said.

The Washington Post, New York Times and website Axios cited unnamed sources familiar with the negotiations as saying Twitter's board decided to let Musk access its full "firehose" of internal data associated with the hundreds of millions of tweets posted daily at the service.

"This would end the major standoff between Musk and the board on this hot button issue which has paused the deal," Wedbush analyst Dan Ives said in a tweet.

Twitter chief executive Parag Agrawal has said that fewer than five percent of accounts active on any given day at Twitter are bots, but that analysis cannot be replicated externally due to the need to keep user data private.

About two dozen companies already pay to access the massive trove of internal Twitter data, which includes records of tweets along with information about accounts and devices used to fire them off, according to the Post.

Twitter declined to comment on the reports but has defended its responsiveness to Musk's requests, and vowed to complete the deal on the original terms.

The mercurial Musk agreed to buy Twitter in a $44 billion deal in late April.

Twitter's top legal officer has told employees that a special shareholder vote whether to approve the buyout deal could be held in late July or early August, according to Bloomberg.

Musk began making significant noise about fake accounts in mid-May, saying on Twitter he could walk away from the transaction if his concerns were not addressed.

Some observers have seen Musk's questioning of Twitter bots as a means to end the takeover process, or to pressure Twitter into lowering the price.

The potential for Musk to take Twitter private has stoked protest from critics who warn his stewardship will embolden hate groups and disinformation campaigns.

US securities regulators have also pressed Musk for an explanation of an apparent delay in reporting his Twitter stock buys.

Twitter shares finished the official trading day slightly above $40, significantly lower than the $54.20 Musk agreed to pay when he inked the purchase deal.


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Microsoft Looks to Boost AI Performance in European Languages

FILE PHOTO: Microsoft signage is seen at the company's headquarters in Redmond, Washington, US, January 18, 2023. REUTERS/Matt Mills McKnight/File Photo
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Microsoft Looks to Boost AI Performance in European Languages

FILE PHOTO: Microsoft signage is seen at the company's headquarters in Redmond, Washington, US, January 18, 2023. REUTERS/Matt Mills McKnight/File Photo
FILE PHOTO: Microsoft signage is seen at the company's headquarters in Redmond, Washington, US, January 18, 2023. REUTERS/Matt Mills McKnight/File Photo

US tech behemoth Microsoft is investing millions of dollars to funnel more European-language data into AI development, company president Brad Smith told AFP Monday.

With today's leading AI models mostly trained on material in English, "the survival of these languages and the health of these cultures is quite literally at stake" without a course correction, Smith said in an interview.

AI models are "less capable when it is in a language that has insufficient data," he added -- which could push more users to switch to English even when it is not their native language.

Microsoft will from September set up research units in the eastern French city Strasbourg to "help expand the availability of multilingual data for AI development" in at least 10 of the European Union's 24 languages, including Estonian and Greek.

The work will include digitizing books and recording hundreds of hours of audio.

"This isn't about creating data for Microsoft to own. It is about creating data for the public to be able to use," Smith said, adding that the information would be shared on an open-source basis.

The US-based company has in recent months striven to position itself as especially compatible with a gathering political push for European technological sovereignty.

Leaders in the bloc have grown increasingly nervous at their dependency on US tech firms and infrastructure since Donald Trump's reelection to the White House.

In June, Microsoft said it was stepping up cooperation with European governments on cybersecurity and announced new "data sovereignty" measures for its data centers on the continent.

Smith said that Monday's announcement was just the latest evidence of the company's commitment to Europe.

Most leading AI firms are American or Chinese, although Europe has some standouts like France's Mistral or Franco-American platform Hugging Face.

Away from Microsoft, some European initiatives such as TildeLM are pushing to develop local-language AI models.

The Windows and Office developer also said Monday that it was working on a digital recreation of Paris' Notre-Dame cathedral that it plans to gift to the French state, as well as digitizing items from the country's BNF national library and Decorative Arts Museum.