Following a Twitter announcement, the deal with Musk could be in jeopardy

“Twitter has cooperated by sharing information with Musk and will continue to do so until the transaction is finalized in accordance with our merger agreement,” a company spokesperson told Bloomberg.

In addition, the social network assured that the agreement is maintained at the same cost. However, the news briefly affected the price of Twitter shares, which fell as much as 4%, but have been recovering in recent hours.

At the beginning of June, the businessman requested that the social network give him more information about the number of spam accounts on the platform, since he does not believe that there is 5% spam, so Twitter opened confidential information to the billionaire.

The access that the owner of Tesla had was to the “firehose” API, a space where each published tweet is analyzed through parameters such as the user’s devices or the accounts they post.

Adding to the risk of the deal, Twitter revealed that it has laid off 30% of the acquisitions team, but no more than 100 people will be fired from the company.

In mid-June, Musk offered his first message to Twitter employees, known as tweeps. One of the main concerns of the 8,000 workers of the San Francisco company is that of cuts.

The owner of Tesla and SpaceX has said that he is interested in getting involved in the development of a product that he feels is wasted.