- Twitter ( NYSE: TWTR ) stock is jumping, up 2.6% just before midday Thursday, as it kicked off a media event to address the high-profile skirmish with proposed buyer Elon Musk over spam/bot accounts on the platform.
- Twitter looked to address questions about its policy on automated accounts, and said it uses both human reviews and internal data to get its estimate of bot accounts.
- Musk has disputed Twitter's perpetual disclaimer that spam/bot activity makes up less than 5% of accounts, suggesting in some tweets that it's closer to 90%.
- But Twitter says now that the number of spambots is "well under" an estimate of 5%.
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Twitter jumps as it says bots are well under 5% of platform