Elon Musk targets YouTube says video platform giant hosts nonstop scam ads

  • Elon Musk slammed YouTube's service by tweeting on the micro-blogging site Twitter. Elon Musk even called YouTube a scammer. Musk tweeted,' YouTube seems to be nonstop scam ads'

Livemint
Published8 Jun 2022, 05:55 AM IST
Elon Musk even called YouTube a scammer. Musk tweeted,' YouTube seems to be nonstop scam ads'
Elon Musk even called YouTube a scammer. Musk tweeted,’ YouTube seems to be nonstop scam ads’(REUTERS)

Elon Musk, the CEO of Tesla Company and one of the world's richest people, has expressed his displeasure towards the video streaming platform YouTube which is owned by search giant Google.

The Tesla CEO slammed YouTube's service by tweeting on the micro-blogging site Twitter. Elon Musk even called YouTube a scammer. Musk tweeted," YouTube seems to be nonstop scam ads."

In another tweet, Elon Musk posted a meme poking fun at Youtube for allegedly not cracking down on the deceptive schemes.

Meanwhile, in a statement regarding its policies on scams, Google said, YouTube doesn’t allow spam, scams, or other deceptive practices that take advantage of the YouTube community. We also don’t allow content where the main purpose is to trick others into leaving YouTube for another site.

Also according to a study by Omnicore, with 122+ million daily active users on YouTube consuming more than a billion hours of video every day, this is one of the most widely used social media platforms (and search engines) in the world (YouTube, 2021). It is also the second-most popular search engine right after Google, racking up over a billion hours of views every day (YouTube, 2021). In fact, YouTube receives more search queries than other major search engine platforms like Microsoft Bing, Yahoo, AOL, and Ask ‒ combined, the study said.

In another related development, openly accusing Twitter of breaching the merger agreement, Elon Musk has threatened to walk away and call off the $44 billion acquisition of the social media company for not providing the data he has requested on spam and fake accounts.

Musk demanded that Twitter turn over information about its testing methodologies to support its claims that bots and fake accounts constitute less than 5% of the platform's active user base, a figure the company has consistently stated for years in boilerplate public disclosures, however, Monday's letter claimed Twitter had sought to restrict access to the information by interpreting the merger agreement narrowly, such that providing the information would fall outside the scope of Twitter's contractual requirements.

In a separate securities filing, Twitter previously disclosed that Musk had waived a due diligence clause in the deal that could have made it easier or him to back out of the agreement; without it, Musk could face a tougher climb, and the prospect of litigation.

Catch all the Business News , Corporate news , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

MoreLess
First Published:8 Jun 2022, 05:55 AM IST
Business NewsCompaniesPeopleElon Musk targets YouTube says video platform giant hosts nonstop scam ads

Get Instant Loan up to ₹10 Lakh!

  • Employment Type

    Most Active Stocks

    Tata Motors

    975.00
    03:59 PM | 17 SEP 2024
    -13.15 (-1.33%)

    Zee Entertainment Enterprises

    133.05
    03:59 PM | 17 SEP 2024
    -1.85 (-1.37%)

    Bharat Electronics

    284.20
    03:54 PM | 17 SEP 2024
    -6.15 (-2.12%)

    Oil & Natural Gas Corporation

    294.55
    03:59 PM | 17 SEP 2024
    2.05 (0.7%)
    More Active Stocks

    Market Snapshot

    • Top Gainers
    • Top Losers
    • 52 Week High

    Himadri Speciality Chemical

    640.70
    03:57 PM | 17 SEP 2024
    47.55 (8.02%)

    Kaynes Technology India

    5,561.20
    03:59 PM | 17 SEP 2024
    256.95 (4.84%)

    Thermax

    5,235.20
    03:51 PM | 17 SEP 2024
    233.3 (4.66%)

    Varun Beverages

    649.40
    03:59 PM | 17 SEP 2024
    28.3 (4.56%)
    More from Top Gainers

    Recommended For You

      More Recommendations

      Gold Prices

      • 24K
      • 22K
      Bangalore
      72,970.00-150.00
      Chennai
      73,280.0020.00
      Delhi
      73,330.00-2,085.00
      Kolkata
      73,290.00-2,460.00

      Fuel Price

      • Petrol
      • Diesel
      Bangalore
      102.86/L0.00
      Chennai
      100.75/L-0.10
      Kolkata
      104.95/L0.00
      New Delhi
      94.72/L0.00

      Popular in Companies

        HomeMarketsloanPremiumMint Shorts