Re: Elon Musk buys Twitter for $44 Billion
Deal on hold
Quote:
Elon Musk puts Twitter deal on hold over fake account details
Elon Musk has said his $44bn (£35bn) deal to buy Twitter is temporarily on hold after he queried the number of fake or spam accounts on the social media platform.
He said he was waiting for information "supporting [the] calculation that spam/fake accounts do indeed represent less than 5% of users".
Following the announcement, Twitter shares fell 25% in pre-market trading.
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https://www.bbc.co.uk/news/business-61433724
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