Elon Musk: Twitter deal is on hold

Date:
Fri, 13 May 2022 10:28:12 +0000

Description:
After a report was published that states Twitter bots make up less than 5% of its userbase, Musk has put the deal on ice.

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Elon Musk announced in a tweet that his $44 billion deal to buy Twitter is on hold, due to a report about spam accounts on the social network being fewer than previously thought.

This is a breaking news story. We will be updating further. Could the deal fall apart?

Elon announced on May 13 that a report has found that spam accounts make up for 5% of the total userbase on Twitter. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn May 13, 2022 See more

Due to this revelation, the deal has been put on hold, but it's interesting that only now Musk has decided to do this. Twitter is working on an edit button



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Link to news story: https://www.techradar.com/news/elon-musk-says-twitter-deal-is-on-hold-after-re velations-over-a-spam-bot-report/


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