• Elon Musk: Twitter deal ‘temporarily on hold'

    11 days ago - By Bésame

    By KELVIN CHAN
    LONDON - Elon Musk said Friday that his plan to buy Twitter is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of turmoil over the proposed $44 billion acquisition.
    Musk has been vocal about his desire to clean up Twitter's problem with “spam bots” that mimic real people and appeared to question whether the company was underreporting them.
    In a tweet, the Tesla billionaire linked to a Reuters story from May 2 about a quarterly report from Twitter that estimated false or spam...
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  • Elon Musk says his deal to buy Twitter is on hold

    11 days ago - By Bésame

    Elon Musk said he is putting his bid to acquire Twitter on hold, weeks after agreeing to take the company private in a $44 billion deal.
    “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted on Friday.
    -- This story is developing. It will be updated.
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