Musk says $44 billion Twitter deal on hold over fake account data
518 Articles
518 Articles
Elon Musk says Twitter deal 'temporarily on hold'
Elon Musk said Friday that his plan to buy Twitter for $44 billion 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 internal turmoil over the proposed acquisition. Musk, who has been…
Elon Musk says Twitter takeover 'temporarily on hold'
(Image courtesy Pixabay)(WASHINGTON EXAMINER) – Elon Musk's $44 billion deal to buy Twitter is "on hold" for the moment, the billionaire business tycoon said on Friday."Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk tweeted. The price of shares in the social media company dipped double digits in premarket trading after the Tesla and SpaceX CEO's twe…
Surprise! Elon Musk Now Getting Wobbly On Buying Twitter, Claims Deal Is 'Temporarily On Hold’
The erratic billionaire may be trying to back out of his stunning bid to take over Twitter, now claiming he is concerned about “spam/fake accounts,” but analysts suspect he's just getting cold feet and that he may not actually be able to line up the money.Well, there are two freshly fired Twitter executives who must be feeling a pretty good amount of schadenfreude today. They were fired this week likely because of Elon Musk’s impending $44 billi…
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