Deal to buy Twitter ‘temporarily on hold’, says Musk

Elon Musk has made the eradication of bots and spam accounts one of the centrepieces of his proposed US$44 billion takeover of Twitter. – EPA pic, May 13, 2022.

ELON Musk today said he is putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he tweeted.

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