Elon Musk Tweets “Twitter Deal Temporarily on Hold”
GoLocalProv News Team
Elon Musk Tweets “Twitter Deal Temporarily on Hold”
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted.
Musk linked to an article from Reuters that reported on how many of Twitter’s accounts are fake.
GET THE LATEST BREAKING NEWS HERE -- SIGN UP FOR GOLOCAL FREE DAILY EBLAST“Twitter Inc(TWTR.N)estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter.The social media company had 229 million users who were served advertising in the first quarter. read more The disclosure came days after Tesla Inc (TSLA.O) Chief Executive Elon Musk, who has inked a deal to buy Twitter for $44 billion, tweeted that one of his priorities would be to remove 'spam bots' from the platform,” according to Reuters.
Musk has been in the midst of a near $50 billion takeover of the social media company.
