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Elon Musk's Purchase Of Twitter Now On Hold, Wants More Details On Fake Accounts

15 days ago   |   By CG Magazine

The richest man in the world, Elon Musk said he is putting his $44 billion takeover of Twitter “temporarily on hold,” as he wants more details about how many of the site's accounts are bogus or spam.
The Tesla and SpaceX founder said he needs to make sure the fake accounts “do indeed represent less than 5%” of Twitter users, which is what the social media company estimated. Musk made the announcement in a tweet early this morning while sharing a recent Reuters story about the takeover. He later added a reply saying, “Still committed to acquisition.”
Twitter deal temporarily on hold pending...
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Elon Musk Says Twitter Deal Is "On Hold" Over Fake Account Details

Elon Musk Says Twitter Deal Is "On Hold" Over Fake Account Details

15 days ago   |   By Android Headlines

Elon Musk's $44 billion takeover of Twitter is “temporarily on hold,” the Tesla CEO announced earlier today. The multi-billionaire who inked a deal to buy the social network last month wants more information on the proportion of spam/fake accounts on the platform.
In a filing Monday, Twitter had stated that fake accounts comprise less than five percent of its monetizable daily active users during the first quarter of the year. So out of the reported 229 million average daily users during Q1 2022, only about 11 million accounts should be fake or spam.
But Elon Musk seemingly doesn't buy...
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