Twitter takeover temporarily on hold, says Elon Musk

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Twitter takeover temporarily on hold, says Elon Musk
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Tesla owner says $44bn deal has been paused until he gets more information about fake accounts

$44bn takeover of Twitter

is “temporarily on hold” after the social media platform claimed that less than 5% of its users were spam or fake accounts. The Tesla chief tweeted on Friday morning that the deal was being frozen while he awaited details behind Twitter’s assertion.filing with the US financial regulator , in which Twitter claimed that false or spam accounts represented less than 5% of its daily average users.

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users

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