Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc is “temporarily on hold” while he waits for the social media company to provide data on the
Elon Musk said Friday that his plan to buy Twitter is "temporarily on hold," raising fresh doubts about whether he'll proceed with the $44 billion acquisition.
Musk, whose offer to buy Twitter for $44 billion was accepted by the company’s board in April, said the takeover deal was “temporarily on hold” amid concerns over the number of fake and spam accounts on the site.
Twitter did not immediately respond to a request for comment. There was no immediate reaction from the investors that Musk tapped last week to raise $7.1 billion in funding.
Elon Musk has put his plan to buy Twitter on temporary hold, raising fresh doubts about whether he’ll proceed with the $44 billion acquisition. In a tweet early Friday, the
Elon Musk said his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform.
Elon Musk says his plan to buy Twitter is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform,
(Reuters)—Elon Musk tweeted on Friday that his $44 billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts.
World's richest man says his $44 billion purchase of the social media giant is being held up by pending details on how much spam and fake accounts are on it.
CNN, CNNBUSINESS By David Goldman and Chris Isidore, CNN Elon Musk said he is putting his bid to acquire Twitter on hold, weeks after agreeing to take the company private in a $44 billion deal. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed…
Following Tesla CEO Elon Musk's announcement Friday that he has placed his buyout of Twitter "on hold," many across social media were quick to react to the news.
Elon Musk announced on Friday that his plan to buy Twitter in a proposed $44 billion deal is ” temporarily on hold ” as he tries to pinpoint the exact number of spam and fake accounts it has.
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