Elon Musk says $44 billion deal to acquire Twitter on hold pending review of data on fake accounts
In a tweet posted Friday, the Tesla and SpaceX founder cited spam or fake accounts on the social media platform, pointing to a"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of
users," wrote Musk.Musk’s tweet comes a day after the social media company fired two of its top managers. Twitter said the company is pausing most hiring, except for critical roles, and is “pulling back on non-labor costs to ensure we are being responsible and efficient.”
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