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Elon Musk Puts Twitter Deal Of $44 Billion On Hold | Latest Update | Breaking News | Mirror Now

Posted

May 13, 2022

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Elon Musk, the world's richest man, on Friday put his $44-billion deal for Twitter Inc temporarily on hold, citing pending details in support of the calculation that spam and fake accounts indeed represent less than 5% of users. Elon Musk tweeted, "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users." Musk has been critical of Twitter's moderation policy. He has said he wants Twitter's algorithm to prioritise tweets to be public and was against too much power on the service to corporations that advertise.

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