than 5 per cent of users.
Twitter had earlier this month estimated that false or spam accounts represented fewer than 5 pre cent of its monetisable daily active users during the first quarter, when it recorded 229 million users who were served advertising. Mr Musk, the world's richest man and a self-proclaimed free speech absolutist, had said that one of his priorities would be to remove"spam bots" from the platform.
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Explainer-Can Elon Musk renegotiate a lower price for his Twitter deal?Twitter Inc shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion on April 25, raising questions over whether the world's richest person will try to renegotiate the deal. On Tuesday, the implied probability of the deal closing at the agreed price fell below 50% for the first time, when Twitter shares dropped below $46.75. News that Musk would lift a ban on former President Donald Trump's Twitter account, while significant politically, did not move the stock.
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Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Musk puts on hold $44-billion deal for Twitter, shares slumpShares of the social media company fell 17.7% to $37.10 in premarket trading, their lowest level since Musk disclosed his stake in the company in early April and subsequently made a 'best and final' offer to take it private for $54.20 per share. The implied probability of the deal closing at the agreed price fell below 50% for the first time on Tuesday, when Twitter shares dropped below $46.75. Twitter had earlier this month estimated that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter, when it recorded 229 million users who were served advertising.
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Elon Musk says Biden beat Trump as the country ‘just wanted less drama’Tesla boss says current president mistakenly thinks he ‘was elected to transform the country’ I think Biden is one of the great P we ever have and I can prove it if you want. The country wanted less 'drama' . Now the country has a 'BIG DRAMA', fuelling a bloody war. Well done Biden..... After twitter....he is laying the groundwork to be potus. Watch this space.
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Besieged Ukrainian commander asks Elon Musk for help
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Twitter CEO says two leaders to depart, hiring paused amid Musk takeover(Reuters) -Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, Chief Executive Officer Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the company since billionaire Elon Musk announced he would buy it for $44 billion. Agrawal also said in the memo, which was seen by Reuters, that Twitter would pause most hiring and review all existing job offers to determine whether any 'should be pulled back.' He attributed the decision in part because Twitter was not able to hit user growth and revenue milestones to maintain confidence that it could reach aggressive growth targets it had set in 2020.
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