Elon Musk has put a temporary hold on his bid to buy Twitter. The reason - anticipation of “pending details” regarding the calculation mechanism behind the estimate of under 5% share of fake/spam accounts on the social media platform.
Twitter certainly does not have the best track record when it comes to keeping a count of its users. The company has repeatedly made “technical” errors when calculating their number of daily users, which in turn has led to overestimations of how many people actually use the social media platform on a daily basis.
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Elon Musk Puts Twitter Take Over on Hold, Twitter Shares TankUPDATE: elonmusk put his $42 billion takeover of Twitter on hold till it can be verified that the social media site has less than 5% of spam or fake accounts. Musk's tweet sent Twitter shares plummeting to under $39. By OKnightCrypto elonmusk OKnightCrypto Get it now under a discount 😎 elonmusk OKnightCrypto LOL, elonmusk OKnightCrypto In more important news, NATO has surrounded russia in last 48 hours. This may not end well.
Source: CoinDesk - 🏆 291. / 63 Read more »
Elon Musk Says Twitter Deal ‘On Hold’I am a London-based reporter for Forbes covering breaking news. Previously, I have worked as a reporter for a specialist legal publication covering big data and as a freelance journalist and policy analyst covering science, tech and health. I have a master’s degree in Biological Natural Sciences and a master’s degree in the History and Philosophy of Science from the University of Cambridge. Follow me on Twitter theroberthart or email me at rhartforbes.com Why is it on hold? BREAKING: Elon Musk says Twitter deal temporarily on hold 'pending details' 🤣 😂 🤣 😂 🤣 😂 🤣 😂 CryptoWhale
Source: Forbes - 🏆 394. / 53 Read more »
Elon Musk says Twitter deal 'temporarily on hold'LONDON (AP) — Elon Musk said Friday that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform. The announcement that the Tesla billionaire tweeted is another twist amid signs of internal turmoil over his planned buyout of Twitter, including that the social media company fired two of its top managers Thursday. 😆😆😆😆😆😆😆😆😆😆😆😆😆😆 Did he short Twitter before publicizing this? 🤔 Knew this would happen.
Source: AP - 🏆 728. / 51 Read more »
Elon Musk says Twitter deal 'temporarily on hold'BREAKING: Elon Musk said that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform.
Source: wjxt4 - 🏆 246. / 63 Read more »
Elon Musk says Twitter deal 'temporarily on hold'Elon Musk has tweeted that the Twitter deal is temporarily on hold due to the high number of fake accounts. Epic level trolling Is it that weird that people feel the need to talk about subjects with strangers and without leaving a mark? Opinions change, people change. I don’t want people to know who i am and what i said 5 years ago. The internet is a wild west. Its for my own safety. This is a really interesting development as Twitter says less than 5% are fake/spam accounts but has elonmusk's due diligence shown this to be wrong and a much higher number? Could this lead many other issues around Twitter's filings being questioned?
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Twitter Deal ‘Temporarily on Hold,’ Says Elon MuskThe Twitter deal is temporarily on hold, billionaire Elon Musk posted on Friday. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed rep… wait but i thought elon musk officially bought twitter tho or is this deal for something else elonmusk couldn’t get the money because Tesla stock tanked. That’s the face he makes whenever he remembers seeing Amber chewin, not suckin, that P Tang.
Source: Variety - 🏆 108. / 63 Read more »