From TownHall.com…
Billionaire Elon Musk tweeted Friday morning that the Twitter deal hit a snag.
“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he tweeted, linking to a Reuters article.
Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn
— Elon Musk (@elonmusk) May 13, 2022
According to the report, “Twitter Inc (TWTR.N) estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter.”
Musk, who bought Twitter last month for $44 billion, said a top priority for him would be the elimination of “spam bots.”