Elon Musk “temporarily delays” his acquisition of Twitter for $ 44 billion after the company claimed that less than 5% of its users are spam or fake pages.


The head of Tesla in tweets on Friday, when the deal was frozen while he waited for the details confirming the Twitter claim.

“Twitter transaction has been temporarily suspended due to the expected details that support the calculation that spam / fake accounts actually represent less than 5% of users.”

Musk linked his decision to May 2 Reuters: report: Considering the application submitted to the US Financial Regulatory Authority, in which Twitter claimed that fake spam accounts represent less than 5% of its average daily users.

We conducted an internal review of sample accounts, estimating that the average number of fake or spam accounts in the first quarter of 2022 was less than 5% of our mDAU during the quarter. Certain fake or spam accounts represent the average of fake or spam accounts in a sample during each quarter analysis period. We made a sound judgment in making this decision, so our estimate of fake or spam accounts may not accurately represent the actual number of such accounts; իրական the actual number of fake or spam accounts may be greater than we estimated.

Following Musk announcement: In April, when he offered to buy Twitter, the CEO of Tesla said he wanted to make the social media platform “better than ever” with new product features that would beat spam bots and verify everyone’s authenticity.

As Friday’s story unfolded, Twitter shares fell as much as 25 percent during the pre-market trading session and are now down about 15 percent.

Update 04:53:: In: next tweet:Musk says he is “still committed to the achievement.”

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