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Musk says $44-billion Twitter deal on hold -Breaking

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© Reuters. FILEPHOTO: Elon’s Twitter Profile is displayed on the printed Twitter logos of a smartphone in this illustration from April 28th, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters] – Elon Musk has announced that he acquired the $44-billion company of Twitter Inc (NYSE:) temporarily placed on hold citing insufficient details about spamming and false accounts

In a tweet, he stated that Twitter had temporarily placed details to support the calculation that spam/fake accounts represent less than 5% users.

The shares of the social media firm fell 17% during premarket trading

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