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Elon Musk says Twitter deal is on hold until he gets more information about fake accounts

Elon Musk’s deal to buy Twitter is on hold until he gets more information about fake accounts on the platform, he has said.

Twitter said that fake and spam accounts represent less than 5 per cent of the users on its platform, in a filing earlier this month.

In a tweet, Mr Musk linked to that information and said the deal would be postponed until he could see the reasoning for that calculation.

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he wrote.

Xural.com

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