Elon Musk today said his deal to purchase Twitter is "temporarily on hold" while he awaits details on the number of spam and fake accounts on the site, but he later added that he remains "committed" to the acquisition.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5 percent of users," Musk wrote in a tweet Monday morning. In a follow-up tweet two hours later, he wrote, "Still committed to acquisition."
The first tweet saying that the deal is "on hold" included a link to a May 2 Reuters article noting that Twitter had "estimated in a filing... that false or spam accounts represented fewer than 5 percent of its monetizable daily active users during the first quarter."
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Keep it Clean. Please avoid obscene, vulgar, lewd, racist or sexually-oriented language.
PLEASE TURN OFF YOUR CAPS LOCK.
Don't Threaten. Threats of harming another person will not be tolerated.
Be Truthful. Don't knowingly lie about anyone or anything.
Be Nice. No racism, sexism or any sort of -ism that is degrading to another person.
Be Proactive. Use the 'Report' link on each comment to let us know of abusive posts.
Share with Us. We'd love to hear eyewitness accounts, the history behind an article.