Tuesday, April 16, 2024

Twitter acquisition temporarily on hold

The billionaire, who recently announced the acquisition of the popular network, has now announced that this purchase has been temporarily stopped.

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Elon Musk announced that talks about his takeover of Twitter Inc. “temporarily stopped while waiting for details of analyzes that suggest that spam / fake accounts actually make up less than 5% of users” on the social network.

In his tweet, Mask points to a study published by the social network earlier in May, which shows that fake or spamming accounts represent less than 5% of the active user base of this site.

Meanwhile, Twitter has announced its plans to step up efforts to combat the reduction in content coming from the aforementioned accounts.

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Earlier, Musk pointed out that if his plans to buy are realized, expectations in work ethic will be extreme but much lower than what he expects from himself.

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