Elon Musk said on Friday his $44-billion (roughly Rs. 3,40,710 crore) acquisition of Twitter was temporarily on hold, citing pending details on spam and fake accounts.

Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5 percent of users,” he said in a tweet.

Shares of the social media company fell 17 percent in premarket trading.

© Thomson Reuters 2022


For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Swiggy Announces Dineout Acquisition, Marking Its Foray Into Dining Out Category

Leave a Reply

Your email address will not be published.