Elon Musk Pauses Twitter Shopping For This Reason

The technological tycoon announces the provisional suspension of the agreement in the absence of knowing the proportion of false accounts that there are in the social network. The decision leads the company's shares to plummet 20%.

Elon Musk  announced this Friday that he is provisionally suspending the purchase of Twitter, pending details on the proportion of false accounts  on the social network.

"The agreement on Twitter is temporarily suspended," announced, precisely on the social network, the richest man in the world and head of Tesla. Following this message, the group's share fell 20% in electronic trading prior to the opening of the Wall Street stock market.

Why Is The Value Of Cryoto Currencies Falling Worldwide?

Twitter estimated earlier this May that fake or spam accounts represented less than 5% of its active users. One of the priorities that Musk set for himself when he announced the purchase of the company for 44,000 million dollars was the removal of "spam bots" from the platform.

Do You Know What We Have Posted on

twitter facebook instagram reddit tumblr

Post a Comment