NEW DELHI: Tesla chief Elon Musk on Friday said that his $44 billion Twitter deal is temporarily on hold due to pending details on spam and fake accounts. In a tweet, Musk said: “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Twitter deal … Read more
Elon Musk is expected to become Twitter’s temporary CEO after closing his $44 billion takeover of the social-media firm, a person familiar with the matter said on Thursday, as the billionaire inches closer to securing funds for the deal. Musk, the world’s richest man, is also the CEO at Tesla Inc and heads two other … Read more
The Elon Musk-Twitter saga — it has quickly turned into one — has had many twists and turns. To give you a quick recap, here’s what has happened so far: Musk acquired a 9.1% share in Twitter, and became the single largest shareholder; Twitter announced Musk will join the board of directors and there were … Read more