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Elon Musk surprised with his latest decision, as he announced that he is putting on hold his offer to buy Twitter, a few weeks after agreeing to take the private company in a $ 44 billion deal.
“Twitter is temporarily awaiting the discovery of more details that support the calculation that unwanted / fake accounts actually represent less than 5% of users.”Musk wrote on Twitter on Friday.
The news caused Twitter shares to fall more than 20% immediately.
In his Twitter post, Musk posted a Reuters report that said Twitter had discovered in a dossier Monday that fake or spam accounts represented less than 5% of daily active Twitter users making money during the first quarter. .
Musk had previously provided a few details about his plans for the social media company. Musk, however, had said that one of his priorities would be to remove spam, or spam, from the platform.
On Tuesday, Musk made headlines in the international media saying he would allow former President Donald Trump to return to Twitter once he took control of the social network.
Trump’s account was permanently removed after his followers attacked the US Capitol on January 6, 2021.
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