Elon Musk says Twitter deal 'on hold', share price plunges | iMore

Elon Musk says that his bid to buy Twitter is "temporarily on hold" after the company revealed estimates that less than 5% of accounts on the platform are spam bots or fake accounts.
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It is likely that the valuation of Twitter as a brand which helped Musk arrive at his $44 billion offer is based in part on monetizable users and revenue, which might be lower than anticipated if 5% of those accounts aren't actually real.

Is this confusing to you, too? Is Musk worried that 5% of the accounts aren't real, or that less than 5% aren't real?

#technology #tech #internet #SocialNetworking #microblogging #Twitter #ElonMusk

https://www.imore.com/elon-musk-says-twitter-deal-hold-over-spam-account-revelation