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Elon Musk's $44 billion acquisition of Twitter on hold due to fake accounts | JOE.ie

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Before the holding was announced, two top managers at Twitter were fired from the company on Thursday

Twitter published a filing on Monday that estimated that less than 5% of users on the platform were fake accounts or bots.Musk said that, along with loosening restrictions for what can be said on the site, he would look to get rid of all fake/spam accounts on Twitter.

. Senior executives Kayvon Beykpour and Bruce Falck were both sacked, with Beykpour saying he was asked to leave by Twitter CEO Parag Agrawal."The truth is that this isn’t how and when I imagined leaving Twitter, and this wasn’t my decision," Beykpour said. "Parag asked me to leave after letting me know that he wants to take the team in a different direction.

The truth is that this isn’t how and when I imagined leaving Twitter, and this wasn’t my decision. Parag asked me to leave after letting me know that he wants to take the team in a different direction.

 

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Elon Musk says $44bn Twitter deal is temporarily on hold | Business PostElon Musk’s Twitter deal is “temporarily on hold”, the billionaire said, pending details on spam and fake accounts. ​ ​Twitter shares slumped 11 per cent pre-market after Musk tweeted the news, while Tesla’s gained as much as 4.9 per cent.
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