Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk wrote on the social media platform around 09:45 UTC on Friday.
The tweet linked to a Reuters article that referred to a filing from Twitter on Monday where the company estimated that less than 5% of its “monetizable daily active users” are false or spam accounts.
Elon Musk has previously said that one of his main priorities with Twitter would be to remove "spam bots" from the platform.
The price of Elon Musk’s favorite crypto dogecoin (DOGE) has so far fallen by 5% in the 15 minutes since the news broke.
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Source of plagiarized content:
https://www.coinparative.com/news/elon-musk-puts-twitter-deal-on-hold/
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