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Musk Puts Twitter Acquisition 'Temporarily on Hold'

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Musk has made a number of vague comments about how he would like to transform the financial aspects of Twitter's business, including charging a 'slight amount' to business and government users and reducing its reliance on advertising.


Elon Musk has said that his planned $44 billion purchase of Twitter is 'temporarily on hold' pending an investigation into the number of bots and spam accounts on the social media platform.

A core tenet of Musk's stated plans for Twitter is the removal of spam accounts from Twitter, and to insist that all human users should be verified.

However, Twitter has made strides to remove fake accounts over recent years, and if fake accounts are indeed a lesser problem than he had assumed, as he hinted in a tweet, Musk's strategy would make less of an impact than he might have hoped.

From Computing (U.K.)
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