Elon Musk puts $44bn Twitter takeover deal on hold

Elon Musk said his $44bn (£35bn) deal to buy Twitter is on hold after he queried the number of fake or spam accounts on the social media platform. Musk said he was waiting for information “supporting (the) calculation that spam/fake accounts do indeed represent less than 5 percent of users”. He has been vocal on cleaning up spam accounts. READ ALSO: World Richest Man, Elon Musk, Buys Twitter For $44bn However, analysts speculated that he could be seeking to re-negotiate the price or even walk away from the takeover. Elon…

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