An Interest In:
Web News this Week
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
- March 21, 2024
- March 20, 2024
- March 19, 2024
Some of Our Sources
- Technology Review
- TutsPlus - Code
- Team Treehouse
- Joshua Blankenship
- Creative Curio
- Fuel Your Creativity
- Wal You
- Android Dissected
- Codrops
- The Verge
Help Webnuz
Referal links:
May 13, 2022 11:03 am GMT
Original Link: https://www.techpowerup.com/294832/elon-musk-places-twitter-acquisition-on-hold-as-doubts-emerge-over-its-userbase-data
Elon Musk Places Twitter Acquisition on Hold as Doubts Emerge Over its Userbase Data
Elon Musk in a late-Thursday tweet announced that he is placing his Twitter acquisition bid on "temporary hold" over doubts about the platform's spam-bot data. Twitter, in a recent SEC regulatory filing, disclosed that spam bots made up less than 5% of its userbase. The filing revealed that Twitter has 229 million users that viewed consistent ads, while fewer than 5% of the "monetizable daily active users" were fake or spam-bot accounts. Financial analysts predict the substantial fall in cryprocurrency values, as well as a $400 billion drop in market-capitalization of the Tesla stock since Musk announced plans to buy Twitter, may have made the world's richest man squeamish about buying Twitter, and that he is probably looking for a legally safe escape route from the deal. Twitter shares plummeted in value since the Musk tweet.
Original Link: https://www.techpowerup.com/294832/elon-musk-places-twitter-acquisition-on-hold-as-doubts-emerge-over-its-userbase-data
Share this article:
Tweet
View Full Article
Leading tech publication