The sticky transition of Twitter’s ownership to Elon Musk took a new turn, with the Tesla CEO claiming he was putting the deal “on hold” over concerns about spam bots. Twitter’s shares plummeted more than 9 percent Friday after Musk’s comment.
Meanwhile, Democrats on Capitol Hill are sounding alarms this week over the possibility that Donald Trump could return to Twitter.
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Musks says Twitter deal ‘on hold’
Elon Musk was at his most cryptic Friday, tweeting early in the morning that his $44 billion deal to acquire Twitter was “on hold” until he determines what percentage of accounts on the platform are spam or fake.
Many onlookers were quick to point out that putting a deal this advanced into the process “on
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