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The Latest Breaking News from Twitter Inc.

Elon Musk puts $44 billion Twitter deal 'on hold' over fake account details

Elon Musk put his $44 billion deal for Twitter "temporarily on hold" on Friday while he awaits data on the proportion of its fake accounts, sending the shares in the social media platform plunging.

France 24

Elon Musk says he's put the blockbuster Twitter deal on pause over fake accounts

The Tesla and SpaceX mogul said he needs to make sure the fake accounts "do indeed represent less than 5%" of Twitter's users, as the company has estimated.

WEKU

Elon Musk says deal to buy Twitter is ‘temporarily on hold’

ELON Musk has said his deal to buy Twitter is “temporarily on hold” over details around the number of spam and fake accounts present on the site.

The National (Scotland)

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Twitter reacts to Panthers’ phat 2022 schedule reveal

Thanks to its bomb social media team, the Panthers' 2022 schedule reveal was all that and a bag of chips.

USA Today Sports Media Group

Elon Musk says Twitter deal 'temporarily on hold'

Elon Musk said Friday that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform

The Independent UK

Musk Says $44 Bln Twitter Deal on Hold over Fake Account Data

Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was "temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief…

Asharq Al-Awsat

Elon Musk $44billion Twitter takeover 'on hold' over spam and fake accounts

Elon Musk has put his takeover of Twitter "temporarily on hold" until he gets more details about fake accounts on the social media platform. Twitter said spam and fake accounts represent less than 5% of users

Daily Mirror

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Twitter takeover temporarily on hold, says Elon Musk

Tesla owner says $44bn deal has been paused until he gets more information about fake accounts

The Guardian - US

Elon Musk ‘still committed’ to Twitter deal despite ‘on hold’ comment

The Tesla billionaire said the deal paused was ‘pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users’

Evening Standard

Elon Musk says Twitter deal "temporarily on hold"

Musk provided few details, but the tweet from his official account will ignite havoc in the tech and financial worlds.

Axios

'Still committed,' says Elon Musk, hours after putting Twitter deal on hold

NEW DELHI: After putting his $44 billion deal for acquiring social media platform Twitter on hold temporarily, Elon Musk said that he is still committed to the acquisition.

The Times of India

Trump media company hiring producers for ‘Maga version of Netflix’

TMTG’s vision statement says the conglomerate is an answer to ‘liberal bias’

The Independent UK

Elon Musk wants 'less divisive' candidate than Donald Trump in 2024

SpaceX founder and Tesla CEO Elon Musk said he prefers a less divisive candidate in the 2024 election than former President Donald Trump and that President Joe Biden was wrong to assume the country wanted dramatic changes. Read more on Dynamite News:

Dynamite News

Dogecoin Creators Blasts 'Tech Bros,' Takes Jab At Terra (LUNA) Founder

Dogecoin (CRYPO: DOGE) co-creator Billy Markus is filled with joy even when he sees tips in the meme coin “flying around” on Twitter Inc’s (NYSE: TWTR) platform even during what he called “this super down depressing market.”

Benzinga

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The Hindu

Morning Digest | Inflation soars near eight-year high to 7.8% in April; 90 lakh Ujjwala scheme beneficiaries do not get refills, and more

A select list of stories to read before you start your day

The Independent UK

Elon Musk says Biden beat Trump as the country ‘just wanted less drama’

Tesla boss says current president mistakenly thinks he ‘was elected to transform the country’

Tribune News Service

Elon Musk seeks to scrap Tesla margin loan with new Twitter funding

Elon Musk is in talks to raise enough equity and preferred financing for his proposed buyout of Twitter Inc. to eliminate the need for any margin loan linked to his Tesla Inc. shares, according to people with knowledge of the matter.

The Independent UK

Democrats ask Facebook, YouTube and Twitter to archive content that could be used in war crimes trial against Russia

Two committees say social media content could provide evidence of Russia ‘atrocities’

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Daily Mirror

Sharon Osbourne gives thumbs up to Elon Musk's plan to get Donald Trump back on Twitter

Sharon Osbourne has said everyone has the right to be on Twitter, "even the Taliban", as she backed Elon Musk's proposal to reverse Twitter's ban on Donald Trump.

The Independent UK

Tesla, Twitter shares drop as Elon Musk's legal issues grow

Shares of Tesla and Twitter have tumbled this week

Benzinga

Twitter CEO Sends Execs Packing, Suspends Hiring: What Investors Need To Know

Twitter Inc (NASDAQ: TWTR) is pausing hiring amid the departure of two company executives.

The Independent UK

Managers fired from Twitter amid Musk buyout turmoil

In the latest sign of turmoil inside Twitter amid Elon Musk's planned buyout of the company, a Twitter general manager, Kayvon Beykpour, is leaving after 7 years

Asharq Al-Awsat

Twitter CEO Says Two Leaders to Depart

Two senior Twitter leaders who oversee the consumer and revenue divisions will depart the social media company, chief executive Parag Agrawal told employees in a memo on Thursday, in one of the biggest shake-ups at the firm since billionaire Elon Musk announced he would buy Twitter for $44 billion. Agrawal…

Axios

Twitter freezes hiring, rescinds some offers as top execs depart

The announcement comes as Twitter faces a complicated takeover bid from Elon Musk.

Axios

It’s a bad year to be fantastically rich

Five billionaires — Elon Musk and Jeff Bezos among them — have each lost more than $50 billion this year alone.

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