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Twitter deal ‘temporarily on hold’

Musk: Twitter deal ‘temporarily on hold’

Shares plunge as billionaire raises new questions about fake and spam accounts

Billionaire Elon Musk has said he wants to make Twitter “better than ever” by “defeating the spam bots and authenticating all humans”, but now he is questioning how many fake accounts Twitter really has. (AFP Photo)

NEW YORK: Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging.

Musk, the world’s richest man and founder of the automaker Tesla, had made the eradication of spam accounts and bots one of the centerpieces of his proposed $44-billion takeover of…

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