Elon Musk says Twitter deal ‘temporarily on hold’

Elon Musk says his $44 billion purchase of Twitter is “temporarily on pause” as more information on spam and phoney accounts on the social media platform becomes available.

Elon Musk said Friday that his $44 billion acquisition of Twitter is “temporarily on pause” as he seeks to determine the actual amount of spam and phoney accounts on the social media network, a new twist amid signs of internal conflict over the proposed deal.

Musk appeared to query whether Twitter was underreporting “spam bots” that imitate actual people. Musk has been vocal about his desire to clean up Twitter’s problem with “spam bots” that imitate real people.

“Twitter agreement on hold temporarily for details supporting computation that spam/fake accounts do actually represent less than 5% of users,” Musk stated, implying that he doubts the number of fraudulent accounts is that low.