• Latest
  • Trending
Elon Musk offers to buy Twitter for $43.4bn

Elon Musk: Why I’m putting deal to buy Twitter on hold

1 year ago
JUST IN: Tinubu nominates El-Rufai’s replacement for ministerial position

JUST IN: Tinubu nominates El-Rufai’s replacement for ministerial position

5 hours ago
Pregnant woman, two children tricycle rider killed as LASTMA official drags steering with motorist

Pregnant woman, two children tricycle rider killed as LASTMA official drags steering with motorist

5 hours ago
Security clearance: FG deregisters Ohanaeze, ACF, others

23-year-old lady who threatened suicide bombing over Kano guber judgement arrested by DSS

7 hours ago
Oyo to accredit real estate developers

Oyo holds leadership retreat for political office holders

7 hours ago
Fanfare as Yoruba youths celebrate Yoruba National Day

Fanfare as Yoruba youths celebrate Yoruba National Day

9 hours ago
Nigerian actress gets new title from Muslim community

Nigerian actress gets new title from Muslim community

10 hours ago
Palliative: Minister commences door-to-door verification of names on social register in Lagos

Palliative: Minister commences door-to-door verification of names on social register in Lagos

14 hours ago
Strike: Labour in ‘make or mar’ meeting with FG

BREAKING: Labour suspends planned indefinite strike for 30 days

22 hours ago
JUST IN: CSU finally releases Tinubu’s academic records to Atiku, authenticates certificate

JUST IN: CSU finally releases Tinubu’s academic records to Atiku, authenticates certificate

22 hours ago
Subsidy removal: NLC holds national protest February

JUST IN: Maritime union directs members to resume, says NLC strike cancelled

23 hours ago
Strike: Labour in ‘make or mar’ meeting with FG

Strike: Labour in ‘make or mar’ meeting with FG

1 day ago
Residents ask Makinde to declare state of emergency on Ibadan roads

Residents ask Makinde to declare state of emergency on Ibadan roads

1 day ago
Olubadan speaks on children’s allegations against younger brother, threatens to disown them

Olubadan speaks on children’s allegations against younger brother, threatens to disown them

1 day ago
EFCC uncovers fresh $72.8m linked to ex-petroleum minister

Alleged £100,000 bribery: Ex-petroleum minister, Diezani gets £70,000 bail in UK

1 day ago
Jubilation as  Osun community gets power supply after 91 years

Jubilation as Osun community gets power supply after 91 years

1 day ago
Election: Tinubu, Atiku shift legal battle to Chicago

Lawyer: Tinubu’s academic documents not useful in Atiku’s Supreme Court appeal

2 days ago
Nigeria @63: We must  build a country free from corruption, inequality, injustice- Adelabu

Nigeria @63: We must build a country free from corruption, inequality, injustice- Adelabu

2 days ago
Independence Day: No transformation comes without pains- Sen Akanbi

Independence Day: No transformation comes without pains- Sen Akanbi

2 days ago
  • Contact Us
  • Advertise
Tuesday, October 3, 2023
Newspeakonline
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
  • Home
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
    • Africa
    • Americas
    • Asia
    • Europe
  • Opinion
  • Interview
  • Newspeak ExclusivesNew
No Result
View All Result
Newspeak
UBA
Home Business

Elon Musk: Why I’m putting deal to buy Twitter on hold

newspeak by newspeak
May 13, 2022
in Business, Tech
Reading Time: 1 min read
0
Elon Musk offers to buy Twitter for $43.4bn
Share on FacebookShare on TwitterShare on WhatsAppShare on Telegram

>

The billionaire founder of Tesla Inc.,Elon Musk, on Friday, said he is putting a temporary halt on his much-anticipated deal to buy Twitter.

RelatedPosts

Twitter threatens to sue Meta over Threads app

JUST IN: Twitter removes Osinbajo’s verification tag

Twitter Blue subscribers can now upload two-hour videos

“Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” he wrote on Twitter.

Musk, the world’s richest man had made the eradication of spam accounts and bots one of the centerpieces of his proposed $44 billion takeover of Twitter.

When the deal was announced in late April, he said he wanted to make Twitter “better than ever by defeating the spam bots and authenticating all humans.”

But his potential stewardship of the social media platform has hit several bumps since then.

On Wednesday, Musk said he would be open to lifting a ban imposed on former President Donald Trump, following the attack on the U.S. Capitol on January 6, 2021.

Activist groups had called on advertisers to boycott the platform if Musk opened the gates to abusive and misinformative posts.

Friday’s announcement saw Twitter’s shares drop by 20 per cent in early electronic trading before Wall Street opened.

(AFP)

Related

What’s your Reaction?
Like
Like
0
Dislike
Dislike
0
Laugh
Laugh
0
Angry
Angry
0
Sad
Sad
0
Accurate
Accurate
0
0 Shares
Facebook Twitter WhatsApp Linkedin Messenger
×

Share this post!

Facebook Twitter WhatsApp Linkedin Messenger Telegram Tumblr
Tags: DealElon MuskTwitter

Recent Posts

BUA slashes cement price to N3,500

BUA slashes cement price to N3,500

October 1, 2023
Meet Yemi Cardoso, revered banker Tinubu named CBN Governor

How we’ll stabilise FX market, slow inflation- CBN Governor

September 26, 2023
Meet Yemi Cardoso, revered banker Tinubu named CBN Governor

Yemi Cardoso assumes duty as acting CBN Governor

September 22, 2023
NCC announces change to fixed lines numbering format

NCC announces change to fixed lines numbering format

September 20, 2023
Five things to know about new iPhone 15

Five things to know about new iPhone 15

September 12, 2023
Aliko Dangote celebrates African Young Global Leaders

Aliko Dangote celebrates African Young Global Leaders

September 11, 2023
Dangote cement remits N412.9bn to FG in three years

Dangote cement remits N412.9bn to FG in three years

September 4, 2023
Dangote’s 50kg cement costs between N4,000  and N4,600- Management

Dangote’s 50kg cement costs between N4,000 and N4,600- Management

September 4, 2023
Next Post
FULL TEXT: CBN Governor’s address on change of management at First Bank of Nigeria

CBN Governor, Emefiele, drops presidential bid

Leave a ReplyCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Newspeakonline

© 2023 Newspeak & Associates

Navigate Site

  • Breaking News
  • Business
  • Entertainment
  • Interview
  • Newpeak Magazine
  • Newspeak Exclusives
  • Politics

Follow Us

No Result
View All Result
  • Home
  • Latest News
  • Politics
  • Business
  • Entertainment
  • Technology
  • World
  • Opinion
  • Interview
  • Newspeak Exclusives

© 2023 Newspeak & Associates

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Newspeak We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications