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    Donald Trump has predicted Elon Musk will not buy Twitter and urged people to flock to his own social media platform Truth Social. The former president say he did not believe the Tesla billionaire would follow through with the $44billion buyout of the tech firm. He claimed during a rally in Texas on Saturday it was 'because you have so many fake accounts with the bots'. Trump's claims came a day after Musk tweeted his deal to buy Twitter was 'temporarily on hold'. It was also two days after the Tesla founder said Trump should not run for president in 2024, but that his Twitter ban should be lifted. Trump predicted that Elon Musk would not buy Twitter at a rally in Austin, Texas on Saturday On Thursday, Musk tweeted that though he felt Trump's Twitter ban should be lifted, he thinks the former president should not run for reelection Trump told the rally yesterday: 'I don't believe he is going to buy Twitter,' Trump said of Musk, 'Because you have so many fake accounts with the bots... all of the different things I think it...
    Elon Musk has joked that 'owning the libs' isn't cheap after claiming to put his $44 billion acquisition of Twitter on hold. 'Whoever thought owning the libs would be cheap never tried to acquire a social media company!' Musk tweeted on Saturday. He added: 'At least, that's what the lib hivemind thinks haha.'  'Owning libs' is internet slang used by conservatives that refers to defeating or embarrassing liberals in arguments. On Friday morning, Musk threw his Twitter takeover bid into chaos by tweeting that the deal was 'temporarily on hold' while he investigated the prevalence of fake and spam accounts on the social media site. However, one person familiar with the negotiations told the Washington Post: 'We haven't seen one iota of evidence that the deal is on hold.'  'Things continue today just as they were yesterday,' the person said.  Elon Musk has joked that 'owning the libs' isn't cheap after claiming to put his $44 billion acquisition of Twitter on hold. He is seen above with his mother Analysts as well as insiders widely believe that Musk's tweets...
    Following Tesla CEO Elon Musk’s announcement Friday that he has placed his buyout of Twitter “on hold,” many across social media were quick to react to the news. Breitbart News reported earlier today that Tesla and SpaceX CEO Elon Musk has tweeted that his deal to purchase Twitter is currently “on hold” while an investigation into the number of bots and spam accounts on Twitter is completed. Twitter claimed in a recent filing that less than five percent of its daily active users were fake or spam accounts, now Musk appears to want to confirm this claim, which is lower than most estimates. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a tweet. He later added, “Still committed to acquisition.” Still committed to acquisition — Elon Musk (@elonmusk) May 13, 2022 Many were quick to react to Musk’s announcement, including former President Donald Trump who posted about the deal on Truth Social: BREAKING: Donald Trump weighs in on @ElonMusk’s Twitter bid pic.twitter.com/pZ4b34NSzB — Benny Johnson (@bennyjohnson)...
    Twitter CEO and board member Parag Agrawal has insisted that he still expects Elon Musk's $44 billion acquisition of the company to close, after the billionaire threw the deal into doubt by tweeting that it was 'temporarily on hold'. In a lengthy Twitter thread on Friday, Agrawal wrote: 'While I expect the deal to close, we need to be prepared for all scenarios and always do what’s right for Twitter.' Agrawal also addressed his move on Thursday to fire two top Twitter execs, saying that he is 'accountable for leading and operating Twitter, and our job is to build a stronger Twitter every day.'  It came hours after Musk in a surprise move sent sent Twitter stock plunging by casting doubt on his takeover, as analysts speculated that he was trying to negotiate a lower price for the deal or pull out completely. The remarks sent Twitter shares plunging, and they closed down nearly 10 percent for the day, with Agrawal's comment late in the session having little impact.  Twitter CEO and board member Parag Agrawal (left) has insisted that he still...
    DETROIT (AP) — Tesla billionaire Elon Musk has put his plan to buy Twitter on temporary hold, raising fresh doubts about whether he’ll proceed with the $44 billion acquisition. Musk tweeted early Friday that he wanted to pinpoint the number of spam and fake accounts on the social media platform. He has been vocal about his desire to clean up Twitter’s problem with “spam bots” that mimic real people, and he appeared to question whether Twitter was underreporting them. READ MORE: CDC Recommends Masks In These Michigan Counties Due To High COVID-19 LevelsBut the company has disclosed in regulatory filings that its bot estimates might be low for at least two years, leading some analysts to believe that Musk could be raising the issue as a reason to back out of the purchase. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk tweeted Friday morning, indicating he’s skeptical that the number of inauthentic accounts is that low. On Friday, Musk subsequently tweeted that he’s “still committed to acquisition.” Neither Twitter nor Musk responded...
    Host Alex Marlow begins today’s podcast with the vetting of Kathy – Kathy Barnette that is. The outsider candidate is in a three-way dogfight in the Pennsylvania GOP Senate primary, but she has been mostly unvetted up to this point, despite the fact that election day is next week. Donald Trump, who has endorsed one of her opponents (Dr. Oz), has warned that if she wins the primary the Democrats will be very excited about the general election. President Trump is probably correct here; but it is, of course, a bit ironic for him to say it. Then, Alex gets into the latest on the baby formula shortage crisis. There are reports that pallets of baby formula are being sent to our southern border, which is essentially a subsidy to the cartels who smuggle children to America. Mind you, we can’t even get enough formula to American stores. And that isn’t the only supply chain crisis we’re seeing. Intravenous contrast solution, which is necessary for all sorts of medical functions, is now in short supply, and our dependence on China...
    Elon Musk continues to be a hot mess whose billions of dollars give him the power to inflict his hot messiness on the world. On Friday, just days after saying he would reverse Donald Trump’s Twitter ban, he tweeted that his deal to buy the company is “temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users.” Two hours later, he followed up to say that he was “still committed” to buying the social media platform. Sure he is. Musk’s initial tweet cause an 18% drop in Twitter stock, which recovered slightly after his second tweet. That’s on top of a drop in Twitter share prices that left the company worth $9 billion less than Musk had agreed to pay for it. (If nothing else, this whole saga is showing how imaginary and whim-driven the “value” of many companies is.) RELATED STORY: Elon Musk says he'll unban Donald Trump from Twitter One particularly striking thing about Musk’s “on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users” thing is that there have always been...
    LONDON (AP) — Elon Musk said Friday that his plan to buy Twitter for $44 billion is “temporarily on hold” as he tries to pinpoint the exact number of spam and fake accounts on the social media platform, another twist amid signs of internal turmoil over the proposed acquisition. Musk, who has been vocal about his desire to clean up Twitter’s problem with “spam bots” that mimic real people, appeared to question whether the company was underreporting them. In a tweet, the Tesla billionaire linked to a Reuters story from May 2 about a quarterly report from Twitter that estimated false or spam accounts made up fewer than 5% of the company’s “monetizable daily active users” in the first quarter. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said, indicating he’s skeptical that the number of inauthentic accounts is that low. It wasn’t clear whether the issue could scuttle the deal. Stock in both Twitter and Tesla swung sharply in opposite directions, with Twitter’s stock tumbling 18%,...
    Tesla CEO Elon Musk has reportedly placed his $44 billion deal to acquire Twitter on hold pending an investigation into bot accounts on the platform. The stock has plummeted more than 15 percent in pre-market following Musk’s announcement released on his Twitter account. Tesla and SpaceX CEO Elon Musk has tweeted that his deal to purchase Twitter is currently “on hold” while an investigation into the number of bots and spam accounts on Twitter is completed. Twitter claimed in a recent filing that less than five percent of its daily active users were fake or spam accounts, now Musk appears to want to confirm this claim, which is lower than most estimates. “Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a tweet. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022 Twitter shares immediately began to crater in premarket trading, falling by over 15 percent from $45.08...
    Elon Musk's $44 billion deal to buy Twitter is "on hold" for the moment, the billionaire business tycoon said on Friday. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk tweeted. The price of shares in the social media company dipped double digits in premarket trading after the Tesla and SpaceX CEO's tweet. In his tweet announcing the snag in the deal, Musk shared an news article from earlier this month about a Twitter disclosure where the company estimated that fake or spam accounts represent fewer than 5% of its 229 million monetizable daily active users in the first quarter. Last month, Twitter agreed to sell the company to Musk for $44 billion in cash. Musk plans to take the social media company private and focus on making the platform more friendly toward free speech. News Elon Musk Twitter Social Media Business Technology
    Dimitrios Kambouris/Gettyitter  Elon Musk’s attempt to purchase Twitter is temporarily on hold pending an investigation into the number of bots that comprise the social media platform’s userbase. Musk tweeted a Reuter’s report early Friday morning with a message that read: “Twitter deal temporarily on hold pending details supporting calculation that spam/ fake accounts do indeed represent less than 5% of users. Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of usershttps://t.co/Y2t0QMuuyn — Elon Musk (@elonmusk) May 13, 2022 The Reuters post to which Musk linked offered more details, reported by  Sheila Dang who wrote: May 2 (Reuters) – Twitter Inc(TWTR.N)estimated in a filing on Monday that false or spam accounts represented fewer than 5% of its monetizable daily active users during the first quarter. The social media company had 229 million users who were served advertising in the first quarter. read more The disclosure came days after Tesla Inc (TSLA.O) Chief Executive Elon Musk, who has inked a deal to buy Twitter for $44 billion, tweeted that one of his priorities...
    Billionaire Elon Musk said Friday that his plan to buy Twitter for $44 million is “temporarily on hold” over spam and fake accounts.
    LONDON -- 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.It's another twist after signs of internal turmoil amid the Tesla billionaire's planned buyout of the company, including that Twitter fired two of its top managers Thursday.It wasn't clear whether the fake account issue could scuttle the deal.The video above is from a previous report about the initial announcement of Musk's purchase of Twitter.
    SAN FRANCISCO (KGO) -- Elon Musk's $44B deal to buy Twitter appears to have hit a snag. The billionaire tweeted early Friday morning, "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users."
    London (CNN Business)Elon Musk said he is putting his bid to acquire Twitter (TWTR) on hold, weeks after agreeing to take the company private in a $44 billion deal. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk tweeted on Friday. The news sent Twitter shares down more than 20% in premarket trading. -— This story is developing. It will be updated.
    LONDON (AP) — Elon Musk tweets that his $44B deal to buy Twitter “temporarily on hold” pending new details on spam accounts. Copyright © 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
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