{"id":1086885,"date":"2022-05-14T07:28:15","date_gmt":"2022-05-14T07:28:15","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/05\/14\/deal-to-buy-twitter-on-hold-says-elon-musk\/"},"modified":"2022-05-14T07:28:15","modified_gmt":"2022-05-14T07:28:15","slug":"deal-to-buy-twitter-on-hold-says-elon-musk","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/05\/14\/deal-to-buy-twitter-on-hold-says-elon-musk\/","title":{"rendered":"Deal To Buy Twitter On Hold, Says Elon Musk"},"content":{"rendered":"<p><\/p>\n<div>\n<p>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.<\/p>\n<p>\u201cTwitter deal temporarily on hold pending details supporting calculation that spam\/fake accounts do indeed represent less than 5% of users,\u201d he wrote on Twitter.<\/p>\n<p>Musk, the world\u2019s richest man and founder of automaker Tesla, had made the eradication of spam accounts and bots one of the centerpieces of his proposed $44 billion takeover of Twitter.<\/p>\n<p>When the deal was announced in late April he said he wanted to make Twitter \u201cbetter than ever\u201d by \u201cdefeating the spam bots and authenticating all humans\u201d.<\/p>\n<p>But his potential stewardship of the social media platform has hit several bumps since then.<\/p>\n<p>On Wednesday, Musk said he would be open to lifting a ban on former president Donald Trump imposed after the attack on the US Capitol on January 6, 2021.<\/p>\n<p>Activist groups had called on advertisers to boycott the platform if Musk opened the gates to abusive and misinformative posts.<\/p>\n<p>Friday\u2019s announcement saw shares drop by 20 percent in early electronic trading before Wall Street opened.<\/p>\n<p>AFP<\/p>\n<p><!-- AI CONTENT END 2 -->\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>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. \u201cTwitter deal temporarily on hold pending details supporting calculation that spam\/fake accounts do indeed represent less than 5% of users,\u201d he wrote on Twitter. Musk, the world\u2019s richest man [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1075935,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[5713,807,6004,2063,6007,136],"class_list":["post-1086885","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-buy","tag-deal","tag-elon","tag-hold","tag-musk","tag-twitter"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1086885","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1086885"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1086885\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1086885"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1086885"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1086885"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}