Elon Musk announced in a tweet that his $44 billion deal to buy Twitter is on hold, due to a report about spam accounts on the social network being fewer than previously thought. According to a story from Reuters (opens in new tab) on May 2, bot accounts, which automatically post tweets based on certain content, represent less than 5% of the accounts that have been used to monetize the service through ads and its other paid offerings, such as Twitter Blue, Super Follows and more. With this number, it may be lower than what Musk expected, as he’s been tweeting in recent weeks about his aims to get rid of bot accounts, while looking at ways to monetize the service further.
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