Musk says three issues need to be addressed in closing Twitter deal

Elon Musk said on Tuesday that his plan to buy Twitter for $44 billion was stalled by three pending issues: getting shareholder approval, securing debt financing and arguing over his concerns about spam users on the platform and Twitter. Questions about fake accounts answered. First, he said, he is “still waiting for an answer” after he asked Twitter in recent weeks for data so he could assess how many fake bot accounts were on the platform. Musk reiterated that he wants Twitter to be a “digital city square,” adding that he wants half the world to join the platform. In addition to talking about the Twitter deal, Musk also clarified that the company’s plan to lay off 10% of its salaried workforce will take place over the next three months or so.

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