Article 616MD Elon Musk Twitter takeover deal in ‘serious jeopardy’

Elon Musk Twitter takeover deal in ‘serious jeopardy’

by
Dan Milmo Global technology editor
from Technology | The Guardian on (#616MD)

Washington Post says Musk team has stopped certain funding discussions as Tesla CEO questions spam account figures

The planned takeover of Twitter by Elon Musk is in serious jeopardy", according to a report, sending shares in the company 4% lower in after-hours trading on Wall Street.

Musk's team has stopped certain discussions around funding for the $44bn deal, according to a report in the Washington Post, citing three people familiar with the matter. The report said Musk had concluded that Twitter's figures on spam accounts - a bone of contention in the deal - were not verifiable.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/technology/rss
Feed Title Technology | The Guardian
Feed Link https://www.theguardian.com/us/technology
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments