Musk threatens to drop Twitter deal if fake-account data not provided

Musk threatens to drop Twitter deal if fake-account data not provided

June 6 (Reuters) – Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire Twitter Inc (TWTR.N) if the social media network failed to provide data on spam and fake accounts. In a letter to Twitter, the billionaire reiterated his request for details on bot accounts and said … Read more

Facebook-owner Meta Platforms’ Sheryl Sandberg to leave after 14 years

Facebook-owner Meta Platforms' Sheryl Sandberg to leave after 14 years

June 1 (Reuters) – Meta Platforms Inc (FB.O) Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world’s biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday. The announcement initially sent the social media firm’s shares … Read more

Musk seeks proof on share of spam bot on Twitter for deal to progress

Musk seeks proof on share of spam bot on Twitter for deal to progress

May 17 (Reuters) – Elon Musk said on Tuesday his $44 billion offer would not move forward until Twitter Inc (TWTR.N) shows proof that spam bots account for less than 5% of its total users, hours after suggesting he could seek a lower price for the company. “My offer was based on Twitter’s SEC filings … Read more