by Tyler Durden at ZeroHedge
Following headlines earlier in the day from Twitter that it stands by its “5% of accounts are bots” claim, The Washington Post reports that, according to three people familiar with the matter, Elon Musk’s deal to buy Twitter is in “serious Jeopardy”.
It appears Musk’s team is not satisfied that the number of spam accounts is what the company claims, and talks with potential investors have “cooled in recent weeks.”
“Twitter has not been cooperative,” said a person familiar with the discussions.
Ironically, as the WaPo news hit, The Wall Street Journal reports that Twitter has announced it has laid off 30% of its talent acquisition team.
The reaction in TWTR shares is significant, now back below pre-Musk investment levels…
As a reminder,…
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