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Musk brings up lower price for Twitter

San Francisco: Tesla boss Musk follows up on Twitter in the takeover poker game. A purchase at a lower bid than the previous one is conceivable, he said at a video conference. Musk sent the short message service’s shares plummeting this week by shelving the acquisition. On the US stock exchanges, trading in the stock ended down a good eight percent, at around $37 and 40 cents. Musk had offered around $54 per share. The billionaire also doubts the number of fake profiles on Twitter. In his opinion, at least one fifth are in reality. However, the company has stated that the proportion of spam user accounts is well below five percent.

Broadcast: BR24 News, May 16, 2022, 10:45 p.m

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