Elon Musk says $44-Billion Twitter deal on hold over spam/ fake accounts

Elon Musk said on Friday he was putting a temporary halt on his much-anticipated deal to buy Twitter, sending shares in the social media giant plunging.

Musk, the world's richest man and founder of automaker Tesla, had made the eradication of spam accounts and bots one of the centerpieces of his proposed $44 billion (roughly Rs. 3,41,100 crore) takeover of Twitter.