Business

Twitter insisted that it would enforce the buy-out deal it struck with Elon Musk, for $44bn, after Mr Musk said he was putting the offer on hold. Mr Musk wants the company to provide evidence that spam and fake accounts make up less than 5% of all its users, as claimed by Twitter. Mr Musk thinks the figure is 20%. Investors wonder what he is up to. Mr Musk may be trying to get a lower price for the deal, or be seeking to walk away and pay a $1bn break-up fee.