Breaking News on Musk Twitter deal, Pence breaks with Trump, and much more…
By Team DML
Today is May 13 and I am Dennis Michael Lynch. Below are my opinions on the stories grabbing headlines this morning. I hope you share this briefing as doing so will make you the smartest person in the room, in my opinion.
1 – BREAKING: Elon Musk says Twitter deal on hold
CNBC reports: Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform.
In a follow-up tweet around two hours later, Musk added that he was “still committed to the acquisition.”
Twitter’s stock plummeted 18% in premarket trading following the initial announcement, but trimmed some losses after the second tweet. A spokesperson for the social media company did not immediately respond to a CNBC request for comment.