<p>Elon Musk announced the termination of his $44 billion acquisition of Twitter Inc, citing the social media company&#8217;s failure to provide information about fake accounts on the platform.</p>



<figure class="wp-block-image size-full"><img src="https://softwaremania.in/wp-content/uploads/2022/07/TwitterDeal_ElonMusk_softwaremania.jpg" alt="" class="wp-image-257703"/></figure>



<p>Musk&#8217;s lawyers stated in a filing to the US Securities and Exchange Commission (SEC) that <a href="http://www.twitter.com">Twitter</a> had failed or refused to respond to multiple requests for <a href="https://softwaremania.in/category/latest-news/">information</a> on fake or spam accounts on the platform, which is critical to the company&#8217;s business performance. Twitter chairman Bret Taylor took to the microblogging site to announce that the company&#8217;s board of directors intends to take legal action to enforce the merger agreement.</p>

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