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Head of Twitter hits back at billionaire Elon Musk

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The head of Twitter has defended the platform after Musk’s fake accounts stint over the weekend

Chief executive Parag Agrawal says he has “confidence” in the firm’s claims that less than 5 per cent of users are spam.

According to the head honcho, twitter suspends around 500,000 accounts daily.

In fact, Agrawal claimed twitter shared an overview of how it determines which accounts are real or spam with Musk himself.

The chief says margins of error are well within its estimate of spam accounts representing less than 5 per cent of daily users.

This all comes as Musk says he had put the deal on hold pending information that spam accounts actually do make up less than 5 per cent of users

Analysts have speculated that Musk may be looking for ways to renegotiate the price of the deal or walk away.

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Business

Disney’s Drama

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What’s going on at Disney and why is the world’s largest entertainment company in trouble?

 
Dreams are a wish your heart makes, or at Disney, dreams are having a tough time of coming true.

After decades of turning children’s dreams into fantasies, the mouse-house is facing a crisis of leadership.

This Ticker Original looks at how the Walt Disney Company got here, and what happens next. #disney #bob iger

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The Tech Market Crash

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Since the Global Financial Crisis, tech companies have been riding high and making billions, so what happened?

 
It’s been a shocking year for tech companies. Riding high off the back of the pandemic, reality suddenly hit.

Across Silicon Valley, and spreading to Wall Street, the once darlings of the Nasdaq were suddenly hit hard.

So what happened, and where to from here?

This Ticker Original investigates. #snapchat #apple #tech stocks #nasdaq

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Shell delivers record 2022 profit

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Petrol company Shell has delivered a record $40 billion profit in 2022

It comes on the back of surging energy prices, and the war in Ukraine.

The company also reported a fourth-quarter profit of almost $10 billion, beating estimates.

The $40 billon in annual profit soared past the previous record of $31 billion in 2008.

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