Elon Musk pulls out of $44bn deal to buy Twitter

Elon Musk is seeking to end his $44bn (£36bn) bid to buy Twitter, alleging multiple breaches of the agreement.

The announcement is the latest twist in a long-running saga after the world's richest person decided to buy Twitter in April.

Mr Musk said he had backed out because Twitter failed to provide enough information on the number of spam and fake accounts.

Twitter says it plans to pursue legal action to enforce the agreement. read more