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Musk says $61 billion Twitter deal on hold over fake account data

Elon Musk tweeted on Friday (May 13) that his US$44 billion (S$61b) cash deal for Twitter Inc (TWTR.N) was "temporarily on hold" while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20 per cent in premarket trading, but after Musk, the chief executive of electric...
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Summer travelers can expect long lines, higher prices as COVID restrictions ease

Airlines, hotels, rental car companies and booking sites all reported a surge in demand for their services in the latest batch of company earnings. But at the same time, many of those companies face a tight labor market and limited volume.
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