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Czech entrepreneur and billionaire Daniel Kretinsky will firm up an offer of £5bn for the company.
In her first major campaign speech, the shadow chancellor said all policies will be "fully costed".
The messaging app's boss has taken to social media to deny Mr Musk's claim it "exports user data."
Household budgets have come under pressure as prices soared in the wake of the pandemic.
Research suggests people are only using products like ChatGPT a few times to try them out.