Elon Musk has finally bought Twitter. He has completed his 44 Billion US dollar acquisition, and as a first move, he has fired some top executives. Musk accused the leaders of misleading him over the number of spam accounts.
He has terminated Twitter chief executive Parag Agarwal, Chief Financial Officer, NITSA, GL, and legal affairs and policy chief a gigantic now she took the top decision of banning Donald Trump from Twitter.
Reports say that right after the signing, Agarwal, and Seagal were escorted out of Twitter headquarters, and Musk and his team only had until midnight today to finalize the deal.
Even before the official announcement, Musk had already declared his acquisition of the microblogging website. It was a heartfelt message for his Twitter advertisers.
And I’m quoting here, the reason I acquired Twitter is that it is important to the future of civilization to have a common digital Town Square. He further goes on to say that he didn’t buy Twitter to make more money, but rather to try to help humanity.
He also called for a warm and welcoming platform for all, but not a quote-unquote, free for all. hellscape Elon Musk reiterated that not everything will be allowed on the platform, and some content could face consequences.
These latest comments are just an extension of what he has been saying all along. Especially focus will be to defeat spambots on the website. Musk wants to change many aspects of the social media platform, but how they will translate in real life remains to be seen.
Just two days ago, he posted a video of himself walking into Twitter headquarters carrying a sink he captioned it. Entering the Twitter headquarters let that sink in. The theatrics didn’t end there, Musk also changed his Twitter bio to read the chief twit.
If this weren’t enough, he has now listed his location as the Twitter headquarters in San Francisco. The acquisition is a culmination of a remarkable saga. It was full of twists and turns and at one point had even sent doubts over whether the deal would go through.
It all began on the 14th of April when must disclose de 9.2% stake in the company making him its largest shareholder.
And now for more on this, we are being joined by perineal Tranberg, who is an expert on data and AI ethics. And it takes journalists from Copenhagen, Denmark, thank you for being with us on this broadcast.
Now, the Elon Musk era at Twitter has begun. Are we expecting any major changes? He has hinted at making Twitter super.
Well, in many ways, it can probably only be better, because for years Twitter has been struggling to make a profit. And for years actually, employees have not been satisfied, satisfied working there.
So the starting point is probably only going one way it can actually only be better, especially if he says he’s not doing this because they want to make a profit. The big question is going to be whether he can make it a nice place to be for the world’s elite.
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Who is using Twitter? Will there be too many bots to too much hate speech? Or will he be able actually to create a nice place to be for us? Because it’s it’s my favorite social media?
Right. And Musk has said that, while he does reiterate that there is importance for free speech, not everything will be allowed on the platform and some content could face consequences. Do you have any details on how this will pan out?
I have no idea but he is a freedom of speech fundamentalist. So it’s going to be very open, but I’m sure that he will have pulleys who will take care of illegal content, of course, but I believe it will be much much more open than it is today and Trump will come back.
Rising Verizon and Pernille. What about advertising? We’ve heard Elon Musk in the past say that he hates advertising but at the moment, this accounts for about 90% of Twitter’s revenue.
Yeah, if he makes it a place where we want to stay advertising Wednesday, but it is going to be really a horrible place with a lot of hate speech. Advertising will leave so that’s it Big Joker. But for now, this is probably gonna be the main income for Twitter in the future as well.
