The Twitter-Musk Deal

Elon Musk on April 25 strike the deal to shop for the microblogging platform, Twitter for $44 billion. Mr Musk but 2 weeks ago had said that Twitter has “tremendous potential” and being a free speech supporter, himself tweeted that he shall aim to form the platform more inclusive and vowed to relax content restrictions, eradicate fake accounts, enhance the merchandise with new features and make the algorithms open source to extend trust.

What changes shall twitter undergo under Musk?

By the top of this year, Twitter shares are going to be delisted and it’ll be taken private. He suggested to include an edit button by conducting a poll asking his twitter followers if they need one to which 73.6% indicated that they are doing . additionally to the present , he has suggested Twitter could make the algorithm open source to enable users to ascertain if a tweet has been demoted or promoted so there are not any behind the scenes manipulation. Musk has also proposed changes in Twitter’s subscription service Twitter Blue stating that it could integrate Dogecoin as an alternate sort of payment for the service.

Reactions as Elon Musk reaches the deal

While the Ex CEO Jack-Dorsey Called Musk “Singular Solution” for twitter, the present CEO Parag Agrawal told employees that the longer term of the firm is uncertain. For now, the CEO is staying to ascertain the method conclude. He would get an estimated $42 million if he were terminated within 12 months. Elon Musk said that he hopes even his strongest critics stay the platform, yet some users like Jameela Jamil, best known for her role in TV series “The Good Place “has already quit Twitter citing her reason that that platform may become “even more lawless, hateful, xenophobic, bigoted, misogynistic space.” Being a high-profile Twitter user, Musk is additionally a controversial one. the longer term of twitter can go either way, only time will tell what lies ahead.

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