The world's richest and Tesla CEO Elon Musk has now become the new owner of Twitter. Musk had offered to buy Twitter for $ 44 billion, i.e. Rs 3.37 lakh crore, which the company has accepted. However, the biggest question is why Musk, who runs profitable companies like Tesla, SpaceX, has bought Twitter with weak balance sheets?
In such a situation, let us know why Musk keeps criticizing Twitter? What does he want to achieve by buying Twitter? Is the motive behind this to make money?
First of all, know what deal Musk has done to buy Twitter?
The world's richest Elon Musk has offered to buy Twitter for Rs 3.37 lakh crore, which the company has accepted. Musk said two weeks ago that Twitter has tremendous potential that he will unlock. With this deal, publicly traded firm Twitter will now become a private company owned by Musk.
Twitter has said that the company has been priced at $54.20 per share, which will total $44 billion. The firm said it would now ask shareholders to vote to approve the deal.
The company's CEO Parag Agarwal said in a tweet that Twitter has a purpose and relevance that impacts the entire world. We are proud of our team and we are inspired to do what is more important than ever.
What changes does Musk talk about when criticizing Twitter?
Musk has more than 80 million followers on Twitter. However, he trolls Twitter from his own platform. Even at a time when he has also become Twitter's biggest stakeholder.
Musk has consistently ridiculed the company and its operations. He tweeted that the W should be removed from the name of Twitter, to make it sound more obscene.
Musk also wrote that if no one comes to Twitter's San Francisco headquarters anyway, the homeless should be brought and settled there.
Experts believe that Musk's tweet suggests that he wants 4 changes in Twitter…
1. Want to make Twitter a hub for free speech
When Twitter banned former US President Donald Trump from the platform, Musk said at the same time that he wanted to improve the platform. Musk describes himself as a big supporter of Freedom of Speech.
On March 25 this year, Musk did a poll on Twitter. The question was whether Twitter is properly following free speech. Musk appealed to the people to vote carefully, because the results of this poll are going to be very important.
In this poll, 70% of the people answered no. The next day, Musk tweeted that Twitter had failed to adhere to the principles of free speech, which fundamentally undermine democracy. So what should be done?
Musk has said that it is very important to have free speech for all. It is very important to tell people what is right and what is their point of view while following the law.
However, experts say that Musk knows that if he takes control of Twitter, he will be able to easily influence the world's biggest Influencers and Blue Tick people. Clearly, Musk wants to harness the soft power of Twitter.
2. Changes to Twitter's Edit Button
Earlier, Musk had asked people on Twitter if they wanted the edit button? That is, a facility by which a tweet can be edited.
There is currently no system to modify any tweet made on Twitter. However, the tweet can be deleted.
The demand for an edit button on Twitter has been rising for a very long time. The voting done by Musk regarding the edit button, so far more than 26 lakh answers have come on it.
The idea of editing tweets was always opposed by the company's former CEO Jack Dorsey. Its critics say that if this feature is given, then people can completely change the meaning of those tweets.
3. Want to make Blue subscription a profitable service
Musk retweeted a tweet from World of Statics on April 9. It contained the names of the top 10 Twitter handles with the most followers.
Musk wrote that most people on this list rarely post and rarely add any content. He further questioned whether Twitter is dying?
On April 9, Musk made a tweet about the Blue subscription. In this, he said that for Twitter Blue, subscribers should be charged a very low payment i.e. $ 4 per month, but it should be taken together for 12 months.
In Twitter Blue service, users are offered some premium services like access to exclusive content and ad free service. In return, users have to take membership of Twitter Blue on a monthly or annual basis.
Comments
Post a Comment