Now Musk takeover Twitter should we be expecting a super app
The world's richest man, and the CEO of electric car maker Tesla has finally takeover of Twitter. The Billionaire tweeted on his account some hours back that " the bird is freed," in what appeared to be a reference to the deal closing.
Musk taken ownership of the social Media Twitter has resulted in several high-level executives, including Chief Parag Agrawal, fired
Agrawal and Segal were escorted out of Twitter's headquarters in San Francisco after the deal was completed, as reported.
Meanwhile, Bret Taylor, who has been president of Twitter since last November, has updated his LinkedIn profile to show that he is no longer employed.
However, the New York Stock Exchange said the shares of the social media platform will be delisted on Friday.
Let hear the reason why Musk choose to bought Twitter....
Musk said he bought the social media platform to help humanity and wanted "civilization to have a common digital public space." not for making money.
He said he plans to clean up spam accounts and keep the platform a place for free speech.
Now it seems that with Musk at the helm, many people could be invited onto the platform with bans on hate speech or misinformation.
He also promise to bring back former US President Donald Trump that was banned from Twitter, but the former president said he's not going to reactivate the account it seems he already have its own social app "Truth social."
Recently, the founder of Tesla said that Twitter "is a long-awaited asset with incredible potential, although of course I and other investors are paying too much for Twitter right now."
"To be honest, it was a bit of a mess from the start...I came onto Twitter in a way that really put Twitter on the table...then came the public anger and the fights about the problems I was supposed to solve."What is known changes." said The CEO of Tesla and a free speech absolutist
Journey to the agreement
Elon Musk's early investments in Twitter initially escaped public attention, and many doubt over whether it possible or not. By January, he began producing common stock for which he bought a 5% stake in the company's share.
In April, DME revealed him as Twitter's largest shareholder, and at the end of everything he finally struck a deal to buy the company for $44 billion.
In July, he said he no longer wanted to buy the company. But Twitter says the billionaire is legally bound by the purchase and ultimately sued to honor the deal.
A breath of fresh air before the beginning of October relaunches its project to take control of the company, subject to the suspension of legal proceedings.
Finally when he legally purchase the social media app Twitter, he said is going to staff plenty staffs and those employed should be expecting work ethic that is extreme.
Further said he sees Twitter as leading application in the future, he mentioned some of the things Twitter will look like able to transfer and received money through the app, online shoppings and ride-hailing through the platform.
Well, let see how the future will hold with Musk.