Elon Musk Buys Twitter: The world’s richest person Elon Musk has bought micro-blogging website Twitter. Now a new era of Twitter is about to start. Elon Musk has also announced many big changes in Twitter.
Elon Musk has announced the purchase of Twitter for $ 44 billion (about Rs 3368 billion). The board of Twitter together accepted the offer of Elon Musk and this deal will be completed this year. After the completion of the deal, Twitter will become a private company and its owner will be the richest person in the world, Elon Musk.
For the past few days, talks were going on inside the board of Twitter on the offer of Elon Musk. Actually, Elon Musk believes that Twitter has to be made private for free speech and that is why he has decided to buy Twitter.
Just days after buying a 9% stake in Twitter, Elon Musk said that Twitter would have to be private for free speech. With so many stakes, he would not be able to make any significant changes in Twitter, so he offered to buy Twitter.
Interestingly, some time ago Elon Musk bought a 9% stake in Twitter, but now Elon Musk will have 100% stake in Twitter Inc. Let us tell you that he has bought Twitter at the rate of 54.20 dollars (about Rs 4148) per share.
Elon Musk’s first tweet after announcing the purchase of Twitter…
Even though it will take some time to complete the process of this deal, but now Elon Musk can be called the owner of Twitter. That is, this is Elon Musk’s first tweet after becoming the owner of Twitter.. In this tweet, he has posted a screenshot of his statement, which starts with Free Speech …
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6
— Elon Musk (@elonmusk) April 25, 2022
CEO Parag Agarwal’s tweet on the company being sold…
Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. https://t.co/5iNTtJoEHf
Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. https://t.co/5iNTtJoEHf
— Parag Agrawal (@paraga) April 25, 2022
For the past few weeks, Twitter has been considering an offer from Elon Musk. After the consent of the board, it has now been decided to sell Twitter. Elon Musk has said about a big change in a statement.
Twitter’s new ‘owner’ Elon Musk’s statement…
After the Twitter deal was finalized, Elon Musk has said that free speech is necessary for democracy to function. Musk has said that he wants Twitter to be the best space ever with product enhancements and new features.
Musk has said that Twitter’s algorithm will be open source so that people can be trusted. According to Elon Musk, now all humans on Twitter will be authenticated and bots will be completely eliminated. Elon Musk believes that bots on Twitter are one of the big problems of this platform.
Will Parag Aggarwal leave and Jack will come back?
Jack Dorsey made Parag Agarwal the CEO at the time of his exit from the company. Parag Agarwal is also included in the board. Jack Dorsey also took an exit from the board of Twitter.
Many people on Twitter are demanding that the company’s co-founder Jack Dorsey be made the company’s CEO again. Elon Musk and Jack Jorsey have been supporting each other from time to time, so it cannot be denied that Jack Dorsey should be made the CEO of Twitter again in the coming times.
After Musk’s purchase of Twitter, now a new CEO will be made or whether Parag Agarwal will remain in Twitter, it is not clear at the moment. No change in the CEO position is expected till the completion of the sale process.
The story of Twitter’s selling changed rapidly…
Initially, many big stakeholders of Twitter rejected Elon Musk’s offer. But later the board liked this offer. Now Elon Musk has bought Twitter (the sale process will be completed by this year). However, it is not yet clear whether the current CEO Parag Agarwal will continue to be the CEO of Twitter or whether any changes will be made here as well.
After the purchase, Musk said, his fiercest opponents will also be on Twitter …
Elon Musk has written in a tweet that he hopes that even his fiercest opponents will be on Twitter, because this is what free speech means.
Significantly, Elon Musk’s entry into Twitter began last month when Musk asked users on Twitter whether he should launch a new social media platform as Twitter does not believe in Freedom of Speech. Musk also talked about making Twitter open source.
On Elon Musk’s poll, users said that they should buy Twitter instead of bringing new social media. The Tesla CEO also complained that Twitter suppresses the right to freedom of speech.
Get ready for big changes in Twitter…
Elon Musk has been talking about free speech for a long time. Therefore, it is believed that Musk will make major changes in Twitter as soon as he buys Twitter.
From open sourcing Twitter’s algorithm to the edit button, may be announced soon. Not only this, the big Twitter accounts that have been banned can also be activated.
Many experts believe that Elon Musk can reactivate the account of former US President Donald Trump as soon as he buys Twitter. Let us tell you that Donald Trump’s account has been banned for a long time.
All ‘humans’ will be authenticated, will Twitter eliminate bots?
Elon Musk recently said that if he buys Twitter, he will fight to eliminate bot accounts from Twitter. Not only this, he also said that every user of Twitter will be authenticated.
However, on this statement of his, more tech experts believe that it is impossible to do this on social media. Many times big disclosures are also made from bot accounts and anonymous accounts, so even if they are tightened, then in a way it will also be a violation of free speech.
Over the past several years, Musk has frequently questioned Twitter for censoring certain voices, including former US President Donald Trump.
Will Jack Dorsey return to Twitter?
Twitter co-founder Jack Dorsey has been supporting Elon Musk from time to time. Similarly, Elon Musk has also been supporting Jack Dorsey. Recently, Musk raised the question on the Twitter board, then Dorsey also took his line. Apart from this, when Elon Musk said that Twitter should be open sourced, Dorsey also agreed in a way while retweeting his tweet.
Now many people on Twitter are also demanding that Jack Dorsey be made the CEO of the company again.
Change, change and change…
In fact, there was a time when the platform accused Musk of violating Twitter’s terms and guidelines for tweeting information related to the corona virus.
Earlier this month, the company said it would first test the edit option with Twitter Blue users. Musk can certainly help release the edit button early.
Another area where Musk is expected to work is in removing spam accounts or spambots. According to Musk, this is the worst thing about Twitter.
In the past few years, scammers tried to deceive people by using fake accounts to give them cryptocurrency.
In the year 2020, Musk’s account was one of the high-profile Twitter accounts that were hacked to advance the bitcoin scam.
With Musk now the owner, we may see a more open-source Twitter account as well. It is already an open-source platform to some extent because some of its technology is already available in the public domain. But during a recent TED talk, Musk said that Twitter should be more open source.
