This time, that's it, after a soap opera that lasted for many months, Elon Musk is goodthe new owner of Twitter. The operation cost him a total of $46.5 billion. A sum that he spent via his own capital and through loans.
the bird is freed
— Elon Musk (@elonmusk)October 28, 2022
Elon Musk sells dreams for the future of Twitter
The whimsical billionaire apparently didn't wait to make spectacular decisions. If we believe an article inNew York Times, four senior executives of the platform were reportedly dismissed this Thursday. They are former CEO Parag Agrawal, former CFO Ned Segal, former policy chief Vijaya Gadde and former general counsel Sean Edgett.
According to the American newspaper, we witnessed scenes worthy of a Hollywood film yesterday, with one of these executives who would have been “escorted” out of the company's offices following the announcement.
As for Twitter employees, we also have reason to be worried. According to an article in the Washington Post, the new boss would have mentioned the idea oflay off 75% of the company's staff. This means that only 2,000 employees would remain to manage the platform compared to 7,500 currently.
If such a solution were implemented, it could undermine the service's moderation efforts, as well as the fight against scams, a real scourge on the social network. Technical problems would also be possible. However, Elon Musk recently denied his intention to carry out such a purge, and only time will tell.
For his part, the entrepreneur sells dreams to the general public and promises to create “the universal application”. In short, Twitter could resemble a service like WeChat, with enhanced e-commerce and service functionalities.
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By : Keleops AG
