As one would expect, Elon Musk’s acquisition of Twitter has caused quite a stir. Musk has been selling his Tesla shares at regular intervals, suggesting he has been preparing for this transaction for some time. But the most recent one happened days after his massive $44 billion purchase. The CEO
In his short time as CEO, Elon Musk has already made an impact. In addition, a leading media outlet has recently reported that during Elon Musk’s first week as CEO of Twitter, user growth reached a record high. As Elon Musk, co-founder of Tesla has acquired control of Twitter, one
A newer version of Twitter Blue checkmark, its premium service, seems to have begun rolling out just a few days after Elon Musk, the recently appointed CEO of Twitter, proposed changes to the way the social media network validates user accounts, including charging $8 per month for the privilege. The
Musk said that anybody could purchase one of these badges from a third party. One user claimed Twitter staff were selling verification for $15,000 and above. Elon Musk’s recent tweets have exposed a scam employing Twitter verification badges. Verification badges on Twitter are a sign of respect and admiration. Through
Reports of the widespread layoffs emerged on Twitter’s website, along with photos. Jack expressed appreciation for everyone who had a hand in making Twitter so far. Many of the laid-off Twitter workers began tweeting about their experiences and feelings after Elon Musk said the layoffs were necessary to reduce operational
An Ad pause was verified by Audi and Cheerios manufacturer General Mills on Thursday. The makers of Oreos and Pfizer apparently stopped spending money on Twitter. Following Elon Musk‘s takeover, an increasing number of companies have stopped spending money on Twitter advertisements, including the carmaker Audi and General Mills, the
Several advertisers have threatened to pull their money if Trump’s ban is revoked. GM is a direct rival of Elon Musk’s Tesla electric vehicle startup. Twitter has come under assault from companies and current advertisers in the days after Elon Musk seized control of the company’s headquarters. If Elon Musk
Bluesky, a decentralized social network, is aiming for the beta test. Bluesky would act as a robust and transparent norm for public conversation. Jack Dorsey, the co-founder and former CEO of Twitter is beta-testing a new social networking platform. Dorsey had announced that his decentralized social service Bluesky was calling
Binance first made its intentions to support Musk’s purchase of Twitter known in an SEC filing in May of this year. Musk reportedly sealed the deal to acquire Twitter for $44 billion late on Thursday. Binance, the biggest cryptocurrency exchange in the world, stated that it has invested shares in
CZ pledged to support the offer when it was made public in April. Earlier this year, Musk discussed with other cryptocurrency billionaires how they may decentralize Twitter. Binance is most likely to honor its commitment to contribute $500 million to Elon Musk’s attempt to acquire Twitter for $54.20 a share.
