Why Twitter bought Elon Musk


Capture 63
Spread the love

Elon Musk is known around the world as a technology entrepreneur. He is also the richest man in the world. He is also very popular on social media, especially on Twitter. He has more than 8 crore 42 lakh followers there. But he does not have an account on social media Facebook. He is unhappy with Facebook.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Especially when it comes to personal privacy issues. Elon Musk bought Twitter with the promise of strengthening personal privacy issues, making Twitter more liberal, open and transparent.

Technology Entrepreneur Mask has always been known as ‘lip-smacking’ or outspoken. From time to time, he did not forget to say a word or two against Facebook. There have been rumors for a long time in the technology world that Elon Musk may bring a new social media to beat Facebook. However, from his ‘whimsical’ post on Twitter, many people had different ideas. However, Musk, who is always eager to take on new challenges, wrote the word ‘yes’ on that Twitter with a profit sign on Monday, then no one is left to understand who owns Twitter now!

According to the BBC, its board of directors has decided to sell Twitter to US billionaire Elon Musk for 4.4 billion. The decision came from a meeting on Monday after several days of talks.
Now the question is, for what purpose did Elon Musk buy Twitter, and what will he do about it? However, he has already made it clear in this regard.

First of all, he wants to stay out of politics. But we have to keep an eye on how steadfast he can be. Because, he has already criticized the US government several times. Meanwhile, the news of Twitter’s purchase has already hit Jeff Bezos, the world’s second richest and technology entrepreneur. Will the Chinese government get additional benefits from Twitter this time? Musk, however, did not respond.

According to the BBC, Elon Musk, one of the richest people in the world, recently bought 9.2% of Twitter shares. Ever since then, there have been rumors that he will buy the whole of Twitter. This time the rumor came true. Musk offered 4.3 billion to buy full ownership of Twitter. Musk had a meeting with Twitter’s board of directors about this. However, Twitter’s board had earlier rejected Musk’s offer.

See also  [FREE] Warner Robins vs Northside Live Stream High School Football

Shares of the company have already risen 4 percent to দশ 50.82 on Twitter sales. However, Elon Musk wanted to pay দশ 54.20 per share. The issue of buying Twitter started in early April. Musk first bought a 9.2 percent stake in Twitter. Ritimafik was then invited to join the board of directors, but he refused. Then, on April 14, Musk suddenly offered to buy the whole of Twitter. He said that he wants to unravel the immense potential of social media.

Musk said a few days ago that he believes Twitter should be more open and transparent. This should be an inclusive area of ​​freedom of speech. He asked his eight and a half crore followers whether there should be an edit button or an editing opportunity on Twitter. In reply, 64% of the people said, ‘Yes, it should be kept.’

It is unknown at this time what he will do after leaving the post. According to the company’s website, he is the CEO of Tesla as well as ‘Technoking’. He is also the chief executive, chief technology officer and chairman of the rocket and spacecraft company SpaceX. Mask is also involved with several other businesses and startups. Parag Agarwal, an Indian technologist, is now the CEO of Twitter. He took over last November in support of Twitter co-founder Jack Dorsey. At the time, Dorsey said, “As the CEO of Twitter, I have a lot of confidence in Pollen. I am deeply grateful for his skill, kindness and spirit. Now is the time for him to lead. ‘

There are differences between Elon Musk and Mark Zuckerberg on various issues
There are differences between Elon Musk and Mark Zuckerberg on various issuesPhoto: AFP
Musk has already criticized Twitter’s management. “I have no confidence in the management,” he told Twitter chairman Brett Taylor.

See also  DFYCouponStorez Review Is Scam? ⚠️Warning⚠️ Don’t Buy Without Seeing this

Twitter’s chief executive, however, has previously said he has no idea what is going to happen. Elon Musk will decide which way the company will go. But if he loses his job, he will get close to মিল 44 million.

The BBC, meanwhile, said in an analysis that Mask was “very interested” in gaining control of Twitter. This is because he clearly says he loves it. On his Twitter he has a record of making controversial, sometimes catastrophic tweets. He once tweeted that Tesla’s shares had collapsed. He also had to face defamation suit for tweeting. However, he did not leave the keyboard.

Many would think that the প্রস্তাব 44 billion offer for a 16-year-old business is something special. Because, compared to the rival Facebook, its business expansion and success is not so much. Therefore, the board of directors was in a dilemma as to whether the proposal of Rs 44 billion would be considered or not. But before Elon Musk bought Twitter, he said he wanted to see the full potential of the potential. He doesn’t want to pocket money from Twitter. Because, he already has a lot of money in his pocket. His field of interest is elsewhere. He wants to give more freedom of speech here.

But regulators around the world are urging social media to take responsibility for its content. Strict policies are also being formulated for this. In particular, the media is being asked to be strict on stopping the spread of fake news, spreading violence and stopping the posting of hate speech. News of Elon Musk’s Twitter acquisition has already begun to sound alarming.

The BBC says Twitter’s core business model is ad-based. Mask wants to change that. His interest is in subscription-based business. He claims that most social media can be used for free. But he will give this service for money. Twitter users will have to spend money if they do not want to share their information with advertisers. However, the business concept of the mask can be called a kind of bet. In addition, the choice of mask cryptocurrency. He may be able to bring transactions to the fore in Bitcoin’s virtual currency.

See also  Oscars 2022 live updates: Who should win and what to expect from the red carpet

Elon Musk is a brand in itself. He is one of the richest and technology entrepreneurs in the world. Organizations like PayPal and Tesla have come to his aid. His charismatic leadership set him apart from others. He always likes to break the tradition and take on new challenges. That’s why he refused to join Twitter’s board of directors in January. He did not want to be burdened with responsibilities. Elon Musk’s biggest strength is his devoted fans. Many like him. He can use it.

Although Elon Musk is a veteran businessman, the task of acquiring Twitter was not easy at all. He had to propose like an aggressive businessman. The proposal was such that there was no room for bargaining or compromise. The BBC adds that a privately owned company is being bought by another businessman. It is not a merger of any large organization. So in this case there will not be too many obstacles from the regulator. However, for the 300 million Twitter users, concerns remain about what the platform will look like as a company led by Elon Musk.

As Twitter users can expect, it will be more liberal under Elon Musk. At least if his promises are firm, Twitter will be seen as more open.

As a result, former US President Donald Trump may get his account back. Trump is currently banned from Twitter. The popular former US president launched his own social media platform called Truth Social after being banned on this platform. However, he could not succeed. Trump would be happy to be back on Twitter.

However, it is difficult to get an overall picture of how Twitter users view the whole issue. Whether Twitter users take a liking to it or leave Twitter, it may soon be seen. And everything depends on Elon Musk’s decision.

According to the BBC, Independent, New Yorker, Wall Street Journal. Mintu


Spread the love

Scoopearth Team
Hi This is the the Admin Profile of Scoopearth. Scoopearth is a well known Digital Media Platform. We share Very Authentic and Meaningful information related to start-ups, technology, Digital Marketing, Business, Finance and Many more. Note : You Can Mail us at info@scoopearth.com for any further Queries.