What Elon Musk did for Twitter to date

Let’s take a more in-depth take a look at what Elon Musk did and what he’ll do after he’s appointed CEO of Twitter

Elon Musk hinted this April month as he likes to purchase Twitter. After a lot time & debate he purchased Twitter on the finish of October month. It for $44bn, and for this he raised $11 bn debt. However the sure level is, he’s so invested in an organization that misplaced $221 million final yr. And the brand new curiosity invoice shall be $1bn. So he should minimize prices.

After he purchased Twitter, he modified his Twitter bio to “chief Twit”. And now he’s the one director on Twitter. After he did that he did huge modifications on Twitter. Let’s take a more in-depth look that.

01. Main job minimize

That is probably the most widespread & largest choice he ever made on Twitter as a director. Twitter had 7500+ workers. Out of which he determined to put off 50% of the workers. In the meantime included the chief govt, Parag Agrawal, the chief monetary officer, Ned Segal, and the top of authorized, coverage and belief, Vijaya Gadde. However workers filed the case for that in keeping with information sources.

He has additionally employed 50 workers from Tesla, 2 workers from his The boring firm, and one worker from Neuralink to Twitter. That’s for the overhaul of Twitter. The information group reported that Tesla employees have been reviewing code at Twitter, as Musk pushes by way of his overhaul plans. Additional, He had determined to not have the choice to work remotely.

02. Verification standing

The Twitter blue tick reveals who’s within the public curiosity confirming that they’re. Should indicated that verification tick will price $8 for a month. That is a part of the Twitter overhaul of the platform’s premium service.

Customers who’re at present verified will retain them free of charge for a restricted time, after which they are going to see their blue test disappear in the event that they don’t pay the payment.

This new look Twitter blue tick launched yesterday(seventh November 2022). For the US, Canada, Newzealand, and Australia. Solely these international locations can be found on Twitter blue tick at present.

03. Content material moderation and account reinstatement

Elon musk promised he’ll no change content material insurance policies till firm will arrange a content material moderation council with “widely diverse viewpoints” and he stated, earlier than the council convenes, no account reinstatement reminiscent of former US president Donald Trump’s account.

04. Deliver vine

To reboot the short-form video website Musk attempt bridging again vine. Two days in the past he posted a ballot on his Twitter as “Bring back Vine?”. As much as 70% of his group member stated sure. So emerged he had ordered builders to get to work, with an end-of-year deadline.

05. Charging video content material

Billionaire Elon musk making an attempt competitor to Onlyfans. In accordance with information Onlyfans subscribers spent $4.8 billion on the location final yr, simply shy of Twitter’s 2021 annual income. Now Musk contemplating charging for video content material.

06. Change dwelling web page

Unregistered guests to Twitter was welcomed by a start-up web page. Musk instructed engineers to redirect logged out guests to the Discover web page, which reveals trending tweets and information tales.

Ultimately, he did huge issues final 7,8 days. He shall be doing many extra issues.

What’s your thought on what he do sooner or later for Twitter?

Souces: The guardian, Fastcompany, livemint, Elon’s Twitter hadle