TECHNOLOGY

Musk finally completes the sale of Twitter and is on a firing spree

The day has finally come after months of infuriating remarks, legal trouble, and numerous controversies the wealthiest man in the world Elon Musk now has the entire platform Twitter in his control after paying $44,000 million obviously.

This was confirmed via Elon Musk himself via his Twitter account this morning “The bird is freed,” he wrote.

The billionaire has entered the firm in the traditional Succession fashion, dismissing the CEO Parag Agrawal and the CFO Ned Segal, and the legal officer, Vijaya Gadde. They had to be removed from the Twitter offices, accompanied by the security team.

It’s not looking like the bleeding will end there. Documents aimed at potential investors that were revealed in The Washington Post told that the South African businessman’s plan was to cut as much as 75% or more of his employees after the sale was concluded.

What changes will Musk introduce to Twitter?

Musk has pledged to implement significant changes to the way the platform functions. In addition to reducing the cost of employees through layoffs, the company has also announced plans to relax its approach to content moderated (even returning to bans on specific accounts) to combat the growing use of bots and build a “Super App” that pure WeChat can manage to integrate payment, e-commerce and messaging.

At present, Musk is expected to remain as CEO of Twitter until he selects an entirely new group of managers.

If Musk is the brave savior of Twitter or is more likely to make it an even worse place to be the future will only tell. At the moment we should at least take a moment to enjoy the memes we’re leaving.

Show Us Some Love ❤️
slickmagnet

Slickmagnet delivers day to day updates related to Technology, Business, Gadgets, Mobile and Marketing and covering all Tech updates for you.

Recent Posts

How will Video Game Technology provide jobs by 2024?

Video game technology production is healthy and will require the incorporation of specialists to meet… Read More

2 months ago

When is the best time of year to look for work?

Finding a job is a challenging task. Persistence, patience, and determination must be in place… Read More

3 months ago

Top 11 skills that will dominate the job market in 2024

Technology plays an increasingly important role in companies, whatever their sector of activity. Do you want… Read More

3 months ago

9 Onboarding Metrics to Track at Your Organization

Introducing a new employee to the workplace is a time of joy and excitement both… Read More

3 months ago

Microsoft 365 Copilot: What Is It & How To Use It?

It is a race to use AI to improve work processes, and it is on the… Read More

3 months ago

Major Advertising Trends in 2024: Retail Media and Generative AI

Nine major advertising trends in 2024 show that, despite the hectic international panorama with two… Read More

4 months ago