Last week, Elon Musk formally accomplished his $44 billion deal to purchase Twitter. But Musk’s path from Twitter super-user to Twitter proprietor and CEO was something however simple.
While he’s lengthy been generally known as a prolific tweeter, it was a shock to most that he was all in favour of exterting a good larger affect on the platform. After quietly buying a majority stake within the firm, he supplied to purchase the entire thing — though it wasn’t on the market.
Twitter’s board appeared hesitant at first, however Musk’s cash was laborious to show down. In a matter of days, the corporate agreed to change its path solely. Then Musk modified his thoughts… a number of instances. First, the deal was “on hold.” Then, he wished out solely. Twitter sued, kicking off an enormous authorized battle in a Delaware court docket. But simply earlier than the trial was scheduled to start, Musk stated he would honor the deal in spite of everything.
Now, there are recent questions on what precisely Twitter will seem like below Musk. He’s proposed quite a few modifications, together with altering Twitter’s moderation guidelines and reversing everlasting bans. He additionally has a brand new plan to cost for verification. These selections are solely simply starting to play out, however have already prompted huge upheaval each inside the firm and on the platform itself. Watch the video above for the complete story.
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