Elon Musk reached a deal to acquire Twitter yesterday for US$44-billion when the platform agreed to his offer of US$54.20 a share in cash. Twitter will now become a privately held company.
Here's what you need to know about the $44-billion deal ⬇️
tgam.ca/36Nvmqb
Here's what you need to know about the $44-billion deal ⬇️
tgam.ca/36Nvmqb
Why does Elon Musk want to buy Twitter?
The Tesla CEO, an avid Twitter user, has previously expressed his criticisms about Twitter’s “failure to adhere to free speech principles" and wants to enhance the platform with new features.
tgam.ca/36Nvmqb
The Tesla CEO, an avid Twitter user, has previously expressed his criticisms about Twitter’s “failure to adhere to free speech principles" and wants to enhance the platform with new features.
tgam.ca/36Nvmqb
Mr. Musk is buying Twitter personally. It’s not clear how he might mesh the social-media platform with his other businesses.
tgam.ca/36Nvmqb
tgam.ca/36Nvmqb
How might Twitter change under Elon Musk?
Mr. Musk’s plans for Twitter’s future include changing content-moderation rules and shifting the company’s algorithm into an open-source model where users can see how certain posts come up in their timelines.
tgam.ca/36Nvmqb
Mr. Musk’s plans for Twitter’s future include changing content-moderation rules and shifting the company’s algorithm into an open-source model where users can see how certain posts come up in their timelines.
tgam.ca/36Nvmqb
How has the bid affected Twitter’s stock price?
Twitter shares have been rising since Mr. Musk declared his interest in the company on April 14. On Monday, Twitter shares jumped US$2.77 to US$51.70 on news of the deal.
tgam.ca/36Nvmqb
Twitter shares have been rising since Mr. Musk declared his interest in the company on April 14. On Monday, Twitter shares jumped US$2.77 to US$51.70 on news of the deal.
tgam.ca/36Nvmqb
How might this work with Elon Musk’s other businesses?
“From a branding perspective, it’s great because Twitter is like an advertisement channel for all his product launches... He can sell more Tesla cars and SpaceX tickets,” says Prof. @MariamHu.
tgam.ca/36Nvmqb
“From a branding perspective, it’s great because Twitter is like an advertisement channel for all his product launches... He can sell more Tesla cars and SpaceX tickets,” says Prof. @MariamHu.
tgam.ca/36Nvmqb
How are Twitter employees reacting to the potential deal?
Some Twitter employees have expressed worry and frustration about what’s been described as a hostile takeover, according to reports.
tgam.ca/36Nvmqb
Some Twitter employees have expressed worry and frustration about what’s been described as a hostile takeover, according to reports.
tgam.ca/36Nvmqb
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