Elon Musk bought Twitter for $44 billion, so now its users want to leave or tank its value

Share to friends
Elon Musk's Twitter.

Elon Musk officially acquired Twitter within the current day for $44 billion — then promptly fired several executives as shortly as he stepped inside the door. Between his comparatively relaxed perspective in direction of content material materials moderation and his assertions that up to 75 % of Twitter’s workforce will in all probability be decrease, the reign of Musk might be going to carry fairly a number of changes to the microblogging platform.

Understandably, not all of them will in all probability be welcome.

Twitter’s denizens had been apprehensively watching Musk’s looming methodology for months, some little query hoping the deal wouldn’t end up going by the use of. Now that it has, the reactions are pouring in.

Some users are suggesting everyone abandon Twitter for the greener pastures of LinkedIn or really anyplace else. Others are proposing they hold and deliberately tank the site’s value, much like Tumblr after Yahoo acquired it in 2013. Meanwhile, these celebrating Musk’s takeover are taking full good thing about his ensures of a lot much less discerning moderation by tweeting a whole bunch of slurs. This helps make clear the first two reactions.

As Musk acknowledged in a present open letter to advertisers, letting Twitter flip right into a “free-for-all hellscape” would not be excellent. Socially, such a finish end result might have a devastating affect on points like democracy and effectively being coaching. At the very least it would delay some advertisers, which could be further very important to Musk considering selling is Twitter’s main revenue. 

READ ALSO  Power Rangers star Jason David Frank has died at age 49

Yet no matter this, Musk’s statements have clearly emboldened some edgelords of the net who take into account he is their champion of their fight to submit racist tweets with out penalties.

And, actually, exactly what constitutes a “hellscape” is awfully subjective.

Go to Source