Twitter has been able to create a lot of buzzes lately. It has a new owner now, named Elon Musk. This change has taken place after several ifs and buts. But a decision has been made.
Now, if we take a look at the previous actions related to this matter. Then we can safely conclude that there have been various changes to the multimillion-dollar deal. At first, it was declared that Musk will buy the company. But later on, he demanded to disclose the number of fake accounts. Then it was declared that he was cancelling the deal. After that, Twitter did question the fact that someone cannot cancel a deal after having a look at some confidential data.
So now the $44 million deal is done. It also avoids Elon Musk from facing a court case, which Twitter was planning to put against the famous billionaire. As a result of the deal, several top executives have been removed from their places. There have also been layoffs to reduce the number of employees.
Now, when it comes to Twitter as a platform, then there will be some changes to the social media platform. The first one is the fact that the blue tick will now cost $8 for a month. So, this is the beginning of a new future for Twitter.
Now, there are also speculations that Elon Musk will be making a lot of changes within the Twitter platform. Some of them can be seen on the official Twitter account of the famous billionaire. All of these changes will be seen shortly.
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Among all this, there have been various speculations that the employees of Twitter are going to sue it for the mass firing act. To remove the spotlight from the mass layoff, there are also complaints from Elon Musk that the advertisers are fleeing the platform.
There is also speculation by Twitter users that there will now be strict rules and regulations that will shape a different future for Twitter. All of these also point out that Elon Musk is desperately waiting for Twitter to start making money.
After the layoffs, Jack Dorsey has also taken the responsibility for the layoffs. The layoffs have come as a setback for several employees. But there is also speculation that after the layoffs, some employees are being requested to come back.
This layoff has mainly affected India. The maximum workforce of the company has been fired in India, and now very few have been retained.
All of these events have given very bold and harsh indications to the entire world. As Elon Musk is the CEO, so he will now be taking a lot of steps towards changing the company. The steps will bring about some more surprises, as has been depicted by the above incidents. But the effects will also be there. The recent rapid steps have not been accepted positively by the public. So, it remains to be seen, what more will make the headlines for the social networking site. After all this, the future is exciting for Twitter.
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