Musk has said he believes in remote working. He says it’s important to him. Because he wants his employees to feel like they’re not just working for him, but also for themselves.
Musk to Get ‘Full Access’ to Twitter’s Data — But Will It Give Him Answers on Fake Users? | Alexandria
Twitter’s troubles are not likely to stop there. While the company may be trying to appease shareholders, it also needs to keep users happy. If Twitter is going to survive, it will need to figure out what kind of product it wants to be. The company is already working on ways to bring back old features like lists and direct messages. But if Twitter wants to stay relevant, it might have to rethink its current strategy.
In response to Musk’s accusations, Facebook’s head of global affairs, Nick Clegg. told reporters at an event in Berlin that the company had not misled investors about the number of fake accounts on its platform. He added that the company had taken steps to prevent the spread of misinformation on its site.
According to TechCrunch, Elon Musk wants to be able to view all public tweets at any time. He believes this information could help him understand why Twitter is struggling with fake accounts. According to the report, he also wants to be able to remove them if need be.
Twitter’s reported move could help its deal to buy the company get back in motion. but the microblogging site will likely face further problems if Musk is right about bot activity. If he is correct, then the real number of bots on the service may be higher than before thought. causing daily active users to be revised upwards, eventually adding pressure on ad revenue.
Musk had already tried to get out of the deal before the SEC investigation began. He first offered to sell just 15 percent of his stake in the company, but then upped the ante to 30 percent. But he has since backed down, saying he doesn’t want to be a “litigation magnet” and that he wants to focus on SpaceX instead.
Musk had hoped to buy out Tesla shares at $420 per share. But the deal fell apart after shareholders sued him for misleading investors about the company’s prospects. If the deal goes through, Musk will still own around 40 percent of the company, but he’ll owe the SEC a $1 billion fine. A federal judge recently ruled that Musk misled investors about the company’s future, so he may also face criminal charges.
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