Friday, 9th June 2023
<To guardian.ng
Search

What’s Musks game plan for Twitter?

By Guardian Exclusive
05 May 2022   |   5:12 am
Tesla CEO, Elon Musk recently acquired Twitter after the board agreed to the takeover bid by the Billionaire, marking a dramatic reversal of its earlier hesitation to accept the offer. Musk reportedly paid $54.20 (€50.8) per share in cash, or $44 billion, to take a 38% stake in the messaging platform. The takeover has however been welcomed with mixed feelings with many expressing fears that Musk may alter the way the platform operates.

Related

27 Feb
TikTok lives, digital gifts, PayPal and cryptocurrency deposits are some of the main methods used by scammers that claim to raise money for survivors of the earthquakes in Turkey and Syria. In this edition of Truth and Fake, we go through the donation scams to look out for.
22 Feb
There is much sympathy in Iran for earthquake victims in Turkey and Syria, but the disaster has also stoked fears. Iranian authorities seem to have learned little from similar past catastrophes in their country.
21 Feb
A US tech blog alleged that the Twitter CEO ordered engineers to increase the visibility of his tweets. Bavaria's media regulator will check whether the social media giant violated a law to protect against media bias.
4 Mar
He's been compared to Alex Jones and Andrew Tate, and is known for spreading Covid-19 misinformation. This week, far-right US influencer Stew Peters posted three misleading stories about the war in Ukraine.
3 Mar
Analysts say the acute shortage of naira notes caused by the currency redesign policy that has crippled Nigeria in the run up to Saturday’s election may have reduced vote buying by political parties.
19 Mar
The UN has recently cut food aid to Rohingya refugees in Bangladesh. Observers fear this will lead to severe health problems, and also increased crime. They say refugees must be allowed to work.
15 Mar
After massive layoffs, experts doubt that Twitter can hold up its security standards and effectively battle fake news. This could put activists worldwide in harms way and endanger lives of people in disaster areas.
14 Mar
The closure of Silicon Valley Bank, followed by Signature Bank, has undermined market confidence and raised recession risk fears. Stocks and equities in Asia dropped amid fears about exposure.
15 Mar
The court dismissed complaints from the Russian oil giant questioning the legality of the takeover. At the time, Rosneft accounted for some 12% of Germany's oil refining capacity.
16 Mar
Shares in global investment bank Credit Suisse fell sharply on Wednesday sending shares plunging in other European banks.
24 Mar
Global stock markets plunged as they opened to the news of the shotgun buyout of Credit Suisse by rival UBS. Swiss authorities had hoped the takeover will calm investors.
20 Mar
As Honduras contemplates switching diplomatic allegiance from Taiwan to China, experts say unofficial ties with remaining allies are stable but it's important to maintain formal relations, amid pressure from Beijing.