Quickly check in to Elon Musk’s Twitter takeover to see how things are going. So is Mask going to be the king of Twitter soon?
Well, no, but it does Possible The deal appears to be moving forward again, after Twitter recently provided its ‘full Firehose’ tweets to Musk’s team, allowing them to conduct their own analysis of fake profiles in the app.
According to a New report from BloombergMusk has scheduled a meeting with Twitter staff this Thursday, which will allow Twitter staff to ask Musk directly about his plans for the app.
Such as Bloomberg:
“Elon Musk will speak Twitter Inc. Employees at a company-wide meeting this week, for the first time Tesla Inc. The CEO will meet with employees after agreeing to buy the company for 44 44 billion in late April. The virtual meeting is set for Thursday morning and Mask will take questions from Twitter staff, people said.
As some readers may recall, Mask was originally scheduled to meet with Twitter staff Back in April, After news that he had bought more than 9% of the company’s shares. At the time, Musk had just become Twitter’s largest shareholder, and had not yet begun a takeover push – but after meeting with Twitter Axis and hearing about their plans for the platform, Musk decided he had no faith in the company’s management. , And as a result decided not to meet with staff
Since then, Musk has been constantly criticizing Twitter’s processes, targeting everything from its growth strategies. Defective profile verification processIn it Perceived leftist biasFrom Bot infestation in the app.
The latter became a hot topic of controversy, with Musk posting a comment on May 13 claiming that his Twitter takeover deal was effectively “on hold” until Twitter could further prove that its active users were not affected by bot accounts.
As noted, Twitter finally responded last week when it gave Musk’s team access to its entire Twitter database, essentially forcing them to conduct independent analysis of their own content, in order to disprove its claim that only fake profiles Makes up 5% of its users.
The fact that Mask is now willing to meet with Twitter staff seems to indicate that this may be enough to move the deal forward again. Although this is only a guess, because we do not know what Musk’s team will eventually find, or whether Musk himself would like to believe, by any means, that the number of his fake profiles is low.
Because as Musk has repeatedly said, he is quite confident that it is more than that.
20% fake / spam account, where 4 times what Twitter claims, can be * much * more.
My offer was based on the correctness of Twitter’s SEC filing.
Yesterday, the CEO of Twitter publicly refused to show <5% evidence.
The deal can’t go ahead until he does.
– Elon Musk (lonelonmusk) May 17, 2022
Yet, even if Mask sees fake profiles as high as 5%, that doesn’t mean he can pull out of the Twitter deal, as some have speculated, Twitter has lagged behind its assumption that the SEC has accepted its past performance reporting.
If Musk’s team actually thinks the number is 20%, as Musk says, Twitter could include its identification method in its future reports. But that doesn’t mean Twitter has acted with bad faith in the deal and tried to confuse Mask and company in the process.
Without a clear ill-intention, the deal looks set to go ahead – and now Twitter staff will be able to push the mask on its vague plans for the app, which includes a 200% growth target over the next three years, as well as a By 2028, Twitter’s revenue has increased 5 times.
Musk added that he plans to cut 1,000 roles from the company by next year, which will probably turn it into a special pilot meeting.
But if Mask has any concerns, he’s not showing it, because he keeps tweeting teenage jokes on the app.
Because 69, it’s rude … get it?
It’s really hard to tell whether Musk is a talented dreamer or a sheltered sibling boy – and I guess he could be both.
But his Twitter plan certainly seems ambitious, to say the least.
Maybe we’ll find out more this week.