Elon Musk bought Twitter – what’s next?

The revelation has caused confusion and even fear. Others are expectant.

Elon Musk bought Twitter. AOP / Janiko Kemppi

Recently declared the richest man in the world Elon Musk made deals on Twitter for a whopping $ 44 billion on Monday. This is one of the largest acquisitions in the technology world.

Stores have raised concerns about what will happen to the service in the future.

Twitter has changed quite a bit in its 15-year history. The service has become a really important channel for sharing opinions and a wide range of information. Twitter has been used to spread false information, conspiracy theories and hate speech, among other things – as well as other social services.

It’s impossible to say how Musk’s ownership directly affects Twitter’s operations, but when the world’s richest man buys one of the world’s largest some services, it’s expected that he wants to influence it as well.

Analyst Brent Leary said For TechCrunch worried about how one man in charge of Twitter is dangerously prone to abuse. Leary fears that Musk may prevent competitors from using the platform and elevate their own advantage over others.

In the worst case scenario, Twitter could become Musk’s own playground, but at best, it could help overcome service problems and make it better with open source, bot busting, and user authentication, as the man himself said.

Analyst Holger Mueller estimates that Musk ‘s return to the software side will be good for Twitter.

“I think we’re going to see a number of software innovations, such as an edit button, wired conversations, and better performance with moderation and audience management,” Mueller told TechCrunch.

Founder pleased

A founding member of Twitter Jack Dorsey has expressed its satisfaction with the deals – or at least the fact that Elon Musk is the party.

However, Dorsey tweeted that she didn’t think anyone should own or run Twitter. In his opinion, the service should be a commodity serving the common good, not a company.

– However, as a solution to the problem of being a company, Elon is a unique solution that I trust. I rely on his mission to expand the light of consciousness, Dorsey tweeted.

Twitter CEO Parag Agrawal comments that it is difficult to say anything more about the future of Twitter in Musk ‘s hands. Verge reports Agrawal to its employees as follows:

– Until the deal is sealed, we do not know which direction this company is going.

However, Agrawal said the deals will not result in redundancies and that he will remain CEO until the deals are completed at the latest. The process can take up to half a year.

Verge says in another article that Twitter employees, after sales news, headed in large numbers to the company’s Slack contact service. Employees were united by uncertainty and one employee described the situation as a classroom where the teacher had not even arrived, and students had to try to study for themselves.

According to Vergen, the general atmosphere was worried and negative. Many were frustrated and the messages ugly.

Do advertisers resonate? Will Trump return?

Musk stressed freedom of speech in a Twitter release.

– Freedom of speech is the foundation of a functioning democracy, and Twitter is a digital city square that discusses issues that are important for the future of humanity.

However, relaxing the service in this respect could have a major impact on cash-generating advertisers. Technology publication TechCrunch estimates that easing moderation could allow bullying, violent content, hate speech, misinformation, and leaking content to spread on Twitter.

TechCrunch predicts that in such a situation, advertisers could even rant about the service.

One detail of the impact of the trades has been highlighted by the former president of the United States Donald Trumpwhich was permanently blocked by Twitter during the conquest of the U.S. House of Congress in January 2021. After a brief speech, protesters gathered at the House of Congress and were allowed to infiltrate.

Trump said To Fox News on Monday that he has no plans to return to Twitter, even if he is given access to it, but will continue to use his own Truth Social channel to reach out to his supporters.

– I’m not going to go to Twitter, I’m going to stay true (Truth), Trump said.

– I hope Elon buys Twitter because he makes improvements to it and is a good man.

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