Musk Twitter deal: Elon Musk will talk to Twitter staff, virtual meeting for the first time since the announcement of the purchase

Posted on 14th Jun 2022 by rohit kumar

Tesla and SpaceX owner and world's top industrialist Elon Musk is scheduled to hold a meeting with Twitter staff on Thursday. This will be his first meeting with employees and executives of the leading microblogging site since he announced it was buying Twitter in April.

 

There has been a long-standing impasse over the Musk-Twitter deal and the number of fake accounts on this social media site. Twitter staff also have many doubts about Musk. Many employees also opposed the deal. In such a situation, by organizing this virtual meeting, Musk can remove these doubts and reveal many things about the deal.

 

According to sources associated with the Twitter deal, this is the first time the Tesla CEO will meet after the announcement to buy Twitter for $ 44 billion at the end of April. Media reports said that Musk will address Twitter staff this week. It is believed that this meeting will be held on Thursday morning according to US time.

 

CEO Parag Agarwal made many changes to Twitter

 

Its CEO Parag Agarwal has also made several changes to Twitter after Musk's offer to buy. He also announced several measures to cut costs of the company since the announcement of the purchase deal.

 

The issue of spam accounts is constantly being raised

 

Musk continues to raise the issue of Twitter's spam account. Recently, he had questioned whether Twitter's user base i.e. the number of users is as big as its claim? It seems that knowing the number of actual users of Twitter is a big problem.

 

was given the warning to cancel the contract

 

Regarding this problem, Musk even warned Twitter in the past that if he was not provided with detailed data of fake or fake Twitter accounts, he would cancel the $ 44 billion deal to buy this social media platform. can. After the deal in April, he had told about postponing the deal in a tweet in May. The reason behind this is the pending information of fake or spam accounts on the microblogging platform.

 

Musk had said that this calculation shows that the number of fake or spam accounts on the platform is less than five percent. After this, he made another tweet. In this, he said that he was still committed to the deal. However, it is not clear how much of the risk associated with spam and fraudulent accounts is in keeping the deal going. Musk, a strong advocate of transparency in Twitter, has been talking about ridding the social media platform of fake accounts since its inception.

 

Twitter shareholders have filed a case against Musk

 

Earlier, Twitter shareholders had also sued Elon Musk. Shareholders allege that because of Musk, the share price is continuously declining. Musk is accused of deliberately lowering share prices to relieve him of a $44 billion deal and to impose a new price on Twitter. Elon Musk is also accused of making several suspicious statements regarding the deal.

Other news