Elon Musk Twitter takeover dubbed 'storm in teacup' after furious backlash and boycott row

Reading now: 827

Mr Musk secured a deal with Twitter on Monday, April 25, to buy the social media site for $54. 20 a share - valuing the firm at roughly $44 billion ( £35 billion).

Since Mr Musk first expressed interest in taking over the social network, there has been wide speculation over what he will do with it, from making it a subscription service to removing content moderation or getting rid of adverts.

However, James Bore, a tech and security expert and director of Bores Group LTD. told Express. co. uk that it is "extremely unlikely" that Mr Musk will make any major changes to the site.

He said: "I find it extremely unlikely Musk will make any dramatic changes to Twitter. With the size of the organisation, even if he is the sole shareholder companies have a lot of inertia and there will not be any overnight changes. "The most likely thing I can see is an increase in profiling and advertising to increase the profitability at the expense of user privacy.

Read more on msn.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA