Elon Musk Puts The Twitter Deal On Hold.

-

In a recent tweet, Elon Musk has announced that the $44 billion deal of buying Twitter is on hold citing a recent media report that disclosed the number of bot accounts is lesser than expected.

Recent Tweet Of Elon Musk:

The biggest and most-talked-about deal of the year 2022 may not happen at all.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users."


Bot accounts are fake/spam accounts that automatically post tweets based on certain content. Twitter has a revenue model for these accounts to monetise through ads and other paid offerings, such as Twitter Blue, Super Follows, and more.
The Tweet that Musk has posted clearly indicates that he had expected this number to be higher. The recent tweet pattern of Elon Musk also shows that he was more interested in monetising the service further. On the other hand, there are speculations that suggest that this could be a ploy to lower the original deal.

Will The Deal Happen?

However, Musk clarifies in a further tweet that he is 'still committed to the acquisition', hence there should be nothing to worry about. This interesting turn of events has made it clear that Musk is the only person who gets to decide if the deal will be continued or called off.

Now, this remains to be seen how the things go for Twitter, Elon Musk, and the Twitter board of directors.

If you find it helpful, kindly share it. 


Comments

Post a Comment

If you have any doubts, please let me know.

Popular posts from this blog

One Nation, One Election. Pros and Cons

-
What is One Nation, One Election?  One Nation, One Election  is a proposal under consideration by the Government  to arrange elections for the Lok Sabha  and all state assemblies . It intends to hold these elections simultaneously, either on a single day or within a specific time frame.  Is this a new scheme?  After we got our independence, till 1967 there was only one election that was conducted throughout the nation to determine Lok Sabha and state assemblies. But due to some political disturbances and in some states some government didn't even complete its tenure so this cycle could not continue.  Mostly 3 types of election are conducted nowadays. Lok Sabha Elections. (Member of Parliament) State Elections. (Chief Minister) Municipal Elections. (Sarpanch) Because these elections are held once in every 5 year and their dates do not overlap. So every state has been conducted elections according to its time. Overall, elections are going on somewhere in India every single day.  If t
Read more

OnlyFans - An Unearned Bounty.

-
Image
Only fans, a world  where people are earning by selling their bodies virtually,  has something very dark in it. A lot of teenagers are earning by selling their photos or videos.  A lot of them are in depression and many did suicide.  but the question is why and how?  Well let's find out. How it Started? . This story starts in 2010, when Timothy Stokely takes credit from relatives and start a website called Glam Worship a demo version of Only Fans.  But because of Instagram and Snapchat, it failed. Eventually, as soon as this happen Stokely starts a new website,  which is Cutoms4u , a website where girls can perform cam shows.  So, basically, this website was generating traffic for models for free.  But the website was getting nothing as a business. And this is the place from where everything was going to change. 2016, Stokely create a new website which was the exact copy of Instagram. Only one difference was there. On Instagram you pay by your attention , but on this website, you h
Read more