Chief Twit – pressnews

Shocking! Elon Musk calls Twitter Blue tick system Bullshit, but prices it at $8pm

2Nov

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Technology

Shocking! Elon Musk calls Twitter Blue tick system Bullshit, but prices it at $8pm

[ad_1] Elon Musk has revealed that the Twitter blue tick verification badge on the platform will cost $8 per month. After days of speculations on whether the blue tick verification badge, a system developed by Twitter to distinguish influential people from fake accounts and pretenders, would become chargeable or not, the Twitter CEO has revealed his plans in a series of tweets confirming that the badge will indeed come at a monthly subscription fee. Some earlier reports had suggested the price to keep the blue tick in future might be as high as $20 (roughly Rs. 1600), Musk has confirmed that it will be kept at a lesser $8 (around Rs. 660). The announcement was received by the netizens with a generally negative reaction, with many stating that this move harms the creators for the platf...

Elon Musk’s Role as ‘Chief Twit’ Knocks $10 Billion From Fortune

[ad_1] In the hours before finalizing his acquisition of Twitter, Elon Musk said he bought the social-media platform to help humanity, not to make more money. In the hours before finalizing his $44 billion acquisition of Twitter Inc., Elon Musk said he bought the social-media platform to help humanity, not to make more money.Indeed, by finalizing the deal, the world's richest person, who now calls himself “Chief Twit,” took an instant $10 billion hit to his net worth, according to calculations by the Bloomberg Billionaires Index. Musk, 51, spent at least $25 billion to follow through on his agreement from April to buy Twitter for $54.20 a share, assuming he kept the external investors who'd committed $7.1 billion to the deal. But six months after Musk announced he would buy the compan...

‘Chief Twit’ Elon Musk To Sack Twitter Employees? Scary? Here Is Truth

[ad_1] Elon Musk is all set to take over the company and employees are running scared. Elon Musk told Twitter Inc. employees on Wednesday that he doesn't plan to cut 75% of the staff when he takes over the company, according to people familiar with the matter. Musk, whose $44 billion deal for Twitter is on track to close Friday, denied the previously reported number in an address to employees at the company's San Francisco office, said the people, who declined to be named because the information isn't public. The billionaire is still expected to cut staff as part of the takeover, causing anxiety among workers. Earlier on Thursday, Musk posted a video clip of himself walking into the offices carrying a kitchen sink. He changed his Twitter profile description to read “Chief Twit.” ...