[ad_1]
However the tech billionaire has turned down a place on the board of Twitter in a last-minute determination.
Twitter CEO Parag Agrawal confirmed the billionaire’s withdrawal, saying that whereas Twitter was excited to welcome Mr Musk he had suggested “he’ll not be becoming a member of the board”.
This hasn’t stopped Mr Musk from persevering with to counsel adjustments he thinks Twitter ought to make.
In a collection of tweets late on Saturday, the Tesla and SpaceX CEO stated that the corporate ought to embody an “authentication check-mark” as a characteristic of its Twitter Blue premium subscription service, which prices $2.99 a month.
Twitter provides a check-mark brand subsequent to a person identify when the account has been verified “genuine, notable and energetic.”
Mr Musk additionally prompt Twitter make the authentication check-marks of premium subscriber accounts completely different than these granted to official accounts belonging to public figures, for instance.
Such a transfer, Mr Musk stated, would “massively broaden” the pool of verified person accounts and discourage the proliferation of spam “bot” accounts, making them too costly to take care of.
Mr Musk additionally shared concepts for a way Twitter ought to cost for its subscription membership, saying the charge “ought to be proportionate to affordability and in native forex,” and including: “Perhaps even an choice to pay in Doge?” referring to the Dogecoin cryptocurrency.
“And no adverts,” Mr Musk tweeted.
“The ability of firms to dictate coverage is vastly enhanced if Twitter relies on promoting cash to outlive.”
Almost 90 per cent of Twitter’s income in 2021 got here from promoting.
Mr Musk’s newest tweets about Twitter, together with posting polls asking his 81 million followers whether or not Twitter is “dying” and whether or not the corporate’s San Francisco headquarters ought to be transformed right into a homeless shelter “since nobody reveals up anyway,” adopted a tweet earlier within the week asking if he ought to add an edit button on the platform.
Final week, Twitter had disclosed in a regulatory submitting that it entered into an settlement with Mr Musk with the time period as a result of expire at its 2024 annual shareholders assembly.
The transfer got here a day after it was disclosed that Mr Musk took a 9 per cent stake within the firm.
[ad_2]
Source link