twitter board of directors
Elon Musk reverses decision to join Twitter's board of directorsin tech watch twitter announced late
Updated on Jan 17,2023
Elon Musk reverses decision to join Twitter's board of directors
in tech watch twitter announced late,last night billionaire tesla and spacex,founder elon musk will not be joining,its board,this isn't about face from just last,week when it was announced musk was now,twitter's biggest shareholder and that,he would be joining the board but now,ceo parag agrawal says musk informed,them he would not take the seat he added,the company will welcome musk's input,whether he's on the board or not but,this interesting dance between the,social media giant and the tech,disruptor may only be just beginning cbs,news tech reporter dan patterson joins,us now for more on all of this,hi dan so do you have any insight into,why musk reversed his decision about,joining the board and also was he,trolling twitter this weekend what was,that about,first of all i have no actual insights,although i really did try uh neither,does twitter and look the key word there,is troll look everything musk says and,does publicly has to be filtered through,a very skeptical eye and the reason for,that is just history look we've seen him,perform very similar actions when it,comes to tesla and other companies he,likes to hype he likes to uh introduce,very interesting ideas to the public,space just kind of a euphemism for he,likes to troll,absolutely so you know we we do know,that he called for an overhaul of,twitter subscription service including,the addition of crypto payments uh you,know tell us what twitter blue is and,whether some of these changes have a,chance of being adopted so first of all,twitter subscription service yeah so,many people have not realized that,twitter does sell a subscription service,it's about 36 bucks a month and it's,just okay uh it's been languishing for,several months and look uh musk,introducing the idea of new features not,a bad idea a twitter blue he has,suggested right now doesn't do a whole,lot it gives you some of the top tweets,it gives you some of the top tweeters in,your network what musk has suggested is,adding that blue verified check mark,very valuable to all subscribers,dropping the price and allowing people,to make payments using cryptocurrency,much like you might be able to do an,instagram very soon i wonder how much,people would be willing to pay for that,little blue check mark that'd be,interesting to see um so over the,weekend though he also suggested musk,suggested that twitter is dying saying,that you know celebrities like taylor,swift who have millions of followers on,twitter never tweet so why would he,suggest the company that he just bought,so many shares in is dying what's what's,the strategy behind that all right well,the strategy is once again remember our,keyword troll uh so musk did buy a,significant portion of twitter he's now,the service's single largest shareholder,and of course the stock popped as soon,as he bought it so he could have just,turned around and sold it it's likely,that he is doing kind of similar to what,we he did with dogecoin and bitcoin and,tesla where he kind of said negative,things and he tried to kind of dance,around uh these these issues uh look,this is musk trolling uh twitter isn't,dying look it's not as big as rival's,facebook,but it is the center of the cultural,zeitgeist news happens on twitter and,musk knows this center of the cultural,zeitgeist dan those are strong words all,right dan patterson thank you so much,for joining us we appreciate your,insight good to see you
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twitter board of directors catalogs
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- Elon Musk FIRES ENTIRE Twitter Board Of Directors AVOIDS Paying Golden Parachute To WOKE Executives
- Musk deletes Pelosi tweet, fires board, names himself CEO in first days at Twitter
- Reaction To Elon Musk Firing The Entire Twitter Board Of Directors
- Elon Musk drops plan to join Twitter's board of directors
- Elon Musk Just DESTROYED The Twitter Board Of Directors!
- Twitter shares drop after Elon Musk declines to join board of directors