Business Hilights

Tracking Nigeria's Headline Business News Online

ICT

Agrawal doubts future of Twitter after $44bn sale to Musk

Chevron
Advertisements
Ad 2
Advertisements
Ad 3
Advertisements

Twitter on Monday (April 25) confirmed the sale of the company to Tesla and SpaceX boss Elon Musk for $44 billion. The sale will now give control of one of the most popular social media platforms to the world’s richest person. Twitter is used by millions of people.
In a joint release announcing the takeover, Musk said: “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.”
However, former CEO, Parag Agrawal told employees that he doubts the future of the platform.
Wikipedia says Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”.
Registered users can post, like, and retweet tweets, but unregistered users can only read those that are publicly available.

Business Hilights is an online news channel conceptualized and structured to report and track on a daily basis; latest developments in critical business sectors to serve as a one stop news gateway for governments, foreign and indigenous investors.