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Twitter deal for $44B

How Smartphones revolutionize the society

Top 10 Distinctive Applications of Drone Technology

Elon Musk finally wraps up the Twitter deal for $44B

Elon Musk took possession of Twitter with an exceptional tweet and the dismissal of top management of the board, which provides a clear insight into how he will achieve his planned ambition for social media platforms. After months of legal battle and proceedings, Elon Musk finally closed the deal with Twitter for $44bn by taking all charges of the company; he fired the former CEO Parag Agarwal on 28th Oct. 

After completing a successful deal of ownership of Twitter, Elon Musk was tapped for his first tweet after owning a company. His tweet roughly reflects the idea about the future modifications of Twitter. He claimed that the “bird is freed” in a tweet after the deal and gave an idea about the freedom of speech and introduction of advertising on Twitter. Elon confirms that he will make certain changes regarding spam bots and fake accounts on Twitter. He also gave confirmation that people can now freely comment on their opinions and speeches on Twitter without any excessive restrictions and bans but in accordance with the rules and regulations of the respective country. After having free speaking rights, he also revealed that Twitter would come up with multiple options like gaming, advertising, business, shopping, and payments. This integration and modification in Twitter can be the next big thing in all social media platforms. 

In his popular tweet after the deal, Elon clarified that his taking over Twitter is a genuine effort towards a healthy society and the future of civilization. He also revealed that he did not buy Twitter for more money but for humanity and society. The next important thing he underlined in his tweet was that Twitter is welcoming to all people in the world but considers all laws and rules of every country. Musk also ascribed to handling consequences on Twitter. According to some sources and news reports, Twitter is now charging for acquiring blue ticks for Twitter accounts on the app, which significantly impacts the verification process. Twitter is currently planning to charge $19.99 per month to the user for a verification tick. 

Another message from Musk’s tweet is also important for businesses, advertisers, and marketers, “Twitter aspires to become the best advertising platform in the world that strengthens the brand and your enterprise.” These words show that advertising media modifications and updates can assist businesses to grow and brands to know.

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