August 18, 2022

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Elon Musk plans “vital enhancements” to Twitter after becoming a member of board

Elon Musk, of Tesla and SpaceX fame, is now becoming a member of the Twitter board after turning into the social media firm’s largest shareholder, and has introduced plans to implement “vital enhancements” to the platform.

Musk, 50, was confirmed in public filings firstly of April as the most important shareholder of Twitter with over 9% of the corporate’s shares, value over $3 billion.

Following this transfer, Twitter CEO Parag Agrawal introduced that Musk could be welcomed to affix the board, tweeting “By conversations with Elon in current weeks, it grew to become clear to us that he would carry nice worth to our Board.”

In response to Agrawal, Musk confirmed that he would take up the provide, and was eager to be hands-on in his possession and directorship.

“Wanting ahead to working with Parag & Twitter board to make vital enhancements to Twitter,” he responded, additionally suggesting that the modifications could be coming quick – within the coming months.

Edit button coming to Twitter?

Musk already sparked a frenzy amongst Twitter customers by working a ballot for whether or not an edit button needs to be launched, to permit tweets to be amended after posting.

Unsurprisingly, the outcomes overwhelming favored yay, or ‘yse’ as Musk aptly put it.

One other downside he seems to be eager to deal with is the infestation of crypto spam bots, which hijack verified profiles in an try to trick unwitting customers.

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Elon himself is likely one of the greatest targets, as these accounts will typically impersonate him personally. He dubbed it the “single most annoying downside” on the web site.

He has additionally talked about making Twitter’s algorithm open supply.

Whether or not Twitter really finally ends up creating an edit button or resolving the plague of spam bots stays to be seen, however clearly, these user-focused points are on the high of Musk’s agenda.

CEO Agrawal mentioned that Elon is “each a passionate believer and intense critic of the service which is strictly what we want on Twitter, and within the boardroom, to make us stronger within the long-term.”