
New air is blowing in his social network Twitterafter it passed into the hands of a magnate on October 27 Elon Musk, which seeks to reduce its staff, increase voluntary assistance, and also convince the European Union of its legitimacy. In a communication that the magnate had last week with the European Commission and in particular with the responsible commissioner for industry, Thierry Breton, assured him that it would continue to comply with the strict EU regulations. about fighting illegal digital content, now that it belongs to the social network. The mogul was referring to the Digital Services Act, which imposes heavy fines on companies that violate it. In addition, as European officials told Reuters, a meeting between Breton and Musk will take place in the coming weeks. Elon Musk’s research on communicating with Brussels comes after Thierry Breton said on Friday that “in Europe, the bird (Twitter symbol) will fly by its own rules.” Its new owner, as soon as the deal was completed on Thursday, October 27, said that now “the bird is flying free.”
As noted by Reuters, Musk’s approach shows how pragmatic he is, although he has said in the recent past that he would like Twitter to have less restrictions on its content. On Thursday, he also fired senior executives, including Twitter chief Parga Agrawal, and vowed to restore user accounts such as those of Donald Trump that were shut down for spreading false information. In addition, the tycoon, who also owns the Tesla car company, said that he plans to dramatically increase the voluntary subscription from $4.99 to $19.99, as well as introduce new services such as user payment authentication. This was reported late on Sunday evening by the electronic magazine Verge. In light of this, those who are certified will be able to become subscribers within 3 months or lose their token, according to a Bloomberg report citing unnamed sources. The workers involved in this project have been informed that if they do not complete it by November 7, they will be fired. After the news broke, Greek-born investor Jason Kalakanis tweeted how much they were willing to pay for the certification. Options range from zero to $15 per month. Elon Musk called the opening “interesting”, as 78.7% of the participants said they would not give a cent.
The tycoon plans to dramatically increase the voluntary social media subscription from $4.99 to $19.99.
Of course, it should be noted that the tycoon’s plans for how to run the social network vary widely. According to sources in The New York Times, the layoffs were to begin on Saturday and managers were to provide lists of workers being laid off. The newspaper also reported that they would be fired before today, November 1, so that Elon Musk would not have to pay a bonus, although he denied this. Finally, according to Bloomberg, some potential shareholders received information that the new owner wants to reduce the staff of 7.5 thousand employees by 75%, but he again denied it.
Source: Kathimerini

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