On April 25, 2022 billionaire Elon Musk clinched the deal to buy microblogging platform, Twitter. The deal was closed at 44 dollar billion.
Announcing the deal, Elon Musk tweeted: "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," and added "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential - I look forward to working with the company and the community of users to unlock it."
Twitter is a very popular platform not just for social networking but also to get a first hand idea on what’s happening around you. From politicians to actors, Twitter platform connects all. Twitter, just like every other social media, can be used for education, current affairs and news. There are several accounts which can be of immense interest for school going kids.
It is therefore very important for kids to understand the latest developments on Twitter.
Here are the answers to a few common questions related to the deal:
What is Twitter?
Twitter is an American microblogging and social networking service which is widely used across countries. Each user, who has an account on Twitter (twitter.com) can post or "tweet" anything within 280 characters.Users can tweet, re-tweet, like and comment on the tweets of fellow Twitter users.Based on the relevance and popularity of the account, Twitter gives additional verifications to certain account holders. These account holders have a special blue tick alongside their profile names.Who created Twitter?
Twitter was created by Jack Dorsey, Noah Glass, Biz Stone, and Evan Williams in March 2006.From 2008-2010 Evan Williams led the company as the CEO; Williams was followed by Dick Costolo from 2010-2015. In 2015 Jack Dorsey again returned as the CEO and held the position till November 2021.In November 2021, Jack Dorsey stepped down as the CEO of the company.Who is Elon Musk?
Elon Musk is the world's richest person, according to Forbes magazine. His estimated net worth is $273.6 billion. An entrepreneur, investor, media proprietor and business magnate, Elon Musk co-founded and leads Tesla, SpaceX, Neuralink and The Boring Company.Who led Twitter till now and who will lead it ahead?
In November 2021, Twitter's Chief Technology Officer (CTO), Parag Agrawal was named CEO. He took over from co-founder Jack Dorsey. As of now, it is not clear who will lead Twitter.For how much did Elon buy Twitter?
Twitter on Monday announced it has accepted billionaire Elon Musk's bid to takeover the microblogging company for $44 billion.Why did Elon Musk buy Twitter?
Elon Musk has bought the digital platform with a promise to reduce censorship. He has always criticised the platform for its content moderation policy, interfering way too much with user’s freedom of speech and has always voiced that Twitter should be a platform for free speech.What changes can one expect in Twitter?
Until the recent takeover, Twitter was a public company since its 2013 initial public offering.Going with the tweets and polls, Elon Musk had held in the past, it is expected that Twitter may soon get an edit button, the company's algorithm may become an open source model and a platform for free speech. In the past, Twitter had deleted a number of accounts, including that of Donald Trump. It is being anticipated that with this takeover the suspended Twitter accounts may get back to the platform. As per a report, Musk has said that he is not buying Twitter for the money, but he has signaled that he will be adjusting the company's revenue model to focus less on ads, potentially putting more of an emphasis on subscriptions.What are the other social media networking services? Are any of these indigenous to India?
There are several social media networking services apart from Twitter. The popular ones among them are Facebook, LinkedIn, YouTube, Pinterest, Instagram and Quora.Among the social media apps exclusively made in India are Koo, ShareChat, Chingari, and Josh.
