The Fort Worth Press - What will Elon Musk's Twitter look like?

USD -
AED 3.673042
AFN 68.858766
ALL 88.802398
AMD 387.151613
ANG 1.799401
AOA 927.769041
ARS 961.359012
AUD 1.46886
AWG 1.8
AZN 1.70397
BAM 1.749922
BBD 2.015926
BDT 119.312844
BGN 1.749287
BHD 0.376236
BIF 2894.376594
BMD 1
BND 1.290118
BOB 6.899298
BRL 5.515104
BSD 0.998434
BTN 83.448933
BWP 13.198228
BYN 3.267481
BYR 19600
BZD 2.012526
CAD 1.35775
CDF 2871.000362
CHF 0.850342
CLF 0.033728
CLP 930.650396
CNY 7.051904
CNH 7.043005
COP 4153.983805
CRC 518.051268
CUC 1
CUP 26.5
CVE 98.657898
CZK 22.451404
DJF 177.79269
DKK 6.68204
DOP 59.929316
DZD 132.138863
EGP 48.452557
ERN 15
ETB 115.859974
EUR 0.894904
FJD 2.200804
FKP 0.761559
GBP 0.75092
GEL 2.730391
GGP 0.761559
GHS 15.696327
GIP 0.761559
GMD 68.503851
GNF 8626.135194
GTQ 7.71798
GYD 208.866819
HKD 7.790095
HNL 24.767145
HRK 6.799011
HTG 131.740706
HUF 352.160388
IDR 15160.8
ILS 3.777515
IMP 0.761559
INR 83.48045
IQD 1307.922874
IRR 42092.503816
ISK 136.260386
JEP 0.761559
JMD 156.86485
JOD 0.708504
JPY 143.90404
KES 128.797029
KGS 84.238504
KHR 4054.936698
KMF 441.350384
KPW 899.999433
KRW 1332.490383
KWD 0.30507
KYD 0.832014
KZT 478.691898
LAK 22047.152507
LBP 89409.743659
LKR 304.621304
LRD 199.686843
LSL 17.527759
LTL 2.95274
LVL 0.60489
LYD 4.741198
MAD 9.681206
MDL 17.42227
MGA 4515.724959
MKD 55.129065
MMK 3247.960992
MNT 3397.999955
MOP 8.014495
MRU 39.677896
MUR 45.880378
MVR 15.360378
MWK 1731.132286
MXN 19.416804
MYR 4.205039
MZN 63.850377
NAD 17.527759
NGN 1639.450377
NIO 36.746745
NOK 10.482404
NPR 133.518543
NZD 1.603206
OMR 0.384512
PAB 0.998434
PEN 3.742316
PGK 3.9082
PHP 55.653038
PKR 277.414933
PLN 3.82535
PYG 7789.558449
QAR 3.640048
RON 4.449904
RSD 104.886038
RUB 92.240594
RWF 1345.94909
SAR 3.752452
SBD 8.306937
SCR 13.046124
SDG 601.503676
SEK 10.170404
SGD 1.291304
SHP 0.761559
SLE 22.847303
SLL 20969.494858
SOS 570.572183
SRD 30.205038
STD 20697.981008
SVC 8.736188
SYP 2512.529936
SZL 17.534112
THB 32.927038
TJS 10.61334
TMT 3.5
TND 3.025276
TOP 2.342104
TRY 34.124875
TTD 6.791035
TWD 31.981038
TZS 2725.719143
UAH 41.267749
UGX 3698.832371
UYU 41.256207
UZS 12705.229723
VEF 3622552.534434
VES 36.777762
VND 24605
VUV 118.722009
WST 2.797463
XAF 586.90735
XAG 0.03211
XAU 0.000381
XCD 2.70255
XDR 0.739945
XOF 586.90735
XPF 106.706035
YER 250.325037
ZAR 17.38465
ZMK 9001.203587
ZMW 26.433141
ZWL 321.999592
  • BCC

    -7.1900

    137.5

    -5.23%

  • CMSD

    0.0100

    25.02

    +0.04%

  • NGG

    0.7200

    69.55

    +1.04%

  • GSK

    -0.8200

    40.8

    -2.01%

  • RBGPF

    58.8300

    58.83

    +100%

  • SCS

    -0.3900

    12.92

    -3.02%

  • AZN

    -0.5200

    78.38

    -0.66%

  • CMSC

    0.0300

    25.15

    +0.12%

  • BTI

    -0.1300

    37.44

    -0.35%

  • RIO

    -1.6100

    63.57

    -2.53%

  • JRI

    -0.0800

    13.32

    -0.6%

  • RELX

    -0.1400

    47.99

    -0.29%

  • BCE

    -0.1500

    35.04

    -0.43%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • VOD

    -0.0500

    10.01

    -0.5%

  • BP

    -0.1200

    32.64

    -0.37%

What will Elon Musk's Twitter look like?
What will Elon Musk's Twitter look like? / Photo: © AFP/File

What will Elon Musk's Twitter look like?

After months of controversy, Elon Musk is now at the head of one of the most influential social networks on the planet, whose "tremendous potential" he has promised to unleash.

Text size:

What changes can we expect for the platform from the multi-billionaire chief executive of Tesla and founder of SpaceX?

- New boss -

One of Musk's first decisions was to sack Twitter chief executive Parag Agrawal, chief financial officer Ned Segal and head of legal affairs Vijaya Gadde, according to several US media outlets.

The billionaire entrepreneur will have to find replacements for them.

"Musk is in the unenviable position of convincing seasoned executives to work for him at a platform that he has publicly disparaged," said Jasmine Enberg, an analyst for Insider Intelligence.

According to Bloomberg, Musk will assume the role of CEO of Twitter, at least initially.

He'll have to deal with concerned employees. Musk wants to cut the workforce by 75 percent (or about 5,500 employees), according to the Washington Post.

"The mood at Twitter is tense, with employees worried about layoffs," Enberg said. "Product and even engineering teams could face a shakeup."

- Freedom of speech -

A self-described "free speech absolutist," Musk said on Thursday that he wants to turn Twitter into a platform that is "warm and welcoming to all" and not a "free-for-all hellscape."

He has criticized what he sees as aggressive content moderation, which he contends results in the censorship of right and far-right voices.

"Experts we've spoken with have suggested around 600 people at Twitter itself and thousands more with third-party affiliations have worked on platform content moderation," said Scott Kessler of Third Bridge.

"Musk has publicly advocated for these actions to be driven by algorithms instead of people," he added.

The Tesla boss further hinted that former US president Donald Trump, who was suspended from the platform after the attack on Capitol Hill in early 2021, might be allowed to return.

Trump wrote on Friday on his own social network Truth Social that Twitter is "in good hands."

One of Musk's other pet peeves is the issue of fake accounts. He threatened to walk away from the deal over the inauthentic or "bot" accounts but has not revealed what he will do to fight them.

- 'Unpalatable to advertisers' -

Another challenge for Elon Musk is to improve the financial health of Twitter, which faces slow growth, even recording a net loss in the second quarter.

In April, Musk mentioned various options to generate more revenue: boosting paid subscriptions, monetizing the dissemination of popular tweets or paying content creators.

In a letter published Thursday, the entrepreneur called on Twitter advertisers to work together to "build something extraordinary," stressing the importance of welcoming a wide diversity of opinions on the platform.

"Mr. Musk has indicated in his latest publicity stunt that he wants to throw the kitchen sink at Twitter to attract new users," noted Susannah Streeter, senior investment and market analyst at Hargreaves Lansdown.

"But he is going to face a huge challenge of maintaining and building revenue, given that the controversial opinions he appears to want to give more of a free rein to in this ‘global town hall’ are often unpalatable to advertisers," she said.

Some civic groups are also calling on major brands to use their influence to prevent Musk from providing a platform for the most radical speech.

"Considering that ads reportedly account for 90 percent of Twitter's revenue, it is clear that the power to hold Musk accountable, if he rolls back the platform's protections against harassment, abuse and disinformation, lies in the hands of Twitter's top advertisers," Media Matters for America, a nonprofit watchdog group, argued.

A.Nunez--TFWP