Elon Musk has some new ideas that would change the game for Twitter.

Monday, April 11, 2022 | Chimniii Desk

Key Highlights

Musk recently purchased a 9.2 percent stake in Twitter.
According to the US Securities and Exchange Commission, Elon Musk presently owns 73,486,938 shares of Twitter, valued at around $2.9 billion.
Prior to purchasing Twitter stock, Musk accused the company of destroying democracy and violating free speech norms.
Elon Musk's other proposal is to convert Twitter's San Francisco headquarters into a homeless shelter, as the majority of its workers work remotely.
He solicited feedback from his followers on whether they should convert it into a homeless refuge.

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Twitter working on edit button but says idea did not come from Elon Musk | Twitter | The Guardian

In a series of tweets, Musk presented some of his new Twitter ideas and solicited feedback from his followers.

Musk recently purchased a 9.2 percent stake in Twitter.According to the US Securities and Exchange Commission, Elon Musk presently owns 73,486,938 shares of Twitter, valued at around $2.9 billion. With this holding, Musk is now the largest stakeholder in Twitter. Musk previously stated his intention to launch a new social networking platform.

Prior to purchasing Twitter stock, Musk accused the company of destroying democracy and violating free speech norms. "Given that Twitter functions as a de facto public town square," Musk stated, "failure to adhere to free speech rules significantly weakens democracy." Musk now wishes to use his position as the largest shareholder to reform Twitter.

Musk posted some of his ideas on Twitter on Saturday and solicited feedback from his followers. "Everyone who subscribes to Twitter Blue (i.e., pays $3/month) should receive an authentication checkmark," Musk tweeted. Blue already includes a configurable 20-second timer for editing tweets. Additionally, there are no advertisements. The ability of corporations to dictate policy is greatly enhanced if Twitter is reliant on advertising revenue to exist.

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Musk indicated that the authentication checkmark should be distinct from those for "public figures" or "official accounts." Additionally, he noted that the majority of the "top" accounts do not provide information on a consistent basis. Musk added, "The majority of these "top" accounts tweet infrequently and publish scant substance. Is Twitter on the verge of extinction? " He cited Taylor Swift and Justin Bieber as examples.

Elon Musk's other proposal is to convert Twitter's San Francisco headquarters into a homeless shelter, as the majority of its workers work remotely. He solicited feedback from his followers on whether they should convert it into a homeless refuge. "Yes was voted for by 91 percent of the 1.5 million participants.

And then Musk posted another poll on Twitter, asking his followers if they thought the term "Twitter" should be spelled without the "w". However, he did not provide a "no" option this time. Musk previously polled his followers to choose their preference for a tweet edit button. 73% of the 4.4 million participants voted affirmatively.

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