Twitter will be ‘super focused’ on software, design, infosec: Musk

Twitter will be very focused on areas such as software engineering, design, information security and server hardware if the acquisition is completed, Elon Musk said on Friday.

Musk quoting a tweet linked to a Fortune article about job openings at the tech giant growing 263% between April 24 and April 30, highlighted areas the social media major will focus on a once its $44 billion buyout is complete.

The article referenced a tweet from Daniel Zhao, senior economist and data scientist at Glassdoor.

Twitter Inc announced last month that it had reached a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash, in a deal valued at approximately $44 billion. . The company will become a private company upon completion of the transaction. Most recently, Musk secured $7.14 billion in funding from a group of investors, including Oracle Corp co-founder Larry Ellison, to fund the takeover.

Musk shared his ideas for the social media platform and his vision for the future of Twitter. Earlier this week, Musk shared a proposal asking businesses and government agencies to start paying to use Twitter. Musk previewed what could be a possible new revenue line for Twitter going forward on Wednesday in a series of tweets.

Published on

May 07, 2022