Musk to confirm desire to buy Twitter today - report

Thursday, 16. June 2022 08:40

One of the richest people worldwide, Elon Musk, is expected to reiterate his decision to buy Twitter Inc. during his address to the platform's employees on Thursday, according to a report published by the Wall Street Journal.

In a virtual meeting, Musk will talk with Twitter's workers about his plans regarding the option of remote work, which was recently scrapped at Tesla Inc., as well as comment about the platform's future regarding subscriptions and advertising.

Per people familiar with the matter, Musk will argue that Twitter should have various income sources and not rely primarily on advertising. Censorship policy and potential job cuts might also be discussed, the report added.

Related Links: Tesla Inc.Twitter Inc.
Baha Breaking News (BBN) / ND