That Elon Musk closed his purchase of Twitter this week has been wall-to-wall information. With the previous government group out, jokes in and Musk now answerable for the social service, an extended chapter in know-how historical past has been written.
Views differ relating to what’s subsequent for Twitter, be it looser content material moderation tips or the return of sure banned customers. What Musk intends to do together with his new firm — a company entity he, variously, needed to affect, take a board seat in, purchase, not purchase, and, finally, purchased — will come clearer within the following weeks and months.
You received’t be capable to miss the protection, given the centrality of Twitter to the information cycle and Musk’s means to maintain the press’ consideration.
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However earlier than we wrap up this era of tech historical past, we’d be remiss to not examine the brand new worth of social corporations with the value that Musk is paying for Twitter. It was properly established earlier than the deal closed that Musk was overpaying for Twitter primarily based on the altering worth of tech shares because the transaction was agreed on.
