Musk unveils Twitter strategy ...News

Economy by : (Russia Today) -
The Tesla CEO wants to monetize tweets and crack down on executive and board pay Twitter’s billionaire owner Elon Musk has reportedly promised the banks which helped fund his $44 billion acquisition of the social media company that he’ll crack down on executive and board pay, and develop new tools to monetize tweets. In his pitch to the banks, the SpaceX founder noted that Twitter’s gross margin is much lower than that of peers such as Meta’s Facebook or Pinterest, three people familiar with the matter were quoted as saying by Reuters. Musk reportedly said the company could be run in a more cost-efficient way. He

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