Musk Plans to Meet with Twitter Workers This Week, as Takeover Deal Continues to Progress

Fast check-in on the Elon Musk Twitter takeover, to see how issues are going. So is Musk set to turn out to be the King of the Tweets any time quickly?

Nicely, no, however it does doubtlessly seem that the deal could also be progressing as soon as once more, after Twitter lately provided Musk’s team with its ‘full firehose’ of tweets, as a way to allow them to conduct their very own evaluation of faux profiles within the app.

In keeping with a new report from Bloomberg, Musk has scheduled a gathering with Twitter workers for this Thursday, which is able to give Twitter workers an opportunity to ask Musk immediately about his plans for the app.

As per Bloomberg:

Elon Musk will tackle Twitter Inc. workers at a company-wide assembly this week, the primary time the Tesla Inc. chief government officer will meet with workers since agreeing to purchase the corporate for $44 billion in late April. The digital assembly is ready for Thursday morning, and Musk will take questions from Twitter workers, the individuals mentioned.”

Which ought to go properly – little question Twitter workers can be utterly open to listening to from the person who’s been publicly criticizing their colleagues and policies since launching his takeover push for the platform some 9 weeks ago.

As some readers might recall, Musk was really scheduled to satisfy with Twitter workers back in April, following the information that he had purchased more than 9% of the company’s shares. At the moment, Musk had simply turn out to be Twitter’s greatest shareholder, and hadn’t launched a takeover push as but – however after assembly with Twitter execs, and listening to their plans for the platform, Musk determined that he had no religion within the firm’s administration, and opted to not meet with workers consequently.

Since then, Musk has regularly criticized Twitter’s processes, taking purpose at all the things from its progress methods, to its flawed profile verification process, to its perceived left-wing bias, to the infestation of bots in the app.

The latter has turn out to be a key level of rivalry, with Musk posting a comment on May 13th which claimed that his Twitter takeover deal was successfully ‘on maintain’ until Twitter might present extra proof that its energetic consumer depend was not dominated by bots accounts.

As famous, Twitter lastly responded to this last week, when it gave Musk’s crew entry to its full tweet database, basically placing the onus on them to conduct their very own, impartial evaluation of its content material, as a way to disprove its declare that pretend profiles solely make up 5% of its customers.

The truth that Musk is now keen to satisfy with Twitter workers looks as if an indicator that this might have been sufficient to get the deal shifting once more. Although that’s solely hypothesis, as we do not know what Musk’s crew will ultimately discover, or whether or not Musk himself will select to consider, in any means, that its pretend profile depend is that low.

As a result of as Musk has repeatedly said, he’s fairly assured it’s greater than that.

But, even when Musk does discover that pretend profiles make up greater than 5%, that doesn’t imply that he can get out of the Twitter deal, as some have speculated, with Twitter falling again on its estimates which were accepted by the SEC in its previous efficiency reporting.

If Musk’s crew really discovered the quantity to be 20%, as Musk says, Twitter might incorporate its detection methodology into its future reviews. However that also wouldn’t imply that Twitter has acted in unhealthy religion within the deal, and sought to mislead Musk and Co. within the course of.

With out clear sick intent, the deal appears more likely to push forward – and now Twitter workers will have the ability to press Musk on his vague plans for the app, which embody focusing on 200% progress over the subsequent three years, in addition to a 5x enhance in Twitter income by 2028.

Musk has additionally mentioned that he plans to chop 1,000 roles from the corporate over the subsequent yr, which is able to probably make this a very testy assembly.

But when Musk has any issues, he’s not exhibiting it, as he continues to tweet juvenile jokes within the app.

As a result of 69, it’s impolite… get it?

It’s truthfully exhausting to inform whether or not Musk is a genius visionary or a sheltered frat boy – and I assume, actually, he may very well be each.

However his Twitter plans actually appear bold, to say the least.

Possibly we’ll discover out extra this week.

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