Register now for FREE unlimited access to Reuters.com"Musk’s offer of $54.20 per share is a punchy 38% higher than when he disclosed his initial stake but is still 30% below the share price highs of last year. This opens a battle for control between new CEO Parag Agrawal, who is trying to engineer a company turnaround, and Musk's view that Twitter will 'neither thrive nor serve societal imperative in its current form’.
"Twitter has also come under increasing criticism for its arbitrary censoring of accounts that don’t adopt a particular political narrative, as well as the arbitrary nature of how it verifies users, and deals with fake accounts, over genuine users. "From customer service to the monetisation of its user base, Twitter has been a serial underperformer for some time. Maybe a shaking up of the status quo wouldn't be a bad thing!
"Whatever your feelings on Musk, he would certainly shake things up, with the only question as to whether he would make things worse or improve them."Reporting by Samuel Indyk; Compiled by Saikat ChatterjeeSign up to our tech newsletter to get the latest news and trends in the global technology industry.
The market says….
Maybe we will get free speech on here finally, liberals and MSM are freaking out because they know truth always wins and now they can’t censor the truth
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