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Elon Musk is said to have officially announced that he will be the CEO of Twitter.
The Sun Online reported Monday night (Oct 31, 22) that he made the statement in a filing after buying the company for $44 billion.
Previously, the 51-year-old Tesla billionaire fired former Twitter CEO Parag Agrawal and other senior officials and changed his bio on the platform to “Chief Twit.”
According to Elon’s SEC filing seen by the outlet, Sun Online said all former members of Twitter’s board no longer hold power.
There are also reports that the 10-year-old father is planning mass layoffs.
He is said to be considering charging Twitter users nearly $240 a year to display a blue tick on their accounts.
The plan includes raising the verification fee from $4.99 a month to $19.999, and users have 90 days to agree to a transaction or lose the checkmark that confirms their account, tech newsletter Platformer reported.
While the world’s richest man has not confirmed the reports, he hinted at the move on his Twitter account, saying: “The entire verification process is now being revised.”
He also flagged a Twitter poll launched Monday (31.10.22) by his colleague Jason Calacanis that asked users how much they would pay a blue tick per month, with options of $5, $10, $15 or “willing to pay”.
Elon also asked if users should “bring back Vine,” the video-sharing app seen as a precursor to TikTok but shut down by Twitter in 2016.
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