6.7 C
London
Wednesday, September 28, 2022

Elon Musk tells Twitter employees his plan to reach 1 billion users

Must read

PhonePe opens 50,000 sqm office in Pune

Leading fintech platform PhonePe announced on Tuesday the opening of its new office in Pune, which will accommodate nearly 400 employees and will be...

Teen dead after gunmen ambushed 5 high school soccer players in Philadelphia, police say

Five high school football players were shot in a deadly "ambush" after a scrimmage in Philadelphia on Tuesday, authorities said. A 14-year-old boy...

londonbusinessblog.com Session Calendar Announcement: Crypto 2022 • londonbusinessblog.com

The crypto industry has appeared to be aging for decades in the past bull run, maturing in places as it progressed into ambitious new...

Stockly raises another $12 million to sell out-of-stock items through other retailers • londonbusinessblog.com

French startup Stockly raises a $12 million (€12 million) Series A round from Eurazeo, Daphni and several business angels. The company bundles the...
Shreya Christinahttps://londonbusinessblog.com
Shreya has been with londonbusinessblog.com for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider londonbusinessblog.com team, Shreya seeks to understand an audience before creating memorable, persuasive copy.

Elon Musk told Twitter employees on Thursday that the company needs to become more like WeChat and TikTok if it wants to reach its goal of 1 billion users.

When asked how Twitter could increase its user base and increase engagement, Musk explained that the app needs to provide more usability and make sure “people are highly entertained and informed,” according to employees who heard the comments during his first. internal hands. He drew a comparison with WeChat, the super-app in China that mixes social media with payments, games and even rides.

“There is no WeChat equivalent outside of China,” Musk said after calling his phone camera 10 minutes late for the virtual meeting. “You actually live on WeChat in China. If we can emulate that with Twitter, we will be a huge success.”

He also complimented TikTok’s algorithm for not being “boring,” saying, “we could similarly refine Twitter to be interesting.” He specifically emphasized the fact that Twitter is better at breaking news. “I think Twitter could be much better at informing people about serious issues,” he said. Asked what Twitter’s success will look like in five to 10 years, Musk said the company “must contribute to a stronger, more sustainable civilization where we can better understand the nature of reality.”

During the conversation, Musk reiterated that he wants Twitter to rely more heavily on subscriptions and payments, suggesting that people should pay to get verified. At one point, he suggested the idea of ​​an “irony” label so that someone could show the intent behind a tweet.

What Musk Looked Like During His First Internal All-Hands With Twitter Employees On Thursday
The edge

He also echoed previous comments about bots and spam, saying that “it must be much more expensive to have a troll army.” Tesla’s CEO previously threatened to cut the deal over the bot issue, prompting Twitter to grant him expanded data access as a show of good faith.

All in all, Musk’s comments to Twitter employees Thursday suggest he will make sweeping changes to Twitter if his offer to take the company private goes through. He said he wants to make the company more financially disciplined, but he’s not completely against “exceptional” employees who continue to work from home. He questioned whether he would remain Twitter’s CEO after the acquisition, but made it clear that he will be closely involved with the product and the business.

Towards the end of the conversation, Musk switched the topic to space, the age of the Earth, and possibly dead civilizations on other planets, saying he hasn’t seen “real evidence for aliens yet.”

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article

PhonePe opens 50,000 sqm office in Pune

Leading fintech platform PhonePe announced on Tuesday the opening of its new office in Pune, which will accommodate nearly 400 employees and will be...

Teen dead after gunmen ambushed 5 high school soccer players in Philadelphia, police say

Five high school football players were shot in a deadly "ambush" after a scrimmage in Philadelphia on Tuesday, authorities said. A 14-year-old boy...

londonbusinessblog.com Session Calendar Announcement: Crypto 2022 • londonbusinessblog.com

The crypto industry has appeared to be aging for decades in the past bull run, maturing in places as it progressed into ambitious new...

Stockly raises another $12 million to sell out-of-stock items through other retailers • londonbusinessblog.com

French startup Stockly raises a $12 million (€12 million) Series A round from Eurazeo, Daphni and several business angels. The company bundles the...

Limit reached – Join the EU Startups CLUB

€147/quarter This option is ideal for companies and investors who want to keep up to date with Europe's most promising startups, have full access...