April 25, 2024

Business

Musk reveals Twitter 2.0, says top software aces joining company

IANS | November 27, 2022 11:19 AM

Elon Musk on Sunday revealed his Twitter 2.0 -- The Everything App, saying that the new user signups are at an all-time high and the company is now actively recruiting.

Musk, who sacked more than half of Twitter's workforce, said that "world-class software aces are joining Twitter".

Sharing some company slides he shared with Twitter employees, the world's richest man said the next-gen Twitter will focus on advertising as entertainment and video.

"We're recruiting. User active minutes are at an all time high and monetizable daily active users (mDAUs) have crossed a quarter-billion mark, " Musk informed.

"Hate speech impressions are lower, reported impersonation spiked and then fall, " he added.

After relaunching Twitter 'Verified' with Blue badge for $8, Musk will now bring encrypted direct messages (DMs) and long-form tweets on the platform.

He said that the goal is a "trusted digital town square, where a wide range of views are tolerated, provided people don't break the law or spam".

"For example, any incitement to violence will result in account suspension, " he stressed.

Musk earlier said that he had reinstated former US President Donald Trump back on the platform, as Trump did not violate any law and the micro-blogging "platform must be fair to all".

Based on a poll, Twitter CEO on November 20 had announced that former US President Trump was allowed to rejoin the micro-blogging platform.

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