City
Epaper

Twitter not go to bankrupt, but isn't secure yet: Musk

By IANS | Updated: December 25, 2022 14:40 IST

San Francisco, Dec 25 Responding to a Twitter user, Elon Musk has said that the microblogging platform is ...

Open in App

San Francisco, Dec 25 Responding to a Twitter user, Elon Musk has said that the microblogging platform is not going bankrupt but is not secure yet.

Farzad Mesbahi, a YouTuber who covers future technologies, tweeted: "On today's All In podcast @elonmusk says, We've gotten the expenses (of Twitter) under control, so the company isn't on the fast lane of Bankruptcy anymore".

To which Musk replied: "Twitter isn't secure yet, just not in the fast lane to bankruptcy. Still much work to do".

Earlier, Musk in his monetisation drive to save Twitter rolled out Blue tick subscription, which costs $8 per month to purchase on the web or $11 per month via the iOS App Store.

The microblogging platform said that those who initially subscribed on iOS for $2.99 or $4.99/month will need to upgrade their subscription to $8/month on the web or $11/month (or your local pricing) on iOS or lose their subscription.

A few days ago, Musk showed his interest in offering people to invest in Twitter at the original $54.20 per share, at which he acquired the company for $44 billion.

According to news portal Semafor, Musk's money manager Jared Birchall has reached out to potential investors, "offering shares of Twitter at the same price, $54.20, that Musk paid to take the company private in October".

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Jared BirchallTwitterElon muskTwitter twitterTwitter sevaTwitter cmoTwitter inc.Twitter incTwitter ceo
Open in App

Related Stories

TechnologyX Down: Elon Musk-Owned Social Media Platform Faces Outage as Users Unable to Access Feeds, Post Content

Social ViralLPG Cylinder Shortage in India Sparks Funny Meme and Desi Jugaad Fest on Social Media

EntertainmentThe Raja Saab Box Office Collection Day 13: How Much Did Prabhas’ Horror-Comedy Film Earn on Wednesday; Check Day-Wise Earnings Report

EntertainmentThe Raja Saab Box Office Collection Day 11: Prabhas’ Horror-Comedy Film Crosses Rs 140 Crore in India; Check Day-Wise Earnings Report

EntertainmentThe Raja Saab Box Office Collection Day 10: How Much Did Prabhas’ Horror-Comedy Film Earn on Its 2nd Sunday; Check Day-Wise Earnings Report

Technology Realted Stories

TechnologyMinistry of Mines notifies new rules to boost exploration of critical minerals

TechnologySalary hikes in India Inc likely to stay stable at 9.1 pc in 2026

TechnologyIndia’s white-collar job market ends this fiscal strong led by non‑IT, AI hiring

TechnologyIndian Railways approves Rs 1,364 crore to expand Kavach, modern signalling systems

TechnologyOver 18 crore LPG cylinders delivered since March 1, adequate rice and wheat stocks available: Govt