As Twitter's newest board member and largest shareholder, Elon Musk is already floating suggestions for changes he'd like to see on the social media platform. He's asking people to vote.
Such a move, Musk said, would"massively expand" the pool of verified user accounts and discourage the proliferation of spam"bot" accounts, making them too expensive to maintain.
Musk also shared ideas for how Twitter should charge for its subscription membership, saying the fee"should be proportionate to affordability and in local currency," and adding:"Maybe even an option to pay in Doge?" referring to the Dogecoin cryptocurrency. "And no ads," Musk tweeted."The power of corporations to dictate policy is greatly enhanced if Twitter depends on advertising money to survive.
Last week, Twitter disclosed in a regulatory filing that it entered into an agreement with Musk giving the billionaire a seat on the company's board, with the term expiring at its 2024 annual shareholders meeting. The move came a day after it was disclosed that Musk took a 9% stake in the company.
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