{"id":19389,"date":"2023-01-16T12:42:10","date_gmt":"2023-01-16T20:42:10","guid":{"rendered":"https:\/\/wou.edu\/westernhowl\/?p=19389"},"modified":"2023-01-16T12:42:51","modified_gmt":"2023-01-16T20:42:51","slug":"what-is-happening-over-at-twitter","status":"publish","type":"post","link":"https:\/\/wou.edu\/westernhowl\/what-is-happening-over-at-twitter\/","title":{"rendered":"What is Happening Over at Twitter?"},"content":{"rendered":"\n<p>Written by: <span style=\"font-weight: 400\">Mirella Barrera<\/span><\/p>\n<p><\/p>\n<p><span style=\"font-weight: 400\">On April 25, 2022, Twitter announced its plans for Elon Musk to take ownership of the platform \u2014 a deal that valued the company at $44 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since CEO Musk\u2019s Twitter takeover, a plethora of changes have been made to the \u201cmicroblogging\u201d platform, the recent of which includes long-form tweets \u2014 allowing users to tweet a whopping 4,000 characters.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Other changes enacted include the option for users to receive a blue verification mark \u2014 previously only available for celebrities, politicians and other public figures \u2014 for a monthly subscription of $8. Twitter Blue, as the subscription was dubbed, was suspended after a string of accounts attempted to impersonate public figures, including Musk himself. The feature was relaunched in December, with more thorough review of accounts.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Such changes to the platform brought forth backlash from many Twitter users, with many arguing that the alterations would take away from the platform\u2019s main appeal; tweets that are short and to the point.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Aiding the turmoil were a mix of erratic decisions made by the company, from laying off more than half of its employees to the reinstatement of former President Donald Trump\u2019s Twitter account.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">On Saturday, Jan. 7, laid off employees finally received their severance payments, after Musk promised these employees would receive three months of severance compensation. However, the compensation turned out to be much less than anticipated.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In late 2022, with a shocking statement, Musk revealed that he would be resigning from the role of CEO of Twitter after tweeting a Twitter poll posing the question, \u201cShould I step down as head of Twitter?\u201d The poll has since closed, with 57% out of nearly 18k of users voting \u201cYes.\u201d\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400\">Since, Musk has confirmed that he will be stepping down as chief executive and has begun the search for his replacement. Although no timeline has been given, it is evident that Musk will remain a prominent figure at the company.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The chaos and disarray at Twitter eventually bled into Tesla\u2019s shares. A large portion of Musk\u2019s \u2014 who is also chief executive at Tesla and SpaceX \u2014 wealth is attributed to the electric car company. Since Musk\u2019s takeover of the company, Tesla\u2019s shares have fallen significantly, losing 65% of its stock value in 2022.<\/span><\/p>\n<p><span style=\"font-weight: 400\">This is bad news for Musk, whose net worth has fallen below that of Bernard Arnault, CEO and chair of LVMH \u2014 a luxury good\u2019s company. On Jan. 10, Guinness World Record recognized Musk as the person with the largest drop in net worth.<\/span><\/p>\n<p><\/p>\n<p><span style=\"font-weight: 400\">Contact the author at howlnews@wou.edu<\/span><\/p>\n\n\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1094,"featured_media":19390,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_lmt_disableupdate":"","_lmt_disable":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[3],"tags":[],"class_list":["post-19389","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/posts\/19389","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/users\/1094"}],"replies":[{"embeddable":true,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/comments?post=19389"}],"version-history":[{"count":0,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/posts\/19389\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/media\/19390"}],"wp:attachment":[{"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/media?parent=19389"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/categories?post=19389"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wou.edu\/westernhowl\/wp-json\/wp\/v2\/tags?post=19389"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}