Skip to content
The Domestikated Life
  • Property & Casualty
  • Business News
  • Capital Market
  • Stock Market
  • Sky Business
  • About Us
    • Advertise Here
    • Contact Us
    • Privacy Policy
    • Sitemap

It’s been a wild few days for Twitter and Elon Musk. Where do things stand now? : NPR

  • Home
  • It’s been a wild few days for Twitter and Elon Musk. Where do things stand now? : NPR
By: Mary Posted on April 13, 2022

NPR’s A Martinez talks to Dan Ives, tech analyst with Wedbush Securities, about Elon Musk’s actions with Twitter and what it suggests for the corporation, the business of social media and investments.



A MARTINEZ, HOST:

It has been a wild several days for Twitter and Elon Musk. The unpredictable mega-billionaire disclosed he owns 9% of the social media giant. He received a seat on the Twitter board. He even spun up a tweetstorm of tips, these kinds of as Twitter should convert its San Francisco headquarters into houses for the unhoused. Then, he deleted some of his tips and turned down membership on the board.

Related Posts:

  • Should You Be Using Email Marketing?

Dan Ives is in this article to attempt and make some perception of this Silicon Valley drama. He’s a tech analyst with Wedbush Securities. Dan, if you could, for just a moment, bounce into Elon Musk’s head and convey to us what he’s striving to do here.

DAN IVES: Yeah. Search, I consider Elon Musk was truly striving to shake up Twitter in phrases of the social media system – turned its most important shareholder, knew the board would have to discuss to him. The board invited him on. And ultimately, he was not heading to set a muzzle on and keep silent. And now this goes from a Cinderella story, with him on the board assisting Twitter, to what I would say is additional of a “Match Of Thrones” – much extra hostile. And this is likely to be a get-out-the-popcorn minute.

MARTINEZ: But it truly is really hard for me to think, Dan, that he did not know that he would get muzzled if his stake in Twitter was enhanced. I suggest, how does he not know that? It would seem like it dawned on him and then he decided, nah, I really don’t want to do this.

IVES: Yeah. And, appear, that is just how Musk in the end operates. And we have viewed it, you know, masking him for many years. And I do consider Twitter’s board thought this was heading to be, you know, him coming on to the board, supporting, cheese and crackers, voting on distinctive board – but as all people know, that – that is not Musk. And this definitely, in the long run, I imagine, hit a crescendo Saturday in phrases of his tweetstorm. And now, for Twitter and the board, it truly is the worst nightmare due to the fact when you have somebody like Musk as a foe, who’s going to turn out to be additional energetic, you know, and in the long run could, from a hostile point of view, actually attempt to improve the board – which, in the end, could guide to some type of, you know, buyout of Twitter. So this is genuinely a cleaning soap opera that continues to engage in out.

MARTINEZ: So what variety of an possibility do you think Musk sees in Twitter? Is it fiscal or is it far more personalized or a tiny of each?

IVES: I think it is additional particular. I mean, fiscal is usually not his M.O. But if you search at Twitter, Twitter’s been an underperforming social media platform. Dorsey, the CEO, has moved to the background. Buyers have been up in arms. So Musk knew there was an prospect to shake issues up, which is why it was now or never. He hit – grew to become No. 1 shareholder. And now, I feel, in terms of Twitter’s board, as very well as their execs, spotlight’s on them. Musk is not likely to go absent. And I think now this really commences to turn into a predicament that – no one ever considered in a million several years that Elon Musk would come to be a corporate raider of Twitter.

MARTINEZ: So for traders, then, is he getting sort of like a knight in shining armor for the stockholder? I suggest, is that wherever this is going?

IVES: In a Bizarro Entire world, he’s turn out to be the knight in shining armor for Twitter shareholders. And for a firm that’s underperformed, you can’t argue the success he is experienced with SpaceX, Tesla and other people. So regardless of what he touches turns to gold. Twitter now is in a scenario, strategically, that the louder Musk will get – and if they continue to underperform, they’re heading to be compelled into what I practically connect with an activist volcano problem. And that is why the stock’s moved up so much due to the fact Musk came in. Him on the board would have been, finally, a storybook ending. It really is not going to finish up like that. And which is why, you know, this is heading to be far more of a street combat concerning Musk and Twitter.

MARTINEZ: And a bit of a roller coaster trip, as effectively. Dan Ives is a tech analyst with Wedbush Securities. Dan, thanks a good deal.

IVES: Thanks.

Copyright © 2022 NPR. All legal rights reserved. Check out our web page conditions of use and permissions webpages at www.npr.org for further facts.

NPR transcripts are established on a rush deadline by an NPR contractor. This text may well not be in its last sort and may well be up to date or revised in the future. Accuracy and availability may vary. The authoritative history of NPR’s programming is the audio document.

Categories: Financial Tags: "Women'S Business Casual, Amazon Fba Business, Atlanta Business Chronicle'S, Boss Baby Back In Business, Business Administration Degree, Business Attire Women, Business Card Design, Business Cards Templates, Business Casual Dress, Business Casual Outfits, Business Checking Account, Business Credit Card, Business For Sale Near Me, Business Intelligence Platform, Business Lawyer Near Me, Business Loan Calculator, Business Name Ideas, Business Professional Women, Business Spectrum Login, California Business Entity Search, Capital One Spark Business, Carl Weber'S The Family Business, Charlotte Business Journal, Custom Business Cards, Delaware Business Search, Fl Sos Business Search, Florida Business Search, Harvard Business Publishing, Insurance For Small Business, Kelley School Of Business, Maryland Business Express, Maryland Business Search", Moo Business Cards, National Business Furniture, New York Business Search, Ohio Business Gateway, Onedrive For Business, Online Business Ideas, Paramore Misery Business, Risky Business Cast, Small Business Insurance, Spectrum Business Customer Service, Tom Cruise Risky Business, Us Small Business Administration, Verizon Wireless Business, Verizon Wireless Business Login, Virtual Business Address, What Is Business Administration, Yelp Business Login, Yelp For Business

Post navigation

Australia business conditions surge in March, inflation runs hot
Producer Price Index March 2022:

Recent Posts

  • Fintech focused LHV UK bank opens its second UK hub in Leeds
  • Stable closes a $60m Series B to bring calm to commodity market chaos
  • Sequoia warns on long crisis and slow recovery
  • 5 things to know before the stock market opens Wednesday, May 25
  • Is There Unemployment for Self Employed People?

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018

Categories

  • Business News
  • Capital Market
  • Financial
  • General
  • Property & Casualty
  • Sky Business
  • Stock Market

bayar.ooo

Visit Now

true food kitchen

BL

LP

TL

Intellifluence Trusted Blogger
thedomestikatedlife.com All Rights Reserved | Magpaper by Theme Palace
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT