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See Elon Musk Net Worth As Twitter Agrees To Deal

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Pay for tweeting - elon musk says

Twitter has struck a deal with Elon Musk, handing the world’s richest man control of a social network that has far-reaching influence on politics and society.

Musk will pay about $44 billion, or $54.20 a share, to take the social media company private, according to an announcement from Twitter.

The agreement comes less than two weeks after Musk offered to buy Twitter, sending the company’s board and management into crisis mode as they scrambled to figure out whether Musk was serious and whether his offer fairly valued the company.

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Musk has vowed to “unlock” Twitter’s potential by loosening what he sees as unfair restrictions on free speech.

“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” he said in the announcement Monday.

The maverick entrepreneur is a prolific user and outspoken critic of Twitter, where he has more than 83 million followers and regularly posts memes, boosts his companies Tesla and SpaceX, and squabbles with critics.

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Elon Musk Net Worth

According to Forbes, Elon Reeve Musk an  entrepreneur founder and CEO at Tesla Motors and SpaceX, has his net worth valued at 264.6 billion USD as of  year 2022. He is on  Forbes Billionaires List.

Three Things Elon Musk Might Do with Twitter

When Elon Musk buys Twitter, it would mean that he is now in total control of the social media network on which he was only a verified member.

These 3 assumptions below might just become reality if Elon eventually seals the deal with Twitter.

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  1. Twitter may accept Dogecoin as a payment option for Ads and other services
  2. Twitter verification process may become less stringent and rigorous
  3. Elon Musk may rebrand Twitter Space to reflect and promote his Space X project.
  4. There will be Twitter edit and easier ways to communicate

Stay updated for more on Elon Musk Net Worth and Elon Musk Twitter Deal on Techscoops – Tech Blog Nigeria.

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Tension in Abuja as shop owners, Okada riders clash

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tension in Abuja

There is tension at the Deidei area of the Federal Capital Territory over the death of a yet-to-be-identified person.

According to a PUNCH correspondent, the commercial motorcyclists and Building materials dealers in the area are engaged in A fight. A resident of the area told newsmen that a commercial motorcyclist knocked down a woman who died on the spot.

He said building materials dealers nabbed the Motorcyclists who later called his colleagues to rescue him.

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The resident reportedly said that policemen had yet to arrive at the scene at the time of filing this report.

Where is Deidei in Abuja ?

Deidei is in Saburi residential district in the FCT

Where is Saburi in Abuja?

Whereas Saburi is around Kubwa.

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Subscription-Revenue Decline: Netflix Sacks 150 Staff

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Netflix suspense movies

Netflix has laid off 150 full-time employees in the United States.

This is a result of a fallout of a significant drop in its revenue. According to reports, the recent retrenchment affects employees across departments in the organization. This includes 70 part-time positions in the animation, social media, and publishing divisions.

At least 26 contractors working on the company’s fan-focused Tudum website, which acts as an addition to Netflix’s content were also affected. Last month, the Tudum subdivision was exclusively impacted by a similar fate, with over 25 roles in the marketing section.

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This new decision is coming less than a month after the streaming giant laid off at least ten full-time employees and contractors from its editing and marketing departments. The Netflix management has explained that the choice is unrelated to individual performances. They also said that the laid-off employees will be compensated.

Netflix’s revenue income has been on a decline recently. For the first time in a decade, it disclosed a sharp reduction in subscribers in the first quarter of 2022, with a net loss of 200,000 streaming clients. The business also forecasted a 2 million subscriber drop in the second quarter. On April 20, the company’s worth dropped by $54 billion as a result of this.

Stay updated on techscoops for technology news in Nigeria and across the world

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BREAKING: Lagos Gov bans Okada in Apapa, Ikeja, Lagos Island, 3 other LGs

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Sanwo-Olu bans okada in lagos

Total Ban on Okada in Lagos

The Lagos State Governor, Babajide Sanwo-Olu, has banned the operations of commercial motorcycles popularly called Okada, in six Local Governments.

The governor announced that the ban is “indefinite and total”.

The six local governments listed by the governor are Ikeja, Surulere, Eti-Osa, Lagos Mainland, Lagos Island, and Apapa.

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The Governor gave out the directive at a meeting with the Commissioner of Police, Area Commanders and Divisional Police Officers (DPOs) at the State House in Alausa.

The fresh Okada ban followed the February 2020 restriction placed on the activities of commercial motorcycles.

Sanwo-Olu said the Government took the decision in line with the State’s Transport Sector Reform Law of 2018 to immediately address the chaos and menace created by the operations of Okada in the listed areas.

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He told the police to enforce the order without compromise.

He said, “After a critical review of our restriction on Okada activities in the first six Local Government Areas where we restricted them on February 1, 2020, we have seen that the menace has not abated. We are now directing a total ban on Okada activities across the highways and bridges within these six Local Government and their Local Council Development Areas, effective from June 1, 2022.

“This is a phased ban we are embarking on this period, and we expect that within the short while when this ban will be enforced, Okada riders in other places where their activities are yet to be banned can find something else to do. We have given the notice now and we expect all commercial motorcycles plying the routes in the listed councils and areas to vacate the highways before enforcement begins. The enforcement will be total.”

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The ban is coming days after Okada riders killed a young man in the Lekki area of Lagos State over N100 balance.

It was learnt that the victim, who was a sound engineer, was lynched and burnt to death after a misunderstanding ensued over the N100 balance with one of the commercial motorcyclists.

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