In response to the YouTuber Farzad Mesbahi, Elon Musk, the CEO of Twitter, said that the company has now control over its expenses.
However, the world's richest did not seem entirely convinced by Twitter's financial security as he said, "Twitter isn't secure yet, just not in the fast lane to bankruptcy. Still much work to do."
The acrimonious takeover of Twitter by the billionaire has been a subject of a lot of controversies. Musk trimmed down the employee numbers to keep track of profit in the wake of global economic hardships. The move led to 7,500 staff being let off. Recently, Twitter disbanded its Trust and Safety Council, an advisory group composed of more than 100 independent and civil human rights organisations. The platform was known for providing content-related suggestions to the tech giant.
However, the controversies did not end there. A few days ago, the social media platform was accused of removing some accounts belonging to journalists who had reported Musk's tiff with a college student, who in turn had reportedly tracked his private jet. Additionally, it suspended the Indian-origin social media handle Koo's account on his platform.
Aprameya Radhakrishna, the CEO of Koo, agitatedly wrote, "One of the Koo handles on Twitter just got banned. For what?! Because we compete with Twitter? So? Mastodon also got blocked today. How is this free speech and what world are we living in? What’s happening here?”
After the takeover, Twitter re-released an updated version of the blue subscription, which now costs a minimum of $7.79. The policy change also made some of the users angry.
Recently Musk announced that Twitter 2.0 will soon have encrypted direct messages and voice and video calling features.
“We want to enable users to be able to communicate without being concerned about their privacy, [or] without being concerned about a data breach at Twitter causing all of their DMs to hit the web, or think that maybe someone at Twitter could be spying on their DMs. That’s not cool and it has happened a few times before."