Elon Musk's massive Twitter purchase is still making headlines. The billionaire recently bought the social media giant after paying around $44 billion.
Now, here are the latest happenings on Twitter and the activities of Musk on the social media platform.
Twitter User Count Error
According to Engadget's latest report, Twitter admitted that it made a mistake on its report containing the user count between 2019 and 2021.
CHICAGO, ILLINOIS - APRIL 25: In this photo illustration, news about Elon Musk's bid to takeover Twitter is tweeted on April 25, 2022 in Chicago, Illinois. It was announced today that Twitter has accepted a $44 billion bid from Musk to acquire the company.
The online platform explained that the active monthly uses between 2019 and 2021 were incorrectly counted because some users have multiple accounts.
"In March of 2019, we launched a feature that allowed people to link multiple separate accounts together in order to conveniently switch between accounts. An error was made at that time," said Twitter via its official document.
Twitter $1.2 Billion
The Independent UK reported that Twitter was able to reach a $1.2 billion revenue. This was achieved despite the issue with Elon Musk's acquisition.
Tesla CEO Elon Musk and Armin Laschet, CDU Federal Chairman and Prime Minister of North Rhine-Westphalia, talk during a tour of the plant of the future foundry of the Tesla Gigafactory on August 13, 2021 in Grünheide near Berlin, Germany. The US company plans to build around 500,000 of the compact Model 3 and Model Y series here every year.
Also Read: Twitter DMs with End-to-End Encryption? Elon Musk Wants It like Signal Messenger
The latest billion-dollar income of the social media giant only covers the first quarter of 2022. Around $94 million were generated through its subscription services.
Meanwhile, the remaining revenues came from Twitter's data sales and other business-to-business services.
Elon Musk's Coca-Cola Purchase Joke
According to The New York Post, Elon Musk jokingly said on Twitter that he would purchase Coca-Cola. He said these days after he bought the online platform.
The billionaire even said he planned to acquire the multinational beverage firm to bring "cocaine back." Of course, this statement of his is not serious.
Recently, the CEO explained that he wants to make Twitter a more enjoyable platform, which shows how he will run the company.
This means that you will see more similar remarks from Musk in the coming days or months.
Meanwhile, a massive Tesla stock decrease happened after the Twitter buyout.
Elon Musk's Involvement in Johnny Depp Vs. Amber Heard Case
Recently, Tech Times reported that Elon Musk was a no-show in the defamation case between Johnny Depp and Amber Heard. Although he didn't attend the trials, his name was still mentioned.
Some documents claimed that the billionaire visited Heard. Aside from Amber, Depp's lawyers stated that Cara Delevingne was also invited.
Musk, Heard, and Delevingne were claimed to be staying in the apartment owned by Amber and Johnny Depp. If you want to see more details about this issue, you can visit this link.
On the other hand, the SEC Twitter police agreement will still remain after the petition of Elon's lawyers was rejected by the court.
For more news updates about Elon Musk and Twitter, always keep your tabs open here at TechTimes.
Related Article: Twitter Reassures Advertisers and Users That Elon Musk's Free Speech Campaign Won't Make The Site Toxic
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Written by: Griffin Davis
