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Twitter has been in the news all week due to Elon Musk’s share acquisition and his acceptance onto the board of the company. The move has caused ripples throughout the financial industry, but more specifically the social media world, which is already as saturated as you can imagine. Musk’s position gives him a say in the company regardless of what the legal documents tell you, and he has voiced his concern on multiple occasions. One major example is the call for an edit button, which allows users to edit their tweets for whatever reason. Twitter has shown heavy opposition to this, but new CEO Parag Agrawal might have something up his sleeve.

On Wednesday, Twitter announced that they are starting to explore the possibility of an edit button on their platform right after Elon Musk joined the board. Coincidence? I think not, as Twitter claims they have been working on an edit button for a year. Musk released a poll asking his Twitter followers if they wanted an edit button, and the CEO responded with Musk’s famous consequence line he used on his other tweet. Twitter has been exploring a way to implement this feature without removing the layer of safety for users as things could go wrong. For example, someone could tweet insider information and then edit the tweet to prevent themselves from going to jail. Users subscribed to Twitter Blue will have access to this feature in the coming months, and it’ll be released to the public soon. Twitter’s recent decisions have helped its stock, and it’s one of the tickers thriving during this ongoing market slump.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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