Will Elon Musk Walk Back on Acquisition Deal or Just Looking to Renegotiate the Price

Media, ,

In late April, Elon Musk and Twitter closed a deal that will see the Tesla mogul taking over majority ownership of the social media company for $44 billion. Last week however, Musk announced putting the Twitter deal on hold, indicating a possible walk back on the Twitter acquisition deal. The move has put Twitter at a disadvantage, which could lead to a legal battle or force it to agree to a renegotiation of the acquisition price.

Why Musk is Walking Back on the Twitter Acquisition

Musk contends that it has come to his knowledge that about 90% of the accounts making up the Twitter social media site are spam accounts. If that is the case, Musk feels he has been misled, and concluded that the social media site is not at all worth $44 billion. Although Musk said he is still interested in buying up the company’s shares of stocks, he wants to renegotiate the price. If not, he is willing to pay $1 billion as “breakup fee.”

According to Musk, he considers Twitter as an important venue where free speech is essential to the future of humanity. The multi billionaire said he is excited about making improvements on the social media platform and of working with the users of Twitter accounts. However, as it is, he found out aht nearly 90% of the accounts making up the platform are considered spam.

Many are questioning the legality of Musk’s action as his reversal can impact the value of Twitter’s stock shares.

Apparently, Twitter can sue Elon Musk for breach of contract, to cost Musk more than just a billion dollars for nothing. However, many see the hold action as Musk’s strategy in bringing down the acquisition price. After all, for Twitter, renegotiation is also the cheaper alternative to filing a lawsuit against Musk.

Computer Courses : Career Opportunities in Having Computing Knowledge and Skills

Business, , ,

Students planning to enter college choose a course they are largely interested in. Yet they should also consider courses that have plenty of job opportunities. Computer courses are an excellent example, because much of the knowledge and training that can be learned are needed in nearly all industries.

Information Technology (IT) for one, offers great job opportunities. In many cases, companies do not always require a computer engineering degree to fill in an entry level IT position. Having completed short, 6 to 1-year IT courses could already be a big advantage when applying for an entry level IT job.

Yet the better advantage is to have completed a minimum 4-year bachelor’s degree in computer science with Information Technology as a major learning discipline.

After becoming an IT Specialist, one can advance further becoming a Computer and Information Research Scientist. In doing so, an IT professional must complete a master’s degree in computer science; or in the related field ( e.g. business, medicine, engineering) to which he or she seeks to become an expert in solving complex computing problems.

What Functions Do Computer and Information Research Scientists Perform as Line of Work

Generally, research scientists gather data to form research concepts that they will apply to computational models in order to reach a conclusion. They have to collaborate with scientists and engineers to ensure that the computer system in place is as efficient and user-friendly as possible.

A basic function of a Computer and Information Research Scientist is to determine the specific computing systems needed by a particular organization.

Businesses that provide computing services employ Computer and Information Research Scientists to design new software systems, develop computing languages and integrate tools that can help improve the way people accomplish work by way of computers.

Some computer and information research scientists take on jobs that require them to design innovative applications and programs for existing and new technology.

Some others create programs for controlling robots.

Basic Duties of Computer and Information Research Scientist

The Computer and Information Research Scientist who designed the computing system must perform experiments to test the accuracy and operational efficiency of the installed software systems.

Analyze and evaluate the results of the experiments performed.

Write and submit papers for publication and presentation to research conferences.

How Much Do Computer and Information Research Scientist Earn

According to Payscale, the average yearly salaries of a Computer and Information Research Scientist is $109,345. The pay can increase based on experience level and location of the employer company or organization. Currently, the highest paid Computer and Information Research Scientist receives $154k in annual salaries.

𐌢