After Elon Musk became Twitter’s largest shareholder, Twitter seemed to feel the pressure of the tech moguel to seek change. Twitter confirmed earlier this month that the company was already developing the long-awaited edit button.
As we all know, Twitter doesn’t have an edit button, so the only thing users can do is post corrections before negative comments start arriving. But soon, you can click the Edit button and modify the Tweet.
Recently, Dylan Roussel posted a tweet indicating that he was able to manipulate the Twitter edit button before it was officially released. Note, however, that the button has not yet been officially put into use, i.e. it cannot be finalized.
To access the edit tweet button, you must open the overflow menu and press the edit tweet list in the menu. when the button works, users will be able to correct spelling and spelling mistakes, add content to tweets they write, and tap “update” to make the appropriate changes to the post. again, the button has not yet worked, and if you try to use it, a failure message will appear.
For now, Twitter says the edit button will first be offered to Twitter Blue subscribers as a beta. Until all Twitter users can use the feature, the Company will have the opportunity to make any changes it deems necessary.
Interestingly, on the day Musk initially announced his 9.2 percent stake in Twitter, he revealed a poll he posted on the site showing that among Twitter users who answered his questions, up to 73.6 percent wanted to edit the button, while 26.4 percent didn’t.
Recently, Musk announced the acquisition of Twitter for $54.20 per share in cash. On Friday, Twitter’s board launched the Poison Pill Project. A “poison pill” is an action taken to dilute the holdings of someone who threatens to control a public company. Twitter used a defensive strategy in the major takeover battles of the 1980s and is using it against Musk.
Once the Poison Pill plan is in place, other shareholders will be able to increase their holdings in Twitter at a discount if an individual or company purchases 15% or more of Twitter’s outstanding shares without board approval. That would dilute Musk’s stake and make it more expensive for him to buy the company. The Poison Pill Program expires on April 14, 2023.