No more hatred, Mark Zuckerberg turned to ‘idol’ Elon Musk, following every strategy of the Twitter boss?

According to BusinessInsider, Elon Musk’s takeover of Twitter appears to be changing his relationship with Meta CEO Mark Zuckerberg.

Last Sunday, CEO Mark Zuckerberg announced that he would be rolling out Meta Verified, the company’s new registration verification service for Facebook and Instagram. Notably, this comes just months after Twitter relaunched its verification-based subscription business called Twitter Blue, under new owner and CEO Elon Musk.

Meta Verified “sounds a lot like Twitter Blue,” Bernstein field expert Mark Schilsky said in a note to clients this week. ” I think it’s clear that Mark Zuckerberg is idolizing Elon Musk .”

Schilsky also thinks it’s a smart move, predicting that Meta could generate $360 million in annual revenue from the new subscription service. Even other Wall Street analysts are more optimistic that Meta Verified could add $2 billion in annual revenue for the company.

However, Schilsky’s comment is particularly interesting considering the history between the two tech billionaires. In fact, Elon Musk and Mark Zuckerberg have openly criticized each other for years — at least since a SpaceX rocket exploded on launch pad in 2016, destroying a Facebook satellite.

Elon and Zuck have a long history of confrontation

In 2017, Zuckerberg criticized Musk when he talked about artificial intelligence.

During a Facebook meeting, a viewer asked Zuckerberg what he thought of Musk’s fear that AI could be dangerous to people.

“I have a very strong opinion on this. It’s hard to understand people who are against it and come up with a terrible vision of it. It’s really negative and in some ways, I think it’s pretty irresponsible.” .

Musk meanwhile expressed concern about AI and responded: ” I’ve talked to Mark about this before. His knowledge of the subject is very limited .”

In 2018, after the Facebook data disclosure scandal, Musk publicly announced the removal of the Facebook pages of SpaceX and Tesla

After WhatsApp co-founder Brian Acton posted a tweet with the hashtag #deletefacebook: ” Time to delete facebook “. Musk replied immediately: ” What is Facebook? “.

A fan asked Musk if he would delete SpaceX’s Facebook page, and Musk said: ” I didn’t even know it existed. I’ll delete it right away .”

After another fan pointed out that Tesla also has a Facebook page, Musk said, “That sucks.”

Soon after, both SpaceX and Tesla’s Facebook pages disappeared.

When a SpaceX rocket caught fire, destroying a Facebook satellite in 2016, Zuckerberg posted a statement saying he was “disappointed” by SpaceX’s mistake. And when Facebook got caught up in the Cambridege Analytica data scandal, Musk publicly deleted the Facebook pages of Tesla and SpaceX, saying that Facebook “terrified him”.

However, despite such a deep history of confrontation, Schilsky’s latest assessment may be correct. Musk announced the mass layoffs of Twitter in the first week of November, shortly after taking full ownership in October. A few days later, Meta itself announced the mass layoffs – the first in history. company history. While there have been smaller layoffs in the tech sector throughout the summer, Twitter and Meta’s layoffs marked the beginning of what we now call a fierce layoff season in the industry. whole industry.

And now, with the launch of Meta Verified, Zuckerberg seems to be learning from Elon Musk’s efforts to generate more subscription revenue from users. Unfortunately, so far Elon Musk has not been successful with this strategy.

For his part, Musk is still new to running a social media empire like Twitter, so he has expressed plans to hand over power to an unnamed successor. It remains to be seen how much Musk will learn from Zuckerberg.

So far, the Twitter owner has met with civil rights groups and advertising executives to discuss concerns around Twitter’s platform, which Zuckerberg and other social network executives must also face. do to restore trust and confidence in their platform.

Source: BusinessInsider