This Week in Startups Twitter bots & Apple BNPL with Deirdre Bosa + Prediction markets with Kalshi CEO Tarek Mansour | E1480
Jun 9, 2022
Deirdre Bosa, a CNBC journalist renowned for her tech insights, discusses Twitter's compliance with Musk's data demands and Apple's ambitious move into the buy now, pay later space as it positions itself as a bank. She highlights the implications of these strategies amidst growing scrutiny on tech giants. Tarek Mansour, co-founder and CEO of Kalshi, dives into the world of prediction markets, exploring how they offer a regulated environment for forecasting economic events and the unique challenges they face in compliance and market integrity.
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Musk's Pressure Campaign
- Elon Musk pressured Twitter to comply with his data demands by threatening to walk away from the deal and initiating a Texas AG investigation.
- This pressure campaign worked, granting Musk access to Twitter's bot data, potentially impacting the deal's future.
Musk's Twitter Playbook
- Elon Musk leveraged his public persona and Twitter's platform to build Tesla, avoiding traditional marketing.
- He might use the same strategy for Twitter, but its success remains uncertain due to his brash approach.
Twitter's Identity Crisis
- Twitter’s history reflects its evolution from a symbol of free speech to a disinformation hub.
- Its moderation failures turned it into a cultural war battleground, impacting media and journalism significantly.