Could De Beers be the next Twitter?

November 21, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2411/758558-208×117.jpg?5″ width=”208″ height=”117″ alt=”Could De Beers be the next Twitter?” align=”left”><p>In 2022, Elon Musk paid $44bn for Twitter, and having acquired such a famous brand, changed its name to X. Why did he do it? Because he could. And when you have that kind of money floating about, it must be tempting to shock the world. It didn’t go well. The messaging system that, unlike Facebook and WhatsApp, was favoured by an educated elite has halved in value with Musk himself pegging its current worth at $20bn. Are we facing the same problem with de Beers, the world’s most famous name in diamonds?</p><br> <a href=”https://www.bizcommunity.com/article/could-de-beers-be-the-next-twitter-588970a”>Read more…</a> | <a href=”https://www.bizcommunity.com/Request/SendToEmailRedirect.aspx?ct=1&ci=253636″>Send to a friend</a></p><div style=”clear:left”></div>