Musk: Twitter makes its first acquisition under Elon Musk

Twitter has gone through several changes under its outgoing CEO Elon Musk. Now, the micro-blogging platform has reportedly made its first acquisition under the billionaire’s leadership. According to a report by Axios, Twitter has bought a job-matching tech startup called Laskie.
This deal could be a step towards the billionaire’s aim to turn Twitter into a “super-app” that will offer multiple functions, including payments, to users. However, the company is yet to share any official comment about its new acquisition.
What is Laskie
Laskie is a San Francisco-based startup that was founded in 2021 that focuses on recruitment. The company’s founder and CEO Chris Bakke previously sold another startup to the online job platform Indeed.
Currently, the company’s official website shows that the service is no longer available. However, its LinkedIn page describes it as helping job-seekers quickly find good job matches, the report adds.

As per PitchBook, Laskie raised $6 million in total funding. The report claims that a source familiar with the company said that Twitter is paying in cash and stock to buy the company. While the report didn’t reveal the exact amount of the deal, the source said that the acquisition was worth “tens of millions.”
Twitter to get new CEO
Last week, Musk also announced the hiring of former NBCUniversal executive Linda Yaccarino. Yaccarino is set to become Twitter’s new CEO within the next few weeks. Musk will transition to the role of chief technology officer of the social media company. His recent attention towards Twitter has invited criticism from Tesla investors for being distracted with Twitter. In December 2022, Musk announced that he would step aside as Twitter CEO once he finds “someone foolish enough to take the job.”

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