Elon musk acquires Twitter

Image

Recent development ,3rd of may 2.15 pm IST

Elon Musk Lately has been in news, magazine, articles, and newspaper. You name it. Musk decision to buy all the shares of  Twitter. According to Musk, he has been witnessing the suppression of free speech, something on social networks a new phenomenon called cancer culture.it has poisoned the Internet,

Elon Musk has said Twitter may charge a “slight” fee for commercial and government users

“Twitter will always be free for casual users, but maybe a slight cost for commercial/government users,” Musk said in a tweet. In another tweet, he added: “Some revenue is better than none!”



 

 

 

RECENT DEVELOPMENT-30th of April

Elon musk has been advocating for free speech on social media platforms. In a filing to the security exchange board (SEC), Musk wrote, “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy,” further adding to his filing to SEC, “Twitter has extraordinary potential. I will unlock it.”

In a press statement posted by Musk on his Twitter account, Musk tweeted “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated. I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spambots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it,”

After weeks of hustle between Twitter’s board of directors, Elon musk finally bought Twitter for a whopping 44 Billion USD. Elon Musk has previously indicated that he wants to take Twitter private. Reportedly there have been conflicting feelings among Twitter employees.

Tesla CEO in his latest public statement said “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated ”. Musk assured the giant social media platform’s users to add new features and bring leniency to content moderation for the Platform users.



PARTISAN BETWEEN REPUBLICANS AND DEMOCRATS OVER TWITTER BUYOUT

Republican lawmakers who have criticized the company over Its content moderation policy lauded  Elon Musk’s buyout of Twitter, while many Democrats shared their concern over the acquisition of Twitter.

 

Senator  Marsha Blackburn (Re: Tennessee.). tweeted “This is a great day to be conservative on Twitter,”. While on the other spectrum, Elizabeth Warren who has been a long time critique billionaire over taxes paid by the billionaires tweeted “it is a danger to democracy”.

Share this content:

Scroll to top