Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms “free speech.”.
FILE - Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington, Monday, March 9, 2020. Mercurial billionaire Elon Musk now says he wants to buy Twitter outright, taking it private to restore its commitment to what he terms free speech. But his offer, which seemed to fall flat with investors on Thursday, April 14, 2022 raises as many questions as it answers.
Twitter, like other social media platforms, suspends accounts for violating content standards, including on violence, hate speech or harmful misinformation. Its suspension of Donald Trump angered the former president's followers.Musk has described himself as a “free speech absolutist" — but he has blocked Twitter users who question or disagree with him. Regulators have also accused his car company, Tesla, of retaliating against Black workers who spoke up about discrimination.No.
There has been executive turnover since co-founder Jack Dorsey’s departure in November left Twitter with a new CEO, Parag Agrawal, whose initial actions have involved internal reorganizations. There have not been any major changes to Twitter, which, despite its outsized influence due to high-profile celebrity and politician posters, as well as a devoted base of journalists, has fewer users than social media rivals like Facebook and TikTok.
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