ICYMI: Here’s how Elon Musk could change ‘Crypto Twitter’
The $44 billion-odd deal, the rumblings of which began late this weekend, closed the book on the theatrical swirl around the billionaire entrepreneur's efforts to acquire the social media site he uses so assiduously. The deal will see Musk, who already runs the electric automaker Tesla and private space contractor SpaceX, take the reins at Twitter, which was founded in 2006. Musk became a user in mid-2009.
“Frankly, a top priority I would have is eliminating the spam and scam bots and the bot armies that are on Twitter,” Musk said. “They make the product much worse. If I had a dogecoin for every crypto scam I saw, I would have a hundred billion dogecoin." But it's a complicated problem. Musk is very likely not going to toss the whole system in the trash and create digital Wild West, given possible opposition by Twitter's board and the larger risk of allowing violent and sexually exploitative content to spread unfettered.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk buys Twitter for $44B — crypto industry reactsThe social media giant quoted Elon Musk as saying “free speech is the bedrock of a functioning democracy, and Twitter is the digital town square.”
Read more »
Twitter Insiders: Elon Musk Is About to Learn That Space Travel Is Easier Than TwitterJeff Bezos has The Washington Post, now Elon Musk will have Twitter. Billionaire vanity projects are good for the ego—but Musk is about to learn that managing a tech platform is about a lot more than shitposting through the culture wars.
Read more »
Elon Musk Buys Social Media Giant: What This Means For Crypto TwitterElon Musk will acquire popular social media platform Twitter for $43.4 billion. The Tesla and SpaceX CEO has long used the platform to promote crypto assets like Dogecoin and Bitcoin, post memes, and get himself in trouble with the SEC. Musk aims to launch “new features,” “increase trust” by...
Read more »
UPDATE: Elon Musk Acquires Twitter After Board Accepts Buyout Offer; Wants 'To Make Twitter Better'The Twitter board Monday voted to accept a takeover offer from Tesla CEO Elon Musk in a deal at $46.5 billion.
Read more »
Reports of Elon Musk possibly purchasing Twitter prompts another left-wing eruption: 'RIP Twitter'Reports that Twitter is nearing a possible deal to sell itself to Elon Musk have set off a new wave of teeth-gnashing on the left.
Read more »
Elon Musk to buy Twitter in $44 billion dealTwitter said Monday it has agreed to sell itself to Elon Musk in a roughly $44 billion deal that has the potential to expand the billionaire's business empire and put the world's richest man in charge of one of the world's most influential social networks.
Read more »