Elon Musk’s takeover of Twitter is not yet complete, but the tech billionaire is already getting involved in the online network’s activities. In an open letter to Twitter advertisers on Thursday, the Tesla boss once again explained his motives for the nearly $44 billion deal and allayed concerns that the platform could become a hotbed of hate speech and hate messages.
Musk tweeted that Twitter should not become a “place of horror” where anything can be said without consequences. The platform should be “warm and welcoming to everyone”. Musk had previously justified the purchase with a desire to strengthen free speech. Critics are concerned that the change in ownership will result in less moderated content on the network, fueling hatred and hate speech. That could deter advertisers.
“I took over Twitter”
The deal has not yet been officially finalized and confirmed by the Twitter group. But the fact that Musk is already meddling in management and speaking in the past tense of buying Twitter points to imminent execution. The transaction must be completed Friday at 5 p.m. local time (11 p.m. CEST) or the deal, which has been disputed for months, will still go to court. This deadline was imposed by a judge to regulate the takeover that has been disputed between Musk and Twitter for months.
Musk had actually reached an agreement about the acquisition with Twitter in April. In July, however, he rescinded the deal over alleged misrepresentations by the company about fake accounts. Twitter filed a lawsuit for compliance with the purchase agreement and a lawsuit was planned to resolve the dispute. Musk surprisingly renewed his offer to buy in early October, but made it a condition that the lawsuit be settled.
Source: Krone
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
