The tycoon, who has fired key executives, has pledged to promote “freedom of speech” and make substantial changes to the platform
Tesla and SpaceX CEO Elon Musk has completed the $44,000 million acquisition of the social network Twitter (a similar amount in euros) and executed the resignation of its key executives.
In this way, the company’s shareholders will receive $54.20 for each share and Twitter will become the property of the tycoon, who has already announced his plans to change the social network’s content moderation policies committed to “greater expression of freedom,” according to the report. CNN network.
Musk has repeatedly expressed his disagreement with the social network’s practice of permanently banning users who repeatedly violate its policies from accessing, raising the possibility of users, such as former United States President Donald Trump, returning to the platform. .
Similarly, during an interview in a TED2022 talk, the richest person in the world assured that Twitter’s purchase doesn’t see it as “a way to make money.” “My strong intuitive sense is that having a public platform that is highly trusted and broadly inclusive is extremely important for the future of civilization,” he said.
The closing of the purchase puts an end to months-long swings by the social network and billionaire ahead of the company’s acquisition, as despite agreeing an initial offer, Musk announced months later that he was pulling out of the acquisition over allegations that Twitter -Managers had not responded to their requests.
Tesla’s CEO asked Twitter for the exact number of fake accounts on the platform and how the company should monitor and remove those accounts.
For this reason, and after months of showing his annoyance with the way the social network was being run, the tycoon has fired Twitter’s executive director Parag Agrawal, as well as finance director Ned Segal and head of policy Vijaya. Gadde, CNN collected.
The decision comes just a day after Musk announced to employees on the workforce that he would not lay off 75 percent of employees, as he originally intended.
However, the billionaire’s purchase of Twitter could affect the functioning of the platform, which encompasses much of the political system and media around the world.
Among other things, Twitter could stop moderating some of its content, potentially undoing years of work by the company to tackle misinformation and harassment and create “healthier” conversations on the platform.
Source: La Verdad
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.
