[VIDEO] Elon Musk to me is not a committed right winger, however, the idea of free speech for a well known social media platform which has the ability to set the news cycle is too much for some. Pool also notes that the "blue check journos" that is those who are marked as verified on Twitter are freaking out.
Well there is a school of thought that Twitter needs more moderation not less, problem is well what are they moderating? How as they moderating? The charge made against Twitter is that they tend to moderate things they don't want to see for example in my case they created an excuse to prevent me from sharing a link.
Anyway here's an article to read from Dateline:
Twitter and Elon Musk are said to be close to clinching a sale of the social media giant to Elon Musk after the Tesla CEO came through with finanancing late last week.
According to media reports, Intense meetings over the weekend could lead to a deal being announced as early as this week — even today. The Twitter board had initially backed away from the surprise bid amid doubt around Musk’s financing and likely concerns about about his stewardship of the platform, which he wants to be much freer of content moderation and allowed to function as an entirely open, “public square.”
Musk made his $54.20-a-share cash offer to Twitter on April 13 after amassing a stake of 9.1% of the company and first toying with then scrapping the idea of joining its board. In response, Twitter said it was considering the offer but quickly adopted a poison pill, or shareholders rights plan, that would make a hostile takeover more difficult.
Musk then announced he’d assembled financial commitments worth $46.5 billion to buy the company and said he was considering a tender offer – or going over management’s head to make his bid directly to shareholders.”
The financing includes commitments from Morgan Stanley and other financial institutions for, respectively, $13 billion and $12.5 billion. An equity commitment from Musk himself would cover the amounts not funded by those two, currently expected to be approximately $21 billion.
Question: What changes are in store for Twitter once Musk finally buys the company and take it private? Will Trump's account be restored making that site more relevant again?
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Comments are now moderated because one random commenter chose to get comment happy. What doesn't get published is up to my discretion. Of course moderating policy is subject to change. Thanks!