Everything about twitter elon musk news

The Hazard that Twitter now faces is that unfettered cost-free speech on social media may become pretty unsightly, in a short time.

Due to the fact taking over Twitter in October 2022, Musk has restored controversial conservative accounts whilst simultaneously banning journalists and penalizing accounts significant of him.

In the long run, the board and Musk could arrive at a payment agreement in as several as a few months that leaves both sides happy, Ives explained, including the transfer would make sure some seen by many for a tech visionary would guide "the new period of AI technologies coming to Tesla."

On Saturday, European policymakers arrived at an agreement on landmark new legislation, called the Electronic Services Act, which necessitates social media platforms like Twitter to far more aggressively law enforcement their products and services for dislike speech, misinformation and illicit content.

That's a big stake, Specially considering that Musk marketed tens of billions of dollars worthy of of his shares in Tesla in 2022, largely to finance a $44 billion leveraged buyout of Twitter.

Lauren Hirsch: Something that he has actually been relatively vague on is the particular organization model at Engage in and how he’s trying to earn money. I had been considering many of the old numbers that Twitter introduced in when it had kind of looser insurance policies close to written content, and they actually began to stall in profits and commenced to lose customers.

.@elonmusk’s offer to acquire Twitter is an effective offer for shareholders and raises the prospect that the platform will probably be a spot in which cost-free speech can prosper, not a Device for narrative enforcement.

One particular Twitter crew began making a economical design to show the cost of the layoffs. Yet another built a design to reveal how far more Mr. Musk may read more possibly fork out in authorized expenses and fines if he proceeded Using the rapid cuts, 3 men and women said.

Musk, who describes himself as a "free speech absolutist," has characterized the acquisition of X being an work to ascertain a digital town square unencumbered by boundaries on expression.

“Unfortunately, there’s a segment from the inhabitants that could not normally have that chance due to the unbelievably superior expense of entry,” he claimed.

But then, Mr. Musk detailed the economic commitments from banking companies to aid finance his offer you, marking a turning point during the negotiations. A deal has now been agreed upon, and buyers Consider that there's small to halt it from taking place.

At some time Mr Musk observed: "A whole lot of individuals will be Tremendous unsatisfied with West Coast superior tech since the de facto arbiter of totally free speech."

In 2018 US economic regulators accused him of deceptive Tesla traders together with his tweets, promises which were solved in a very $forty million settlement Which Mr Musk proceeds to deny.

A US labour agency says the employees sent an open up letter to SpaceX executives, detailing workplace considerations.