Twitter accepts buyout offer from Musk, giving billionaire control of platform

The social media giant's decision to sell will give major influence over public debate to Musk, who has vowed to overhaul the platform to orient it toward free speech.

Musk's takeover could also nudge other social media giants to censor less content in order to remain relevant, conservatives hope.The deal came to fruition after Twitter’s board had long negotiations with Musk over the weekend regarding his unsolicited bid to buy the company two weeks ago and after he began lining up $46.5 billion in financing for the offer last week.

"The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing," said Bret Taylor, Twitter's Board Chairman."The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders."

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Elon Musk Agrees to Buy Twitter in $44 Billion DealBreaking: Twitter accepted Elon Musk’s bid to take over the company, giving the world’s richest man control over the influential social-media network That's how oligarchs work. The US is pretty close to becoming a copy of Russia AndyAuGustin once asked how Twitter would be profitable…we’re about to find out 🥲 Great but we need to hold to his word, free speech for all! Doesn't matter which side of the aisle you are on. Minimum rules, no hate speech and inciting violence! Twitter and other social media facilitators are not capable of determining 'misinformation'. At least so far!
Source: WSJ - 🏆 98. / 63 Read more »

With intrepid Twitter bid, Elon Musk is in battle with naysayersAlong came Elon Musk, the mercurial, visionary billionaire with a novel idea: Let’s take Twitter private and fix its business problems away from the constant public scrutiny. here are my naked photos First Tesla , it can't be done Space X, it can't be done Twitter, it can't be done Elon : hold my beer.
Source: nypost - 🏆 91. / 67 Read more »