Elon Musk buys Twitter for $44B and will privatize company

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JUST IN: Elon Musk has reached an agreement to acquire Twitter for approximately $44 billion.

Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.

A more hands-off approach to content moderation has many people concerned the platform will become more of a haven for disinformation and hate speech, something it has worked hard on in recent years to mitigate. Musk has described himself as a “free-speech absolutist” but is also known for blocking or disparaging other Twitter users who question or disagree with him.

It won’t be perfect, Musk added, “but I think we want it to really have the perception and reality that speech is as free as reasonably possible.” “Marginalized communities of users are especially vulnerable to the forms of hate and harassment that so often circulate in unregulated online spaces,” she said.

Noteworthy as they are, the SEC matters have no bearing on Musk’s fitness to buy a company, according to St. John’s University business professor Anthony Sabino, making it unlikely that they would represent roadblocks to the takeover.

 

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This is the worst thing that’s ever happened to me.

Congrats to Elon. Freedom of speech to all.

Waste of $

Weak bastards Twitter

This guy

$44 billion to watch the collective left absolutely lose their minds. Thank you Elon, money well spent.

yea but he block people hwo criticize him yea free speech no if protect him he doesnt give fuck free speech

Freedom of speech is back? Maybe jobs too since all the employees that stated they would quit if deal went through.

Meh.

👍

When he blows it up faster than a SpaceX rocket and I can get off this hellsite

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