on 5 AprilthThe world, already stunned by the dire consequences of the war between Russia and Ukraine, was even more shocked by the announcement that Elon Musk had become a board member of the microblogging site, Twitter. In the coming weeks, this surprising effect grew even more when news broke that Musk had proceeded to buy 100% of the company’s shares in exchange for a whopping $44 billion in cash. A deal that would be ranked as one of the largest buyers was just signed. Considering how much the deal has been discussed in the media and the microblogging site has a huge following across planet Earth, there’s a lot of curiosity among many about what’s going to happen after this acquisition. In case you are one of these people, know that there is no better place for you than on this page as we will walk you through everything that is happening. However, in order to do that, we first need to examine the two sides involved in this massive event – Twitter and Elon Musk.
What is twitter?
A bit of history lesson being thrown in here, but what constitutes Twitter 21. happened onscheduled tribe March 2006. This means that it has been able to dominate the market for a decade and a half. Today, it has over two hundred million followers.
As stated earlier, Twitter is a microblogging site – an online platform for people to blog about whatever they want so that a global audience can read and be influenced by it. Also, it can also be called a social networking site because people get a chance to interact with each other in many ways. These methods include, but are not limited to, commenting on each other’s microblogs (commonly known as Tweets), following and private messaging other Twitter users. Posted tweets can be about anything from politics to sports to pop culture. In addition to Tweets, people can also interact with others by creating a Twitter space. As long as everyone involved has access to quality Internet such as Xfinity Internet, Twitter Spaces prove to be an excellent means of video communication between large numbers of people. As movements such as #BlackLivesMatter and #MeToo grew in popularity, people began to pressure the platform to begin investing in the policing of bad content that could potentially have racist and/or sexist undertones. Twitter listened and started doing so. Apart from such policing, action was also taken on giving wrong information on behalf of Twitter. The biggest example of this would be the permanent removal of Donald Trump’s account from Twitter after it was concluded that he was tweeting untrue material or, in his own words, spreading “fake news”.
Who is Elon Musk?
Elon Musk is the richest man in the world. Before he spent $44 billion buying Twitter, he had a net worth of over $300 billion. Also, he had established several times that he was a big fan of free speech. In fact, this fantasy of free speech is probably at the center of Elon Musk’s buy-out of Twitter and all the news surrounding it. People are hoping that they will revoke all restrictions imposed by Twitter to control expression. Below, we have listed the key measures he is expected to take.
bring back trump
In an interview at the Future of the Car event, which preceded the eventual transfer of ownership of Twitter, Musk said he would reverse Donald Trump’s expulsion from Twitter. He said that this action was foolish as it only increased the voice of the controversial former president among his followers and thus, led to further polarization of the society. He further said that, although temporary suspension of harmful accounts and removal of inflammatory tweets was allowed, a permanent ban on any account was not good. He also used strong phrases like “morally wrong.”
Strict action on bots
Judging by Mr Musk’s statements, the lack of a permanent ban on human accounts would be accompanied by an increase in the perpetual removal of accounts run by bots. Elon has talked about this on several occasions, including the Future of the Car event mentioned in the previous paragraph.
Overall, we can expect less censorship of tweets as well as comments on them. People will be able to post things that are considered politically incorrect by the current Twitter administration led by Parag Agarwal.
We hope this article has helped you understand the impact of Elon Musk’s acquisition of Twitter.