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Elon Musk Buys Twitter for $44 Billion & Introduced Plans to Privatize the Firm –

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Everybody had their eyes on Elon Musk after it was revealed that he purchased a 9% stake in Twitter. The transfer was attention-grabbing to many as a result of Musk has been very vocal about his issues relating to the corporate’s moderation efforts. He had joked a number of occasions about shopping for the corporate after which fixing the problems to make it possible for folks acquired to expertise actual freedom of speech.

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Though Twitter rejected claims of a whole buyout and confirmed no real interest in such a suggestion at first, it appears Should has received the battle as he has lastly purchased the corporate for $44 Billion. Musk goals to denationalise the corporate and take enter from its customers i.e. the widespread of us to make the platform higher and an precise instrument of debate that provides transparency and equal alternative to all.

This acquisition has additional given hope to conservatives which have voiced their opinion about being sidelined from the platform. Twitter had began an actual crackdown on accounts and campaigns that had been recognized as threatening, maligning, pretend information, and harassment. Many imagine that this journey to Twitter’s acquisition began primarily based on Musk’s private experiences on Twitter and he had, on a number of events, sought out his followers’ opinions to search out out if additionally they felt the identical. After Jack Dorsey, ex-CEO of Twitter stepped down from his publish in November final yr, this acquisition could result in some notable administration and technique modifications within the coming months.

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