The post Elon Musk To Acquire Twitter! Till What Extent Will “Free Speech” Be Permitted? appeared first on Coinpedia Fintech News
In April, Tesla founder Elon Musk signed a contract to buy Twitter but backed out in July due to a reported lack of details on bots and spam accounts. This move by Elon Musk forced Twitter to take legal action against Musk.
However, after fighting a legal battle for months, it looks like Elon Musk has finally decided to acquire the firm at its original price of $54.20 per share.
This has brought mixed reactions from the public. A few believe that Twitter will find stability under his surveillance, while others claim that he might allow dangerous voices like Donal Trump to return.
Earlier in April, Elon Musk had claimed to make a few changes related to free speech, getting rid of spam bots, fake accounts and many more.
Elon Musk’s main focus would be the social media giant’s spam bot accounts. In a TED talk in April in Vancouver, he claimed that if he goes ahead with the Twitter acquisition, he would first eliminate spam and bot accounts.
Elon Musk said these spam and bot accounts make any product worse and that he “will either defeat spam bots or die trying.”
Freedom Of Speech
Earlier in April, Elon Musk had raised support for free speech as he had asserted that even his worst critic should remain on Twitter and said that is the true meaning of free speech. This stance by Musk could also mean the return of Donald Trump, former US president, who was banned for his post on the US Capital riot on Jan 6, 2021.
Next, Musk had also spoken about making Twitter’s algorithm accessible to the public and had even made a poll which received one million votes, and 82% of respondents voted ‘yes’ for the plan.
Though Elon Musk did not reveal his exact plan, it could mean software’s access for the open public to inspect and help improve the network.
The SpaceX founder had also spoken about the edit button and long tweets. However, recently the Twitter platform came up with an edit button feature even before Musk acquired it.
Meanwhile, with Twitter agreeing with the terms it looks like the deal will be closed soon.