Elon Musk’s desire to shake up content moderation highlights the risks of private ownership of a public square. Opinion by davidzmorris for 'The Node' newsletter.
In some corners of the internet, Elon Musk and Twitter’sis being celebrated for a worrying reason: not because Musk will make Twitter a better company for users, but because he will use his new $44 billion toy as a weapon against his political enemies.
This article is excerpted from The Node, CoinDesk's daily roundup of the most pivotal stories in blockchain and crypto news. You can subscribe to get the fullLet’s leave aside for a moment whether owning the libs is a good thing or not. The real issue is that one man could conceivably control such an important site of public discourse.
It is indeed confusing. Musk first said he was going to buy Twitter back in April, because he was mad about certain people being blocked or banned from the publicly traded social-media site. But then he tried to back out, maybe because the stock market slumped, but also maybe because the whole thing was actually cover for dumping close to $15 billion inabout bots to end the deal and was set to go to trial this month, but he may have finally realized just how terrible his lawyers are.
Ironically, we have reason to trust Musk’s seriousness here because he didn’t announce this on Twitter, but instead sent a letter to Twitter that Twitter thenSo, back to protocols and platforms. The fundamental problem facing Twitter and other social-media sites is that they have, bit by bit, been forced to become editorial decision-makers, including on major topics such as whether to let Donald Trump tweet.
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Icahn, other big-name investors clean up on Elon Musk's Twitter reversalElon Musk’s decision to end his war with Twitter Inc. isn’t just a big win for the social-media company, but also for some big-name investors like Carl Icahn.
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Twitter surges as Musk proposes going through with dealTwitter Inc's stock surged on Tuesday after billionaire Elon Musk proposed to go ahead with his takeover of the social media platform at $54.20 per share.
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Elon Musk proposes to buy Twitter at original offer: reportTwitter shares climbed on Tuesday after billionaire Tesla CEO Elon Musk offered to buy the social media giant at his original $54.20 per share offer.
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Musk offers to end legal fight, pay $44B to buy TwitterBREAKING: Elon Musk is abandoning his legal battle to back out of buying Twitter and offering to go through with his original $44 billion bid for the social media platform.
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Elon Musk offers to end legal fight, pay $44B to buy Twitter after allElon Musk is abandoning his legal battle to back out of buying Twitter by offering to go through with his original $44 billion bid for the social media platform. FOX13
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