Amazon founder raises concerns after Tesla boss strikes $44bn deal to buy social media platform.
The Musk takeover has been unexpected and controversial among Twitter employees. The tweet said China may now have a way of holding leverage over “My own answer to this question is probably not.
Twitter has fewer users and less money than many of its social media peers, but it has captured the attention of an influential group of users — including ...
I don’t care about the economics at all,” he said. The Tesla CEO is putting up a significant portion of his wealth to back the deal. After activist investor Elliott Management took a stake in the company in 2020, Twitter announced ambitious goals to boost its business, including increasing user growth and doubling its annual revenue by 2023. “Trump had a relationship with Twitter where he was really good at using the platform to get attention in his presidential campaign and then through the end of his presidency,” Porter said. Experts said Musk is not wrong to target Twitter if he wants to have an impact on public discourse. Twitter had a humble 338.6 million monthly global users last year, according to the estimates.
Political leaders have made it a megaphone, while companies, celebrities and others have used it to hone images and make money. Editors' Picks. Sweet and ...
Mr. Agrawal was asked by employees whether former President Donald J. Trump, who was banned from the service after the Jan. 6 riot at the Capitol, would be reinstated. Employees would receive their same benefits packages for a year after the deal was finalized, and there were no immediate plans for layoffs, he added. Mr. Musk has repeatedly said he wants to “transform” the platformby promoting more free speechand giving users more control over what they see on it. Executives tried to assure employees that they wouldn’t be shortchanged by Mr. Musk’s acquisition. Shareholders will vote on whether to accept the deal. He also urged employees to “operate Twitter as we always have.”
Four years ago, Twitter cofounder and then-CEO Jack Dorsey laid out four key focus areas that would propel the company's growth.
But with Musk, "it feels like ... we have to go and re-educate another kind of billionaire, libertarian, man-child that [Twitter] is the real world ... I would hope he can see the difference between you know, being a douche and being dangerous." Each of the major social media platforms have faced pressure from lawmakers, researchers and the public to do more to crack down on abuse, harassment and misinformation, and have taken different approaches with varying degrees of success. It does not mean free speech for the less powerful," said Leslie Miley, a former Twitter engineering manager who started its product safety and security team and left the company in 2015 "I think people don't understand how much we have to lose." She now worries the progress she and other users have pushed for on Twitter will be reversed. that under Musk's leadership, Twitter could "further become a terrain of culture wars. . "[Musk] says he wants to make it a free speech platform. Still, Musk's experience of using Twitter as an ultra-rich, White man, is inherently different than that of most users, and especially those who are women or from other marginalized communities Twitter has tried to protect and who now may be at risk if its moderation policies are rolled back. Musk and others have pointed out that most of Twitter's board has little experience actually using the platform. But obviously in the case where there's perhaps a lot of controversy, you would not necessarily want to promote that tweet." Beyond potentially alienating employees who have worked on or support efforts to improve content moderation on the platform, undoing Twitter's progress on "healthy conversations" also risks losing users at a time when the company has been fighting to reverse sluggish growth. Musk has a mixed reputation in the tech industry.
Industry analysts say it's not a stretch to think Musk might move Twitter's HQ to Austin, which has become a focal point for his companies.
"Other than the fact that Musk is moving everything he's got (to Austin), there's no obvious reason to take a company which is virtual, from the very beginning, born in the cloud, to create a physical location," Kay said. Last year, CEO Parag Agrawal announced in a tweet that employees would have the option of working remotely "forever." This could also have an impact on those employees who have relocated to other areas and whether they would be willing to continue with the company if that happens." Companies and employees relocating to Austin would likely enjoy a lower cost of housing, energy and living than many markets, including many in California.” "It's all part of the Musk structure." Musk late last year announced that he was moving Tesla's corporate headquarters from California to Travis County, on the site of the automaker's $1.1 billion manufacturing plant, which recently began production.
Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the social media ...
Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts. Eventually he became CEO and led the company to astronomical success as the world’s most valuable automaker and largest seller of electric vehicles. But much of his money is tied up in Tesla stock – he owns about 17% of the electric car company, according to FactSet, which is valued at more than $1 trillion – and SpaceX, his privately held space company. Truth Social is part of Trump’s new media company, which has agreed to be taken public by Digital World Acquisition Corp. Shares of DWAC dropped 16.2% Monday and are down 46% since Musk revealed his stake in Twitter. The SEC has been investigating Musk’s August 2018 tweets in which he asserted that he’d secured funding to take Tesla private for $420 a share, though he had not. With initial concerns of its own about the deal, Twitter had enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. During his candidacy and presidency, Trump used Twitter as a powerful megaphone that enabled him to speak to the public directly, often using incendiary and divisive language on hot-button issues. Some users said Monday that they were planning to quit the platform if Musk took it over. Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal. So obviously there are some limitations on free speech in the US, and, of course, Twitter would have to abide by those rules.” Asked during a recent TED talk if there are any limits to his notion of “free speech,” Musk said Twitter or any forum is “obviously bound by the laws of the country that it operates in. “Do not allow 45 to return to the platform.
His commitment is getting a mild test thanks to a fellow tech billionaire / rocket enthusiast / media mogul. Jeff Bezos quoted a New York Times reporter's tweet ...
Did the Chinese government just gain a bit of leverage over the town square?.” Of course, as Elon once told me, “ Twitter is fun,” and maybe this is just how billionaires joke, like poking each other on Facebook or something. Jeff Bezos quoted a New York Times reporter’s tweet pointing out that Tesla’s business interests in China could give the government leverage over Twitter via its new owner, saying, “Interesting question.
Bruselas (AFP) – La red social estadounidense Twitter, que está en proceso de ser comprada por el empresario Elon Musk, "tendrá que adaptarse totalmente a ...
"Tenemos ahora una regulación y es muy clara. Pero "no es su reglamentación la que se impondrá en Europa sino la nuestra a la que tendrá que adaptarse" la plataforma, añadió. En el centro del proyecto figuran nuevas obligaciones impuestas a las "más grandes plataformas" que tengan "más de 45 millones de usuarios activos" en la UE, entre las que figura Twitter.
EU officials Cedric O and Thierry Breton warned Elon Musk he will have to comply with the bloc's new Digital Services Act. Musk wants to reform Twitter as a ...
Breton, a former CEO of French IT consulting firm Atos, is seen as a key architect of the European Union's digital reforms. Companies that fall foul of the rules risk facing fines of up to 6% their global annual revenues — just over $300 million for a company like Twitter, based on 2021 sales figures. For his part, Trump says he doesn't plan to return. Thierry Breton, the European commissioner for the internal market, warned Musk that he will have to comply with the bloc's new digital regulations. But officials stateside have raised concerns over the possibility of Musk reinstating Donald Trump's Twitter account. Cedric O, France's digital minister, said that while there are "some interesting things" Musk wants to push for at Twitter, the EU's new Digital Services Act "will apply regardless of the ideology of its owner."
>> Con respecto a las preguntas sobre si Musk restablecerá la cuenta de Donald Trump, el director ejecutivo Parag Agrawal dijo a los empleados: “Una vez que se ...
Las opiniones cambiantes se producen justo cuando Musk está a punto de apoderarse de Twitter, predominantemente de tendencia demócrata. Una encuesta del Pew Research Center del verano pasado revela que el 67% de los usuarios de Twitter se inclinan por los demócratas en comparación con el 30% que se inclinan por los republicanos. >> ¿Cuál será el papel de Jack Dorsey? El lunes por la noche, tuiteó que “el objetivo de Elon de crear una plataforma que sea ‘máximamente confiable y ampliamente inclusiva’ es el correcto. Ahora Musk llega a ser su hechicero”. >> “¿Para qué cree Musk que sirve Twitter?”. Eso es lo que preguntó Casey Newton en su boletín informativo Platformer el lunes por la noche. Musk simplemente vio eso y aprovechó su oportunidad”. “No tengo idea de cómo será Twitter bajo el liderazgo de Elon y tú tampoco. Este es también el objetivo [de Agrawal] y por lo que lo elegí. Gracias a ambos por sacar a la compañía de una situación imposible. Espero que nuestro nuevo propietario lo entienda”. Es posible que Musk no tome el control de Twitter hasta el otoño. La respuesta breve es que es demasiado pronto para decirlo. Esto es lo que sabemos, en ráfagas de tuits: >> En EE.UU., las reacciones ideológicas al acuerdo se desviaron en gran medida de líneas predecibles.
Full coverage of Twitter's deal to sell itself to Elon Musk and earnings from Microsoft and Alphabet.
While the deal would heighten Twitter’s future credit risk, it could be good news for the company’s current bond holders. The firm said it would likely cut the rating by multiple notches if the deal goes through as expected. Elon Musk’s takeover plan for Twitter Inc. entails piling at least $13 billion of new loans onto the social-media company’s balance sheet, which would drop its credit rating deeper into junk territory, according to analyst reports.
The company's board and the Tesla CEO are said to be hammering out the final details of his $54.20 a share bid.
But Musk’s financing plan and the board’s willingness to entertain “constructive conversation” makes a deal more likely, according to Angelo Zino, an analyst with CFRA Research. And internally, Twitter employees have raised concerns about Musk’s potential effect on the culture. Musk took a more than 9 percent stake in Twitter earlier this year, leading to two wild weeks of back-and-forth with the company. Twitter had seemed poised to reject the Tesla CEO’s unsolicited offer of $54.20 a share for the social media platform. The two sides were discussing such details as a timeline to close a potential deal and any fees that would be paid if such an agreement later fell apart, according to the report. Musk is worth about $259 billion according to the Bloomberg Billionaire’s Index, but much of his wealth is tied up in stock.
Before Twitter accepted Musk's $44 billion offer, he has floated numerous ideas for changing the social network. Not all of those proposals have been ...
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El acuerdo culmina un ciclo de noticias vertiginoso en el que el CEO de Tesla y SpaceX se convirtió en uno de los mayores accionistas de Twitter, se le ofreció ...
Twitter debe transformarse en una empresa privada". El acuerdo pondría al hombre más rico del mundo a cargo de una de las plataformas de redes sociales más influyentes del mundo. "Invertí en Twitter porque creo en su potencial para ser la plataforma para la libertad de expresión en todo el mundo, y creo que la libertad de expresión es un imperativo social para una democracia que funcione", dijo Musk en su carta de oferta a Twitter. "Sin embargo, desde que hice mi inversión, ahora me doy cuenta de que la empresa no prosperará ni cumplirá con este imperativo social en su forma actual.
La junta directiva de Twitter acordó este lunes aceptar una oferta de compra por valor de US$44.000 millones realizada por el multimillonario Elon Musk.
La empresa finalizó 2021 con más de 200 millones de usuarios diarios en todo el mundo, un 13% más que el año anterior. "Twitter tiene un enorme potencial. Twitter respondió implementando la llamada defensa de la "píldora venenosa", creando dificultades para que Musk pudiera aumentar su participación en la empresa. A principios de abril se supo que el multimillonario se había convertido en el principal accionista de la empresa con una participación del 9,2%. Bret Taylor, presidente de la junta de Twitter, dijo que la junta había llevado a cabo un "proceso integral" para evaluar las propuestas de Musk para la empresa. "La libertad de expresión es la base de una democracia para que funcione y Twitter es la plaza pública digital donde se debaten asuntos vitales para el futuro de la humanidad", dijo Musk en el comunicado en el que anunció el acuerdo.
Twitter agreed to be taken over at $54.20 a share, a 38 percent premium over the share price before it was revealed that Mr. Musk had been buying up the ...
Mr. Musk has said he wants Twitter to fulfill its “societal imperative” as a platform for free speech. Elon Musk made a centerpiece of his bid for Twitter the need to restrain what he sees as overly aggressive content moderation policies that limit what people can say on the site. Mr. Musk announced a deal with Twitter Monday morning after announcing that he had lined up $46.5 billion in financing for his takeover bid. Over the weekend, as negotiations for his takeover of Twitter were approaching their final stages, Elon Musk took a shot at fellow billionaire Bill Gates in a series of high-profile tweets. That’s not far below the $54.20 price agreed to in the deal with Mr. Musk, which shareholders will receive when the acquisition is made official and Twitter becomes a private company. In a statement on Monday, Mr. Musk said he would focus on “new features, making the algorithms open source to increase trust, defeating the spam bots and authenticating all humans.” The biggest question Wall Street has been asking since Elon Musk said he wanted to buy Twitter was: How would he fund such a deal? Twitter users voiced a mix of excitement, worry and skepticism on Monday about Elon Musk’s takeover of the site. It would be the largest deal to take a company private — something Mr. Musk has said he will do with Twitter — in at least two decades, according to data compiled by Dealogic. “Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it.” By taking the company private, Mr. Musk could work on the service out of sight of the prying eyes of investors, regulators and others. As a social network, Twitter is an influential platform that sets the agenda for many in business, politics and society.
The $44 billion purchase of the social-media company is a gamble that could break Silicon Valley's culture of progressive conformity.
- Opinion: The Strategic Logic of Russia’s War on Ukraine You may cancel your subscription at anytime by calling Customer Service. That amounts to roughly 10% of his net worth, going by the Forbes estimate.
El empresario Elon Musk llega a un acuerdo para adquirir Twitter por aproximadamente 44.000 millones de dólares, prometiendo una postura más indulgente ...
No permita que Twitter se convierta en un caldo de cultivo para el discurso de odio, o para falsedades que trastornan nuestra democracia”. “La desinformación, la información inexacta y el discurso de odio no tienen lugar en Twitter”, manifestó esa organización de defensa de los derechos civiles. Así que obviamente existen algunas limitaciones a la libertad de expresión en Estados Unidos y, desde luego, Twitter tendría que operar bajo esas normas”. El acuerdo se concretó aproximadamente dos semanas después de que Musk reveló por primera vez la adquisición de una participación del 9% en la red social. Al preguntársele durante una reciente charla TED sobre si existen límites a su idea de “libre expresión”, Musk dijo que Twitter o cualquier otro foro “obviamente está regido por las leyes de los países en los que opera. Musk cree que puede aumentar los ingresos mediante suscripciones que les brinden a los usuarios de paga una mejor experiencia, tal vez incluso una versión libre de anuncios.
El hombre más rico del mundo, Elon Musk llegó a un acuerdo para adquirir Twitter por unos $44000 millones, informó la empresa el lunes. Lea también: Elon...
Musk es la persona más acaudalada del mundo, con un valor estimado, según la revista Forbes, de $279,000 millones. La semana pasada, Musk dijo que había asegurado $46,500 millones en financiamiento para comprar Twitter, ejerciendo presión sobre la junta para negociar un acuerdo. Twitter había adoptado medidas para impedir una compra haciéndola prohibitivamente costosa.
Musk, the C.E.O. of Tesla and the richest man on earth, plans to take the social-media company private, and has said that he wants Twitter to adhere more ...
And I think people are recognizing that Elon Musk has created a lot of value for his companies by being unhinged on Twitter. And I think there are imitators, and I think we’re kind of early in the game. If you are the richest person in the world, and annoying, and you constantly play a computer game, and you get a lot of enjoyment and sense of identity from that game, maybe a little addicted, then at some point you might have some suggestions for improvements in the game.” At one level, this is a more personal account of his desire to buy Twitter. And then there is the more financial, or business, account, which you have just explained. But, at the same time, it almost seems like it’s impossible to disaggregate those two things, unless you think that all of his behavior is some elaborate performance or something, which I don’t think anyone really believes. He might say, “Look, I get so much value out of this direct access to the public.” Owning that direct access to the public—owning that thing that creates so much value for Elon Musk and Tesla—it has to be valuable somehow, whether it’s by increasing the value that it creates for Tesla, or whether it’s by finding a way to monetize the value that it creates for sports stars and celebrities and Donald Trump and lots of other people. It’s not obvious how the company would, but if you’re sitting on top of a thing that can create that much value, surely, if you’re really smart then you can extract some value out of it. And those expectations are probably helped by having a charismatic, noisy founder who makes a lot of jokes online and is sort of a science-fiction character himself, and portrays himself as a science-fiction character, and who appeals to people who like that by making jokes. The value of his company is enhanced by his being a very strange public figure on Twitter, and so he clearly sees a lot of value in tweeting, and probably wants to own that for himself. And the stock-market value of Tesla, which makes Elon Musk the richest person in the world, comes from a lot of extreme optimism about Tesla’s future ability to make more cars and become the dominant player in car-making as cars become more electric. And so the value of these companies in the market is largely derived from expectations around how much money they’ll make in the future, as opposed to how much money they’ve made in the past. It’s not obvious to me how, if he bought Twitter, he would then be better able to get his message out, or better able to tell a story in a way that is good for Tesla and good for his economic interests. So how much do you connect Tesla’s worth to Elon Musk as a person and the way he orients himself toward the world, especially on Twitter? To talk about Musk and what the future holds for his newest acquisition, I spoke by phone with Matt Levine, a Bloomberg Opinion columnist who has been comprehensively reporting on and analyzing this story over the past month in his newsletter.
After Twitter agreed to a buyout deal from Tesla and SpaceX billionaire Elon Musk, Musk outlined a series of plans for changing the platform.
Even if a name isn’t revealed to other users, collecting information on real identities offers a trove of information for governments to request, and it’s vulnerable to hacks or security flaws. It could refer to people having to pass some kind of captcha-style “am I a human” test to post — although, as with spambot bans, if there were an easy way to do this without affecting good-faith users, Twitter would probably have done it already. Musk has indicated that “spam and scam bots” and “bot armies” are Twitter’s new Public Enemy No. 1. Bots are a long-standing and beloved part of Twitter, and separating a good bot from a bad bot might be harder than Musk thinks. In a TED interview, he indicated that Twitter should “match the laws of the country,” which suggests he could continue practices like region-locking certain content and follow rules like India’s social media regulations. And a strict automation crackdown could block bots that perform interesting and valuable services on Twitter — like Big Tech Alert, which tracks who Silicon Valley’s big players (including Musk) are following and unfollowing, or Editing TheGrayLady, which illuminates how The New York Times tweaks its headlines and copy over time. But virtually every site that claims a “free speech” banner ends up banning something that makes it deeply unpleasant for users, advertisers, or the site owners themselves — so it’s premature to say how far his commitment will go. Musk has a lot more leeway over changing Twitter’s policies around what kinds of content are banned, of course, and when users are suspended. He’s indicated that he would rather err on the side of “time-outs” and leave borderline content online. Online speech is a minefield, and if Musk really intends on a minimally moderated Twitter worldwide, he could expect huge fights in countries that restrict things like hate speech and false information. “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” he said. “I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.”
Nota del editor: Kara Alaimo, profesora asociada en la Escuela de Comunicación Lawrence Herbert de la Universidad de Hofstra, escribe sobre temas que ...
Y, si el abuso empeora, tendrá un efecto profundo en el tipo de discusiones que ocurren en la plataforma. Una investigación de Pew señala que, si bien es mucho más probable que las mujeres usen Facebook e Instagram que los hombres, es menos probable que utilicen Twitter y Reddit. Precisamente estas son dos plataformas que se han vuelto famosas por el troleo que allí sucede. Y es probable que las primeras personas en huir sean aquellas que reciben lo peor: mujeres y personas de color. En una entrevista durante la conferencia TED a principios de este mes, Musk dijo que quería mantener la mayor cantidad posible de discursos legales en la plataforma y no deseaba expulsar usuarios. Pero, en el mejor de los casos, también podría motivar la creación de otras redes sociales que sean lugares más seguros y saludables para todos nosotros. Fue portavoz de asuntos internacionales en el Departamento del Tesoro durante la administración Obama. Síguela en Twitter @karaalaimo. Las opiniones expresadas en esta columna pertenecen exclusivamente a la autora.
The announcement ends a weeks-long saga Musk kicked off when he offered to buy the company at $54.20 per share, his "best and final."
Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it." The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders." The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter. He also said he generally would prefer "time-outs" to permanent bans, which could suggest a path for former President Donald Trump to rejoin the platform under Musk's control. Upon completion of the transaction, Twitter will become a privately held company. The SEC declined to comment on Musk's remarks at the time. Despite his being the world's richest person, much of his wealth is tied up in Tesla stock, meaning he would likely have to borrow against his holdings to fund the deal. Musk's interest in Twitter comes from his own frequent use of the platform. The plan would dilute that person's holdings in a strategy commonly employed to prevent unwanted acquisitions. The announcement ends a weekslong saga Musk kicked off when he disclosed a large stake in the company. Twitter would become a private company on completion of the deal, which requires shareholder and regulatory approval. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans.
El patrimonio neto de Elon Musk, CEO de Tesla y SpaceX es ahora de unos estratosféricos US$ 300.000 millones, según Forbes.
Es la persona más rica de la historia, según Forbes. hasta su muerte en el 14 n. ¿Es Musk un aficionado de los deportes? n. e. Y la riqueza de Musk es apenas unos US$ 35.000 millones menor que el producto interior bruto de su Sudáfrica natal, cuyo PIB es de US$ 335.000 millones, según el Banco Mundial. El patrimonio neto de Musk supera los PIB de Colombia, Finlandia, Pakistán, Chile y Portugal. La riqueza de Musk también vale mucho más que las fortunas combinadas de los antiguos CEO de Microsoft, Bill Gates (US$ 136.000 millones) y Steve Ballmer (US$ 100.000 millones), así como de los cofundadores de Google Larry Page (US$ 120.000 millones) y Sergey Brin (US$ 115.000 millones).
El multimillonario sudafricano ha dicho que quiere ver más "libertad de expresión" en la red social, y que haya menos moderación.
En mi observación no científica, por cada tuit de bienvenida a Musk, parece haber otro que amenaza con irse. El principal modelo comercial de Twitter se basa en anuncios, y Musk quiere cambiar eso. Ya tiene mucho, y los multimillonarios pueden darse el lujo de tener diferentes prioridades. Elon Musk ama Twitter. Tiene una enorme audiencia de 87 millones de seguidores. ¿Cómo me atrevo a sugerir algo semejante? En un principio, la historia de Twitter y Elon Musk se siente como una historia de amor no correspondido.
Elon Musk has said he wants to promote free and open speech on the service, which he has said he sees as an essential place for sharing viewpoints.
Here’s what he’s said about his plan and how fast he could change things. Musk offered $54.20 per share for Twitter and outlined his plan to secure $46.5 billion to finance his deal.
The outspoken Tesla CEO, the world's wealthiest person, has said he wants to buy Twitter because he thinks it's not living up to its potential as a platform ...
The world's richest man succeeded in a bid to acquire the influential social networking service, which he has said he wants to take private.
Que Elon Musk haya comprado Twitter no hace más que subrayar 2022 como el año en que están cristalizando cambios decisivos.
Tesla chief executive, the world's richest person, wins fight to take over influential social network for $44bn. Tesla and SpaceX CEO Elon Musk.
El multimillonario Elon Musk llegó a un acuerdo para adquirir Twitter por aproximadamente 44.000 millones de dólares, informó la empresa el lunes.
Pero cuando Musk explicó los compromisos financieros que hizo para respaldar su oferta de 46.500 millones de dólares —y no surgieron otros compradores— la junta inició las negociaciones con él. Musk se describe como un “absolutista de la libertad de expresión”, aunque no ha aclarado exactamente a qué se refiere con eso. Sin embargo, el mismo Musk con frecuencia bloquea a usuarios de redes sociales que lo han criticado a él o a su empresa y ha usado la plataforma para amedrentar a reporteros que han escrito artículos en que lo critican a él o a su compañía.
Jeff Bezos has The Washington Post, now Elon Musk will have Twitter. Billionaire vanity projects are good for the ego—but Musk is about to learn that ...
Musk was going to join the board of Twitter. Then he wasn’t. Then he was going to buy the company. One person I spoke to who is close to Musk speculated that he had not originally set out to buy the company last month when he began purchasing Twitter stock, and that he had fully intended to join the board of Twitter with the hopes that he could effect change at the social network. If this was the case, the last thing Musk would want is to be told by someone else what he can and cannot say publicly, especially on his favorite communication tool of choice. But along the way, something happened that had set him off—perhaps, this person speculated, he was told that he would not be able to tweet critically of Twitter if he was a board member there. As this was all happening, Twitter was reining in the accounts of people who were using the platform for ill, and started to ban certain accounts, and Musk started to grow frustrated by the fact that “West Coast high tech” was becoming the “de facto arbiter of free speech.” In the news release announcing the deal, Musk said, “Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated.” He added that “Twitter has tremendous potential–I look forward to working with the company and the community of users to unlock it.” A few days later, on March 26, Musk said (on Twitter) that he was “giving serious thought” to building his own social media network, where free speech would be the central thesis of the platform. Musk was given a social-media minder (an "experienced securities lawyer"), who was supposed to police what he had to say. And he’s become increasingly dependent on Twitter as a marketing tool for product releases, as a place to pick fights with detractors of his companies and to just generally fuck with people. A platform that has helped lead to heroic movements that have changed culture but also helped drive division and vitriol globally for the past 16 years. At times, he’s called the platform a “war zone,” and on numerous occasions has said he’s taking a break from using it, only to return a few days (or sometimes hours) later. Twitter said in a statement that the deal was “unanimously approved by the Twitter Board of Directors,” and that it is expected to close sometime in 2022, once it has gone through regulatory approval.
Elon Musk bought Twitter today for a purchase price of $54.20 a share, in the name of "free speech" — while Twitter employees took to Slack to voice ...
Musk already leads Tesla and SpaceX and the Boring Company and Neuralink; presumably he will not be spending eight hours a day on Twitter. Agrawal said today he intends to stay with the company through the close of the deal; he would seem to be in line for a $39 million payout if and when Musk replaces him. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.” In the meantime, the other big question looming over all this is who will run Twitter day to day. More recently, Dorsey oversaw efforts to both make the company a platform for “healthy conversation” and to turn it into a decentralized protocol. In this moment, he is still a mostly blank canvas on which people can project their hopes (like the Republican members of Congress tweeting “ free speech is making a comeback”) and their fears (like those Twitter employees in Slack). All we have to go on is a series of cryptic tweets and statements that are short enough to allow for wide interpretation. That could enable different users to choose different styles of content moderation, while effectively turning the core service into an enterprise software product. Twitter has long been an underperformer, and former executives I spoke with today were relieved that the company now has a real chance to make radical change. “It’s a question that has vexed users since the creation of the service.” Some employees I’ve spoken with are open to the idea that a private Twitter run by Musk stands a better chance of improving the service than would a public company beholden to its shareholders. Everybody who’s ever been in control of Twitter has had a different answer to that question,” one former executive told me today. Agrawal did say there would not be layoffs in the near term, though he would not comment on whether there would be a hiring freeze.
The $44 billion purchase of the social-media company is a gamble that could break Silicon Valley's culture of progressive conformity.
But it will be fascinating to watch Mr. Musk try to break Silicon Valley’s culture of progressive conformity. “I hope that even my worst critics remain on Twitter,” Mr. Musk tweeted Monday, “because that is what free speech means.” How supervillainous of him. Does Mr. Musk realize he’s walking into a hornet’s nest? Yet Silicon Valley’s tech lords have decided they want to be arbiters of speech on political topics like climate change and the origins of Covid. A former CEO of the social site Reddit called for government regulation “to prevent rich people from controlling our channels of communication.” That line was published in an op-ed at the Washington Post, which is owned by the noted pauper Jeff Bezos. On Monday he mentioned “enhancing the product with new features,” as well as “authenticating all humans.” - Opinion: The Strategic Logic of Russia’s War on Ukraine Then Mr. Musk announced financing and began calling big shareholders to make his pitch. That amounts to roughly 10% of his net worth, going by the Forbes estimate. Mr. Musk at a conference this month seemed to muse about permitting any tweet that’s legal. As collateral on debt, Mr. Musk would also pledge about a third of his Tesla stake. Before his stake became public, Twitter was trading near $39. The company’s board at first seemed poised to reject the deal, and it adopted a poison pill.
Este lunes Elon Musk cerró finalmente la compra de Twitter por un monto de US$44.000 millones. El multimillonario había ofrecido US$54,20 por acción l...
Este lunes Elon Musk cerró finalmente la compra de Twitter por un monto de US$44.000 millones. “La libertad de expresión es la base de una democracia para que funcione y Twitter es la plaza pública digital donde se debaten asuntos vitales para el futuro de la humanidad”, dijo Musk en el comunicado en el que anunció el acuerdo. 5 y 1
Los accionistas de Twitter y Musk se reunieron para conversar después de que el jefe de Tesla presentara los detalles de la financiación de su oferta.
Por ejemplo, si Trump es reelegido y Tesla busca restituir los créditos fiscales federales para sus vehículos eléctricos, Musk podría enfrentarse a la extraordinaria tentación de restablecer la cuenta del expresidente, si es que aún no lo ha hecho. Musk ha dejado en claro que su principal objetivo al comprar Twitter es apoyar la expresión sin restricciones y reducir el veto a usuarios o la eliminación de tuits individuales. Aquí Musk está prometiendo todo lo contrario: que se va a involucrar. Cualesquiera que fueran sus razones para comprar el periódico (vanidad, visibilidad o interés en rescatar una importante institución estadounidense), parece haber cumplido en gran medida su promesa. ¿Qué significaría para la empresa la adquisición por parte de Elon Musk? Te contamos. El gobierno chino seguramente odia estas restricciones.
El empresario multimillonario Elon Musk acordó comprar Twitter inc. por US$ 44.000 millones, utilizando una de las mayores operaciones de compra apalancada ...
El fundador de Tesla y hombre más rico del mundo se convierte así en el propietario de la plataforma que considera como "la plaza pública digital donde los temas vitales para el futuro de la humanidad se debaten", según el comunicado. por US$ 44.000 millones, utilizando una de las mayores operaciones de compra apalancada de la historia para privatizar una plataforma de redes sociales de 16 años de antigüedad que se ha convertido en un centro del discurso público y en un punto álgido en el debate sobre la libertad de expresión en línea. El empresario multimillonario Elon Musk acordó comprar Twitter inc.
Internal market commissioner raised concerns that hate speech will increase on the platform.
Imran Ahmed, chief executive of the Center for Countering Digital Hate, a campaign group, said: “The UK and the EU are going to have tools to deal with this. Musk has said he favours temporary “time-outs” for users who breach Twitter’s policies, instead of outright bans. I trust his mission to extend the light of consciousness.” At first, Twitter’s board seemed opposed, enacting an anti-takeover measure known as a “poison pill” that could have made a takeover attempt prohibitively expensive. He is familiar with European rules on automotive, and will quickly adapt to the Digital Services Act.” Changes to its policies, features, and algorithms, big and small, can have disproportionate and sometimes devastating impacts, including offline violence,” she said.
Shares of Tesla fell as much as 10 percent Tuesday, as investors in the electric carmaker began to digest the prospect of CEO Elon Musk using his shares to ...
On Monday, Twitter and Musk announced the tech titan had purchased the social media platform. Among those asking is Amazon founder and executive chairman Jeff Bezos. Shares of Tesla fell as much as 10 percent Tuesday, as investors in the electric carmaker began to digest the prospect of CEO Elon Musk using his shares to pay for his acquisition of Twitter.
(CNN) -- Hace cuatro años, el cofundador de Twitter y entonces CEO, Jack Dorsey, estableció cuatro áreas de enfoque clave que impulsarían el crecimiento de ...
En particular, Twitter fue la primera de las principales plataformas en prohibir a Trump por violar su política de incitación a la violencia, lo que empujó a otras plataformas a seguir su ejemplo. El CEO de Anti-Defamation League, Jonathan Greenblatt, dijo que tiene la esperanza de que Twitter siga siendo un lugar donde la gente pueda hablar libremente y al mismo tiempo sentirse segura. El ejemplo más reciente: Truth Social de Trump. Los anunciantes en línea también dudan de que sus anuncios aparezcan junto a contenidos peligrosos o controvertidos. Esa medida podría tener enormes implicaciones en las próximas elecciones presidenciales de 2024, ya que Twitter era una herramienta clave para que Trump aglutinara a sus bases, promoviera a sus aliados políticos y se burlara de los críticos, y difundiera afirmaciones falsas y engañosas. No significa libertad de expresión para los menos poderosos", dijo Leslie Miley, una exgerente de Ingeniería de Twitter que comenzó su equipo de seguridad de productos y dejó la compañía en 2015. Además, Musk dijo que Twitter debería ser más "reacio a eliminar cosas" y "muy cauteloso con las prohibiciones permanentes". Sin embargo, la experiencia de Musk en el uso de Twitter, como hombre blanco y ultrarrico, es intrínsecamente diferente a la de la mayoría de los usuarios, y especialmente a la de aquellos que son mujeres o pertenecen a otras comunidades marginadas que Twitter ha tratado de proteger y que ahora pueden estar en riesgo si sus políticas de moderación se revierten. Aunque Musk ha dicho que su apuesta por Twitter "no es una forma de ganar dinero", sigue siendo un negocio y la publicidad sigue siendo su principal motor de ingresos. Ahora le preocupa que el progreso que ella y otros usuarios impulsaron en Twitter se revierta. La semana pasada, Twitter dijo que adoptaría herramientas de terceros para ayudar a los usuarios a prevenir el acoso. "Cada vez que alguien dice libertad de expresión, siempre significa libertad de expresión para los poderosos. Una de ellas era promover lo que llamó una "conversación sana" en la plataforma.
El director ejecutivo de Tesla ha criticado las políticas de moderación de contenido de Twitter y aboga por los algoritmos de código abierto.
Pero sus comentarios sobre la libertad de expresión han avivado la teoría de que Twitter, bajo su propiedad, podría reincorporar a Trump, a quien se le prohibió el acceso a la plataforma el año pasado. El exmandatario, conocido por publicar tuits en los que critica a opositores y, en ocasiones, anunciaba cambios de política pública, está tratando de iniciar su propia red social. La pregunta sobre Trump. Musk no ha comentado públicamente cómo manejará el asunto de la cuenta de Twitter del expresidente de Estados Unidos Donald Trump que fue suspendida de manera permanente. El algoritmo. Libertad de expresión y moderadores de contenidos. Después de los disturbios del 6 de enero en el Capitolio, Twitter anunció que Trump había violado sus políticas al incitar a la violencia entre sus seguidores.
Twitter aceptó la oferta final de Elon Musk para comprar el 100% de las acciones de la red social. La operación demandó un desembolso de 44 mil millones de ...
Otro de los asuntos por definir es el cambio de modelo en la monetización de Twitter, que actualmente percibe el 90% de sus ingresos a través de la publicidad en la plataforma. Sin embargo, Musk dejó abierta la posibilidad de añadir la verificación de perfiles a Twitter Blue, el sistema por suscripción, y permitir que el solo pago de este servicio ya sea un aval para la autenticación de una cuenta. Esto, como respuesta a un largo hilo presentado por Yishan Wong, ex CEO de Reddit, quien comentaba sobre la posible adquisición de Twitter por parte del millonario. Elon Musk ha realizado encuestas desde su perfil en Twitter sobre el uso de ciertas funciones. Esto no es un secreto, sino una afirmación pública de Musk. Las intenciones del empresario pasan por convertir a Twitter en una empresa privada y poder aplicar cambios sin presión de accionistas. Para que Musk pueda recuperar su inversión, Twitter debe generar ganancias superiores a las actuales, un volumen de hasta 1,4 veces mayorees a los actuales ingresos.
On Twitter, in private messages and in interviews with The Washington Post, employees expressed fear about Musk's $44 billion takeover. Twitter CEO Parag ...
Once the company goes private, employees’ shares would be paid out to them in cash. In the town hall, Twitter executives and board chair Taylor acknowledged emotions were running high for people. The acquisition, which would rank among the largest-ever activist takeovers of a publicly traded company, would take the company private over the course of three to six months, executives said in the town hall. He has also been known as a harsh manager who will seek to fire people on the spot when they are not onboard with his way of thinking, including at one point disbanding his entire public relations team. Twitter was the first company to take action against former president Donald Trump for his tweets supporting Capitol rioters on Jan. 6, 2021, and engineering teams have spent years building tools to fight spam, disinformation and hate speech under an initiative known as healthy conversations. Some tweeted tear-filled emoji and memes of people having emotional breakdowns, while others told The Post they were too in shock to speak.
Las razones del hombre más rico del mundo para tomar el control de la red social no tienen que ver con la libertad de expresión. Se trata de controlar el ...
Musk tiene razón en que Twitter se ha convertido en una plaza pública de facto. Según una demanda civil presentada por el Departamento de Igualdad en el Empleo y la Vivienda de California en el Tribunal Superior de California del condado de Alameda, Musk les dijo a sus trabajadores que tuvieran la “piel dura” en caso de sufrir acoso racial en el trabajo. Sus reglas no se aplican de modo uniforme; la red social está repleta de troleo racista, acoso y desinformación. Los políticos y las celebridades también parecen disfrutar de una aplicación menos estricta de las políticas de Twitter contra la desinformación, a pesar de que hay evidencia de que es más probable que la gente les crea a ellos que a los usuarios de a pie. (Espero que Musk hablara en serio cuando dijo que derrotará “a los bots de spam o moriría en el intento”). Musk dijo que su visión central para la plataforma es que sea un “ campo inclusivo para la libertad de expresión”, pero sus usuarios deben entender lo que quiere decir esa frase: significa libertad de expresión para personas como Musk, un multimillonario y el hombre más rico del mundo. Mientras tanto, una agencia reguladora de California demandó a la compañía por una serie de reportes de discriminación racial contra cientos de empleados, incluida la falta de oportunidades de crecimiento profesional y el uso de insultos raciales por parte de los supervisores.
Twitter's board is negotiating with CEO Elon Musk over his bid to buy the social media platform — and a deal could be announced as early as Monday.
When Elon Musk offered to buy Twitter for $43 billion 10 days ago, the platform didn't welcome him with open arms. The Tesla and SpaceX CEO is in some ways ...
Among them is Ben Thompson, the writer of the popular newsletter Stratechery, who believes that Twitter should go private—even if that means a transformation engineered by Musk, which could mean less moderation and more acrimonious discourse, as well as a larger focus on subscriptions. Twitter’s board had to justify rejecting a generous offer, more than 10% above the company’s current stock price. On April 21, Musk said he has the funding to get this deal done quickly.
The Tesla mogul's $43 billion cash buyout looked Monday like it was going ahead.
Trump was banned after the Capitol riot and insurrection in 2021. However the stock rose 5 percent to $51.47 in pre-market trading Monday. Initially Twitter seemed poised to fight the takeover attempt with a “poison-pill” share offer that would have diluted Musk’s stake; however Reuters now says that the sale is likely to go ahead.
Twitter is gearing up to accept Musk's original $43 billion offer. Apparently he wasn't just trolling.
Musk first announced his offer to buy the social media company at around $54.20 per share on April 14. In premarket trading, they reached about $51.50 per share, but at the time of writing, had fallen to around $50.7. Although the deal is unconfirmed, both the Times and Reuters reported that sources tell them a deal could be finalized and made public later today. If Musk makes the purchase, Twitter would no longer be a publicly traded company, but instead, private. Important to point out though, it literally isn’t. The first amendment doesn’t protect anyone’s right to post on Twitter. Though Florida Governor, Ron DeSantis, seemingly doesn’t understand that. Any moment now, a deal between between Twitter’s 11-member board and Elon Musk could be announced.
Musk has led his companies to success through a variety of means. There are a few specific rules he rigorously enforces that have worked well for his ...
Musk has also made his belief in the free flow of information clear through other public means. As far as big meetings go, Musk believes that they’re largely a waste of time and that they should be infrequent. The rules, as detailed by Your Tango, often pertain to meetings, productivity and the free flow of information.
Twitter is nearing a deal to sell itself to Elon Musk, two people with knowledge of the situation said, a move that would unite the world's richest man with ...
El director general de Tesla Elon Musk será el próximo propietario de Twitter tras comprometer unos 44.000 millones de dólares para comprar la plataforma ...