Twitter Acquired by Elon Musk
He promises to rid the channel of spam bots
Elon Musk clinched a deal to buy Twitter for $44 billion cash on Monday in a transaction that will shift control of the social media platform populated by millions of users and global leaders to the world's richest person.
It is a seminal moment for the 16-year-old company that emerged as one of the world's most influential public squares and now faces a string of challenges. Musk has criticized Twitter's moderation, calling himself a free speech absolutist, said that Twitter's algorithm for prioritizing tweets should be public and criticized giving too much power on the service to corporations that advertise.
Political conservatives hope that a Musk regime would mean less moderation and reinstatement of banned individuals, such as Donald Trump. Musk himself also has described user-friendly tweaks to the service, such as an edit button and defeating "spam bots" that send overwhelming amounts of unwanted tweets.
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