Twitter Free Bird or Caged by Elon Musk??
Twitter Free Bird or Caged by Elon Musk??
"The bird is
freed," Musk said in a tweet after taking control of the social media
platform.
On late Thursday, Musk completed the $44 billion
takeover on the eve of a court-appointed deadline to seal his on-again,
off-again deal and immediately fired its Indian-origin CEO Parag Agrawal, as well as the company's other top executives.
Chief financial officer Ned Segal and legal affairs and policy chief Vijaya
Gadde were also among those who were fired by Musk.
"The reason I
acquired Twitter is because it is important to the future of civilization to
have a common digital town square, where a wide range of beliefs can be debated
in a healthy manner, without resorting to violence,” Musk wrote, in an
unusually-long message for the billionaire Tesla CEO who typically
projects his thoughts in one-line tweets.
He continued: "There is currently great
danger that social media will splinter into far right-wing and far left-wing
echo chambers that generate more hate and divide our society."
Overnight, the New York
Stock Exchange notified investors it would suspend trading in shares of Twitter
before the opening bell on Friday (local time) in anticipation of the company
going private under Musk.
With the social media
giant undergoing a major shake-up, it would be interesting to see how its
future pans out in India where it has been marred by several controversies,
While Twitter said the
action was taken as the account did not conform with its policies, those
impacted had slammed the decision as an "arbitrary and gross violation of
IT rules".
Musk's claim of allowing
free speech on the platform has enthused many, particularly those who were
banned by Twitter for violation of rules.
So it will be interesting
to see whether Twitter is a free bird or caged by Elon Musk.
What’s your opinion about
Twitter?
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