Elon Musk Takeover of Twitter Could Reshape the Tech Platform; Lawmakers Call Purchase as 'Dangerous for Democracy'

US tech billionaire Elon Musk has taken over tech platform Twitter after resistance from the board, which initially objected to the well-known free speech advocate.

The multi-billion takeover has ended years of canceling conservatives and those who have opposed the agenda of the left supported by the platform.

Social media expects a sign of relief as freedom of speech will not be stifled by a few; one of its most famous victims is ex-President Donald Trump.

Musk Agrees to Free Speech on Twitter

Musk paid a total of 44bn last Monday when he made the bid only two weeks back, reported Express UK.

The 50-year-old exposed his plans to make Twitter better while in his stewardship, many are asking what will change according to his vision. The platform was under censorship for several years, and heads of the social media giant silenced voices, but now it will change.

After the deal went through, the statement regarding plans to implement changes was outlined. Free speech is the foundation of a healthy democracy, and Twitter is the digital town square where important issues affecting humanity's future are argued, cited the BBC.

Furthermore, he wishes to improve Twitter by adding new features, making the algorithms open source to enhance trust, eliminating spambots, and verifying all humans.

Several weeks back, changes were requested to the draconian control called restrictions to silence dissenting voices and to take out fake accounts, noted Reuters.

Elon Musk posted a tweet to all his followers on the tech platform asking whether free speech is important to a functional democracy. This is what is happening in America, where conservatives feel deprived of their freedoms.

Next; is a question asking if the platform does follow such a principle. He opened up an idea for an 'edit button' as an option for users.

Making waves and rocking the Twitter boat

Several other suggestions were revealing the platform's algorithms public; he added much to the chagrin of the board of directors that they will get zero cents when he buys out the company.

He posted on social media and took a dig that the board salary gets $0 should his bid is successful. Not paying them will save the billionaire about $3m yearly.

Meanwhile, observers are waiting to see if Mr. Musk can reinstate ex-US President Donald Trump to the platform after being indefinitely expelled in January 2021.

Though he hasn't addressed Trump's suspension directly, he has advocated for platform "timeouts" instead of permanent bans.

A few weeks ago, it was disclosed that he had become Twitter's majority shareholder, with a 9.2 percent stake. Then invited to join Twitter's board of directors but declined before making a sensational bid for the firm on April 14.

The board attempted a poison pill to keep the tech billionaire away, but it did not work. This move will make it hard to gain more share in the tech firm as a last-ditch move by the desperate board of Twitter.

Not easily deterred by the woke board, a total of $25.5 bn for the deal and a $21bn as a stake in the social media platform. Who will be the head of the tech firm that Parag Agrawal leads.

Elon Musk and the taking of the tech platform is again for the free speech proponent, but a huge setback for the woke left and Democrats, which are lamenting the loss of power to shut down freedom online, mentioned Yahoo Sports.

Tags

Elon Musk, Twitter