Posted: Post Date – 10:30 AM, Sat – Oct 29th 22
Musk’s comments came a day after he completed a $44 billion acquisition of the social media giant.
New York: Twitter’s new owner, billionaire Elon Musk, said the social media company would form a “content review board” and any major content decisions or account reinstatements would come after the agency convened.
Musk’s comments came a day after he completed a $44 billion acquisition of the social media giant.
“Twitter will form a content moderation committee with widely divergent views. No major content decisions or account recovery will be made until the committee meets,” Musk, 51, tweeted on Friday.
“To be very clear, we have not made any changes to Twitter’s content moderation policy,” he added.
Musk has yet to provide details on how his content moderation board will work.
Following the Musk acquisition, Twitter CEO Parag Agrawal, legal executive Vijaya Gadde, chief financial officer Ned Segal and general counsel Sean Edgett were ousted.
Within hours of taking over Twitter, the Tesla CEO posted a series of tweets. “The bird is released”, “Spoiler alert. Let the good times roll in”, “Live the dream. Comedy is now legal on Twitter”.
After initially agreeing to buy the company in April, Musk spent months trying to pull out of the deal, first over concerns about the number of bots on the platform and then allegations from a company whistleblower.
Agrawal, 38, was named Twitter’s chief executive in November after the social media site’s co-founder Jack Dorsey stepped down.
As former US President Donald Trump’s Twitter account was permanently suspended in January last year, Hyderabad-born Gad, within days of an attempted uprising by pro-Trump supporters at the US Capitol on January 6, At the forefront of this dramatic decision, 2021.
Twitter co-founder Biz Stone thanked Agrawal, Segal and Gadde for their “huge contributions” to the business.
“Thanks to @paraga, @vijaya & @nedsegal for their collective contributions to Twitter. Great talent, each with their own beauty!” Stone tweeted.
Musk arrived at the company’s headquarters in San Francisco on Wednesday and met with engineers and advertising executives.
Musk also updated his Twitter description to read “Chief Twit.” Musk has promised to change Twitter by relaxing the service’s content moderation rules, making its algorithm more transparent, nurturing a subscription business, and laying off workers.
In April, Twitter accepted Musk’s proposal to buy the social media service and take it private.
However, Musk soon began to doubt whether he intended to honor the agreement, claiming that the company failed to adequately disclose the number of spam and fake accounts on the service.
When Musk said he would terminate the deal, Twitter sued the billionaire, saying he “refuses to meet his obligations to Twitter and its shareholders because the deal he signed was no longer in his personal interest.” Early October , Musk said he wants to buy Twitter for the original price of $54.20 per share if the social messaging service drops the lawsuit.
Twitter’s lawyers said the Tesla CEO’s “proposals are inviting further shenanigans and delays.” A Delaware Chancery Court judge finally ruled that Musk must have until Oct. 28 to solidify a deal with Twitter or Go to trial.
On Thursday, Musk wrote a message to reassure advertisers that the social messaging service would not evolve into “a hellscape where everyone is free, and anything can be said without consequences!” “The reason I bought Twitter was, Having a common digital town square is important for the future of civilization, where beliefs can be discussed in a healthy way without resorting to violence,” Musk said in the message.
“There is a great danger that social media will be divided into echo chambers of the far right and the far left, which will generate more hatred and divide our society.”
