Musk initiates dozens of changes

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mayaboti
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Joined: Mon Dec 23, 2024 3:47 am

Musk initiates dozens of changes

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Elon Musk owns 9.2% of the social network, making him its largest shareholder. As a result, he was appointed to the company's board of directors, but he declined the invitation, even after posting several proposed changes on his personal account. Twitter sold for $44 billion Also in April, Elon Musk offered to acquire Twitter for $44 billion, a proposal that was accepted by the company's board of directors.


In May, however, Musk halted the purchase, and in employment data July told CNN he planned to withdraw the offer amid questions about the number of fake and disengaged users on the network. A legal battle ensued, with the entrepreneur demanding that his original offer be honored and the social network acquired. The dispute lasted until October, when Musk met a U.S. court-imposed deadline to fulfill the agreement and acquire Twitter for the originally proposed amount.


On Twitter The social network is already working on implementing features such as an edit button and the possibility to choose a chronological feed. However, Musk's arrival brought more controversial changes. They include: COVID-19 Misinformation Policy Nearly a month after Elon Musk acquired Twitter, the social network reported that it would no longer have a policy on misleading information about COVID-19. In fact, the site will no longer flag tweets spreading misinformation on the subject, causing concern among users, media and public institutions as it is one of the most popular social networks in the world.
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