Washington DC, 26/4:Elon Musk clinched a deal to buy Twitter Inc 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 criticised Twitter’s moderation, calling himself a free speech absolutist, and said that Twitter’s algorithm for prioritising tweets should be public and criticised giving too much power on the service to corporations that advertise.