Tag Archives: Twitter

Musk gets Twitter for $44 billion, to cheers and fears of ‘free speech’ plan

Elon Musk clinched a deal to buy Twitter Inc (TWTR.N) 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, which emerged as one of the world’s most influential public squares and now faces a string of challenges.

Twitter CEO on Banning Trump: Online Speech Can Cause Harm Offline

Twitter CEO Jack Dorsey finally gave this thoughts on Wednesday about the decision to ban President Donald Trump from the platform, explaining that the move wasn’t easy and that he takes no pride in banning anyone. But Dorsey acknowledged there can be real harm from speech that happens online and he believes permanently suspending Trump’s account was the right decision during a time of “great uncertainty” even if it sets a “dangerous” precedent.