Despite having fewer users than other social networking sites, Twitter, which has the most influence in the community, is now owned by Elon Musk, the world’s richest man. The Twitter Board of Directors has approved Musk’s acquisition of a total stake in Twitter for $ 44 billion. The deal is expected to take effect by the end of this year. After that, Elon Musk will become the owner of the Twitter company.
Influential social media
Many celebrities, including heads of state, rulers, world-influential leaders, politicians, movie stars, writers, and athletes, use Twitter extensively. With a very small number of words, Twitter became very popular as it was the largest medium to share messages with others and to spread the word quickly and spread the word globally with the hashtag (#). Launched in 2006, Twitter overthrew dictatorial regimes in 2010-12, including in Libya, Egypt and Tunisia, and played a key role in the ‘Arab Spring’ in which democracy flourished. It is essential that all the news media in the world upload news to their Twitter pages immediately.
Amazing personality
Elon Musk is the founder of SpaceX, a company that makes affordable rockets for space exploration. He also bought Tesla, a manufacturer of heavy electric vehicles. He is not the only one who invests money in these two companies and makes a profit. He was also the chief designer of rockets launched into space by SpaceX. Tesla is also the CEO in the design of new model cars that include various advanced features. And he plays a key role as product designer.
Elon Musk has become one of the world’s richest men, starting and acquiring a number of companies, including aerospace research, automotive manufacturing, solar battery manufacturing, artificial intelligence, and mining design. Elon Musk has risen to become one of the most influential and influential figures in the world, with the quest to move mankind to the next level of development in all fields, the courage to make hasty decisions and the ability to finish things that many could not have imagined.
The changes that Musk presents
Elon Musk has said he will make three major changes to Twitter after its takeover. Musk’s primary allegation is that privacy is not maintained on Twitter. The Twitter company has been carrying out censorship activities, including exposing untruthful information, unsubstantiated slander, tweets containing slander, and subsequently disabling Twitter accounts that publish them. In this regard, former US President Donald Trump has been permanently banned from Twitter.
But Musk says any comment that is not illegal should be posted on Twitter. Presents himself as a staunch supporter of freedom of expression. Also, bring transparency to the algorithms that decide which tweets are highlighted to users, introduce the editing facility for editing tweets as is the case with Facebook posts, delete software-driven Twitter bot (Bot) accounts that have been licensed to celebrity authorized private accounts only Elon Musk plans to make a number of changes, including
Freedom of expression X slander
All of the changes that Musk is proposing have both positive and negative consequences. Allowing unsubstantiated misconceptions and insults in the name of full support for freedom of expression will spread misinformation in society and normalize attacks on individuals. The Twitter administration implemented the censorship process because these were already high on Twitter. Democrats and human rights activists have accused many of them of being inadequate, fearing that removing or modifying the censorship system in the name of freedom of expression would do more harm than good.
At the same time, allegations are being made that Twitter has misused this audit system. In the run-up to the 2020 US presidential election, far-right and Republican supporters have strongly criticized the removal of the ‘New York Post’ article from Twitter, which has leveled serious allegations against both US presidential candidate Joe Biden and his son Hunter Biden. In general, extreme right-wingers have accused Twitter of being pro-left-liberal. The inclination towards the Democrats is also considered to be high. In this context, Musk’s capture of Twitter has been widely welcomed in the Republican support camp.
The future of the staff
It is unknown at this time what he will do after leaving the post. Barack Agarwal, who took over as CEO of Twitter five-and-a-half months ago, is expected to remove Indo-Americans, including Vijaya Katte, the head of the legal department who played a key role in preventing fake information, including blocking accounts on Twitter.
Vijaya reportedly burst into tears at a staff meeting after Musk took over Twitter. Musk has been harshly critical of Vijaya Katte. Both will receive compensation even if removed. Barak Agarwal has assured the staff that other employees will not be laid off till the end of this year. Elon Musk has yet to speak on whether to lay off or retain staff.
But Elon Musk must have paid almost half the amount in cash to capture Twitter. It has been reported that he has assured lending banks that he will improve Twitter’s financial position through measures such as reducing the number of Twitter employees and generating revenue through tweets.
Twitter, which was a non-profit public sector company, has gone under the control of a private company, the richest single person. The voice that individuals, no matter how democratic and modern-minded they may be, that they fully control one thing is not good for democracy should not be completely ignored.
– S. Gopalakrishnan, Contact: [email protected]
To Read this in English: Twitter under the control of Elon Musk: Will it be beneficial to democracy?