Elon Musk Final Deal With Twitter: Employees of Twitter in Dilemma: Republicans Are Cheering

 

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Social media giant Twitter on Monday accepted Elon Musk’s bid to take over the company, This progress will likely give the world’s richest man control over the social-media network where he is also among its most influential users in last few years. Mr. Musk intends to take Twitter private as part of the deal.



The SpaceX  CEO promised new features and reiterated his push to soften Twitter’s stance on content moderation. "Freedom of speech is the bedrock of a functioning democracy in the 21st century, and Twitter is the digital town square where matters importance to the future of humanity are debated," he said in a news release announcing the deal.



The company takeover, if it goes through, would create new record for one of the biggest acquisitions in tech history and will likely have global repercussions for years to come, including possibly shaping how billions of people use social media.



Twitter Inc. on Monday accepted Elon Musk’s bid to take over the company, which would give the world’s richest man control over the social-media network where he is also among its most influential users. Mr. Musk intends to take Twitter private as part of the deal.


The Tesla chief executive promised new features and reiterated his push to soften Twitter’s stance on content moderation. "Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," he said in a news release announcing the deal.


The takeover, if it goes through, would mark one of the biggest acquisitions in tech history and will likely have global repercussions for years to come, including possibly shaping how billions of people use social media.




Twitter Employees' Reaction is mixed of hope and fear as Elon Musk tookover the social media.


Employees on Twitter’s internal Slack messaging channel said they planned on resigning.

Twitter employees reacted to the prospect of a takeover by Elon Musk with a mix of enthusiasm, fear and humor, as people who work for the social-media network try to anticipate their future at a company owned by the unpredictable billionaire.


“It’s a time of genuine discomfort & uncertainty,” Edward Perez, director of product management for societal health at Twitter, said in a tweet. “Most of us believe deeply that Twitter is much more than a tech platform; we have a deep responsibility to society. I hope our new owner gets that.”


Other employees joked about the situation. One tweeted “Send us all Teslas!” while another employee predicted the musician Grimes, mother to two children with Mr. Musk, will perform at the company’s end-of-year party.



Republicans Are Happy After Musk’s Twitter Deal, While Democrats are thrilled.

Sen. Marsha Blackburn (R., Tenn.) took to Twitter Monday to congratulate Elon Musk on his deal for the social-media platform.ELIZABETH FRANTZ/REUTERS

In Washington, Republican lawmakers who have criticized the company over its content policies applauded Elon Musk’s deal to take Twitter private, while many Democrats said the acquisition shows billionaires have too much power and need more scrutiny.


“This is a great day to be conservative on Twitter,” tweeted Sen. Marsha Blackburn (R., Tenn.). “Congratulations, @elonmusk! Looking forward to a free-speech oriented twitter,” tweeted Rep. Yvette Herrell (R., N.M.).


Rep Jim Jordan (R., Ohio) called the proposal good for free speech and said that Twitter was likely anticipating a GOP probe of their practices if Republicans retake the House in the midterms.


Social media “is now the public square,” he said on Fox News. “And it always seems to me that they go after conservatives on these platforms--that needs to end.”


With his takeover approach, Mr. Musk has argued that censorship—not abusive behavior by users—is the company’s core problem, a position also embraced by conservatives. Others argue that strong content moderation, including bans and other sanctions on users who break the rules, is needed to tamp down disinformation and harassment.


Some of the Democrats have been asking for heavier taxes on billionaires and saw dangers in the concentration of power in their hands.


“This deal is dangerous for our democracy,” tweeted Sen. Elizabeth Warren (D., Mass.). “Billionaires like Elon Musk play by a different set of rules than everyone else, accumulating power for their own gain. We need a wealth tax and strong rules to hold Big Tech accountable,” she said.


“I think in general, it's really bad for democracy to have a handful of rich people owning everything that matters to us,” said Sen. Chris Murphy (D., Conn.). “I don't get exercised about Elon Musk personally. He owns a bunch of businesses that, frankly, are really good for the world. But I just think in general, it's pretty s---y to have a handful of billionaires having so much control over our life, whether they be good billionaires or bad billionaires.”


President Biden “has long been concerned about the power of large social media platforms,” said Press Secretary Jen Psaki when asked about the deal. She also told the president is a strong supporter of “reforms to Section 230, enacting antitrust reforms, requiring more transparency and more.” Section 230 is a provision that spells out who is legally responsible for content on the internet.



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