Elon Musk says Twitter won’t become a ‘Hellscape’ as stock trading freezes ahead of deal

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Look if the internet where I have to repeatedly use this image isn’t already a hellscape, I don’t know what it is.

Everyone’s favorite unbearable billionaire is there to reassure Internet users. Under his (pending) leadership, Twitter won’t become a “free-for-all hellscape,” Elon Musk said in a tweet consisting of screenshots on Thursday. What he apparently forgot, however, is this twitter is already a hellscape.

The multi-paragraph statement, usually directed at “advertisers”, described Musk’s alleged true motivation for buying Twitter. “I didn’t do it because it would be easy. I didn’t do it to make more money. I did this to try and help humanity, which I love,” he wrote. Tesla’s CEO throughout the acquisition process. clearly self-imposed.

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Specifically, Musk reaffirmed his “freedom of speechvision of Twitter as a “common digital public square, where a wide range of beliefs can be debated”. However, the post appeared to be one of the first instances of Mr. SpaceX directly acknowledging the need for guardrails (i.e. moderation) and following the law. He noted that the site cannot be a space “where anything can be said without consequences”, and suggested a version of the platform where users can opt-in or opt-out of some sort of freedom zone. of expression. “Our platform should be warm and welcoming to everyone, where you can choose the experience you want based on your preferences,” Musk wrote.

Considering the message was directed at advertisers, it looks like the richest man in the world is taking preemptive action to reassure backers that they won’t be buying ad space on the equivalent of 8chan. However, Twitter has slipped on its own on the ad pull front. A recent internal company report noted that, amid a loss of heavy users, pornography and cryptocurrency have become the fastest growing site sectors, two categories of content that advertisers are often reluctant to be associated with.

Yet corporate woes aside, Musk’s embattled Twitter acquisition saga looks like it will *probably* come to some sort of conclusion on Friday. Last week, Musk seemed eager to seal the deal during a call with Tesla shareholders. Just yesterday, he waltzed into Twitter headquarters wearing a sink under a little cringe. Thursday, Twitter shares were frozen at around $53.94 before the alleged purchase. Musk’s $44 billion offer is expected to be accepted, earning investors $54.20 per share.

Delaware judge presiding over Twitter lawsuit against Musk previously set a deadline of October 28 for a finalized agreement. If all goes according to plan tomorrow, the legal proceedings will end with this month’s long roller coaster ride.

Unfortunately, for Twitter employees, the journey is probably just beginning. Company workers have been enraged by Musk’s threats of 75% layoffs, and sent a letter at the board calling the billionaire “reckless” earlier this week. Musk has since said he will not cut three-quarters of the business. But you never know, it is seesaw before.

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