ICYMI: Twitter accepts Elon Musk’s $44 billion takeover offer
, should his takeover succeed, he would open source Twitter's algorithm and try to make it an inclusive arena for free speech. He also said he would try to tackle spam and bot accounts.
Musk also pointed to the importance of Twitter as a free speech platform in the announcement of the transaction. "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," said Musk."I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.
Twitter is set to report first-quarter earnings on Thursday. It is not planning to hold a corresponding conference call due to the transaction. © 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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