Elon Musk, the owner of Twitter as of this Friday, reveals his plans for the social network. The tycoon reported the creation of a “content moderation council” for the platform that will be tasked with approving the renewal of certain profiles suspended by the previous administration. “Twitter will form a content moderation council with very different points of view. “No major decisions about content or account resets will be made before this council meets,” Musk said on his official Facebook page.
This announcement came just moments after several American media outlets repeated the story that rapper Ye, formerly known as Kanye West, would regained access to your Twitter account. At the beginning of October, the platform decided to suspend the profile of the famous singer after he launched anti-Semitic slander. This Ye post has brought other misfortunesincluding the end of cooperation with several brands, including Germany’s Adidas.
Musk – the CEO of Tesla and SpaceX – completed the purchase of Twitter worth 44,000 million dollars (a similar figure in euros) and carried out the dismissal of its main managers. In this way, the company’s shareholders will receive $54.20 for each share i Twitter will become the property of tycoonswhich has already announced its plans to change the content moderation policy of the social network, betting on “greater freedom of expression”.
Musk has repeatedly expressed his disagreement with the practice ban the social network from accessing the same ua permanently those users who repeatedly violate its rules, increasing the possibility that users, such as former US President Donald Trump, will return to the platform. However, Trump himself spoke out on the matter, conveying all the best wishes to Musk at the head of the platform, while ensuring that he will continue to be a user of Truth Social, a platform he himself promoted after being kicked off the network. .social than the bluebird.
Its acquisition also means the platform will no longer be listed on New York Stock Exchange November 8. From the beginning, the tycoon made clear his intention to turn Twitter into a private company, which, unlike listed companies, has fewer obligations to provide information about its movements and operations and is subject to less regulatory oversight. The announcement confirms the merger between Twitter and X Holdings, the vehicle created by Musk to execute the operation and which will officially own all the titles of the social network.
According to some of mainstream media in the United StatesMusk’s first move after taking control of the company was to fire some of its top executives, including CEO Parag Agrawal, CFO Ned Segal and chief policy and legal officer Ms Vijaya Gadda. In addition, several sources indicate that Musk plans to get rid of 75 percent of the staff working on Twitter, which currently numbers about 7,500 people, until it leaves it at about 2,000 workers.