Page 30 - Social Media

Elon Musk's plans for Twitter may cause more algorithmic harms than before

Musk's description of a platform free from content moderation issues is troubling in light of the algorithmic harms caused by social media platforms.

No board to watch over Musk when he takes Twitter private. Does it matter?

Musk, who on April 25, 2022, sealed a deal to buy Twitter for $44 billion, criticised board members for owning almost no shares of the company they oversee.

Twitter set to accept Elon Musk's $43 bn 'best and final' offer

Twitter may announce the $43 billion deal later on Monday once its board has met to recommend the transaction.

Responsible content

New EU law can improve social media

European Union reaches landmark deal on hate speech, disinformation

EU Commission Vice President Margrethe Vestager said, with today's agreement we ensure that platforms are held accountable for the risks their services can pose to society and citizens

After years of silencing critics, Musk wants free speech on Twitter

Musk's tweets, public remarks and policies at the businesses he runs, shows little tolerance for speech that's unflattering to him or his companies, or reflects employee criticism of the workplace

Social media platforms 'designed' to weaken democracies: Barack Obama

"People like Putin, and Steve Bannon for that matter, understand it's not necessary for people to believe (misinformation) in order to weaken democratic institutions," Obama emphasised

Elon Musk tweets another hint of Twitter tender offer, sparks speculation

Musk had earlier posted a tweet with "Love Me Tender," bracketed by musical notes

Twitter board's interest not aligned with shareholders, says Elon Musk

Musk was responding to a tweet about board members' stock holdings, saying that with the departure of Jack Dorsey, the board "collectively owns almost no shares."

Twitter bid: The elusive politics of Tesla CEO Elon Musk

If he should become Twitter's owner, Musk said he would scrap the current program of content monitoring and censoring

Vanguard group dislodges Elon Musk as Twitter's largest shareholder

Musk still remains the largest individual shareholder

EXPLAINER: What is Twitter's 'poison pill'? What is it supposed to do?

Twitter is trying to thwart billionaire Elon Musk's takeover attempt with a poison pill" - a financial device that companies have been wielding against unwelcome suitors for decades.

Twitter adopts "poison pill" after Musk's acquisition intent

Twitter has announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan following an unsolicited, non-binding proposal to acquire Twitter by Elon Musk

Twitter CEO tells employees company not 'held hostage' by Elon Musk offer

Twitter Chief Executive Officer Parag Agrawal told staff that the board was continuing to review Musk's offer, but that he was limited in what he could share with the employees

Bid for Twitter: Elon Musk's Buffett-like playbook may not work

Investment bankers, investors and analysts said he needed a blowout bid and more details on his financing for this strategy to work

Twitter will follow 'rigorous' process on Musk offer: Parag Agrawal

After Elon Musk made a hostile bid to acquire Twitter for nearly $43 billion, CEO Parag Agrawal has tried to convince employees that the micro-blogging platform would follow a "rigorous process"

Twitter's algorithm should be open source, says Elon Musk

In his first public, non-tweeted comments since the saga began, Musk addressed why he wants to buy the company, and the changes he would want to bring about: Report

The Twitter investors Elon Musk hopes to keep may not want to stay

Musk, in the time since the initial proposal, made his first public comments Thursday about the big deal expressing doubt if the bid will ultimately go through.

Twitter is weighing a poison pill defense to thwart Musk's takeover bid

A poison pill defense strategy allows existing shareholders the right to purchase additional shares at a discount, effectively diluting the ownership interest of the hostile party.

Tesla CEO Elon Musk sued by Twitter investor over hiding his stake

A Twitter investor has sued Tesla and SpaceX CEO Elon Musk for failing to disclose his stake in the micro-blogging platform as sought by the US laws.