Wedbush Securities managing director Dan Ives discusses if Elon Musk can transform Twitter into a money-producing business enterprise on ‘The Claman Countdown.’
Liberals with confirmed Twitter accounts flooded the social media platform to consider concern with the thought of billionaires purchasing social media businesses, prompting their conservative critics to level out that lots of Democrats have been silent about equivalent billionaire purchases in the previous.
“Elon Musk purchasing twitter is lousy,” previous Democratic congressional applicant Nina Turner tweeted this 7 days. “Billionaires possessing media outlets is lousy. Billionaires getting politicians is bad. We ponder why ‘the rich get richer when the very poor get poorer’ remains legitimate?”
“When multi-billionaires take management of our most crucial platforms for interaction, it’s not a acquire for cost-free speech. It can be a gain for oligarchy,” former Clinton administration labor secretary Robert Reich posted on Thursday.
Conservatives on social media responded to the tweets by pointing out that Democrats have supported the Washington Put up remaining owned by billionaire Jeff Bezos and have been much less vital about the prosperity of Facebook founder Mark Zuckerberg and previous Twitter CEO Jack Dorsey.
TRUMP TO Keep ON HIS Truth SOCIAL AMID ELON MUSK TWITTER TAKEOVER
Elon Musk attends the 2022 Met Gala at The Metropolitan Museum of Art on May 2, 2022, in New York Town. (Dimitrios Kambouris/Getty Photographs for The Satisfied Museum/Vogue/Getty Pictures)
“Translation: Leftists preferred the outdated billionaire much more than the new billionaire, for the reason that the former billionaire silenced all people who disagreed with Leftists,” Republican Sen. Ted Cruz tweeted in response to Reich.
“Stop attacking Bezos Zuckerberg and Dorsey you know your men,” CPAC Chair Matt Schlapp tweeted.
WHAT I WOULD DO IF I Ended up ELON MUSK Having Over TWITTER: Enable Independence REIGN
Tesla CEO Elon Musk smiles as he addresses attendees at the Offshore Northern Seas 2022 (ONS) conference in Stavanger, Norway ((Photograph by Carina Johansen/NTB/AFP/Getty Illustrations or photos/Getty Visuals)
Musk finalized his $44 billion acquisition of Twitter on Thursday and posted a letter to advertisers outlining his eyesight for the firm.
“The rationale I acquired Twitter is for the reason that it is critical to the long run of civilization to have a frequent digital town square, where a huge variety of beliefs can be debated in a nutritious fashion, with no resorting to violence,” Musk posted on Twitter. “There is at present fantastic threat that social media will splinter into considerably proper wing and considerably still left wing echo chambers that generate much more hate and divide our modern society.”
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The Twitter logo is viewed on a indicator on the exterior of Twitter headquarters in San Francisco, California, on Oct 28, 2022. – Soon after months of controversy, Elon Musk is now at the head of one particular of the most influential social networks on the world , wh (Image by Constanza Hevia/AFP by way of Getty Illustrations or photos / Getty Pictures)
Musk included that the social media system “are not able to turn out to be a no cost-for-all hellscape” and that he will focus on adhering to the “legal guidelines of the land” while also fostering an setting that is “warm and welcoming to all.”
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