Twitter’s board has endorsed the proposed $44 billion sale
of the company to billionaire and Tesla CEO Elon Musk.
This was contained in a regulatory filing Tuesday, according
to ABC News.
However, AFP quoted Musk saying Tuesday that his $44 billion
move to take over Twitter remained held up by “very significant” questions
about the number of fake users on the social network.
Musk was reluctant to talk about the deal when asked at the
Qatar Economic Forum, saying it was a “sensitive” matter.
“There are still a few unresolved matters,” Musk said by
video link.
This includes whether “the number of fake and spam users on
the system is less than five percent as per their claims, which I think is
probably not most people’s experience when using Twitter.
“So we are still awaiting resolution on that matter and that
is a very significant matter,” the Tesla car and SpaceX exploration chief said.
Musk said there were also questions about Twitter’s debt and
whether shareholders will vote for the deal.
“So I think these are the three things that need to
resolved” to make the transaction happen.
Musk said he wanted to get 80 percent of the North American
population and half the world’s population onto Twitter.
“That means it must be something that is appealing to
people, it obviously can’t be a place where they feel uncomfortable or harassed
or they will simply not use it.”
“I think there is this big difference between freedom of
speech and freedom of reach,” Musk added.
“You are allowed to yell whatever you want in a public
space, more or less. But whatever you say, however controversial, doesn’t need
to then be broadcast to the whole country.
“So I think generally the approach of Twitter should be to
let people say what they want within the balance of the law but then limit who
sees that based on any given Twitter user preferences.”
He said that if the deal went ahead his role would be to
“drive the product”, saying this is what he did at Tesla and SpaceX.
Musk said he expected Tesla’s number of employees to fall by
about 3.5 percent in the next three months but the headcount would start rising
again in a year.
Asked about the next US presidential election in 2024, Musk
said he had not decided who to back but that he was ready to inject $20-$25
million into a candidate’s campaign.
He has previously indicated he could support Florida’s
Republican governor Ron DeSantis.
Advertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com