Elon Musk has ending weeks of speculation by announcing that Twitter had accepted its bid to buy the platform for $54.20 per share, valuing the social media platform at around $44 billion.
While Musk’s long quest for Twitter has come to an end, for him at least, the next chapter in the history of Twitter and its hundreds of millions of users is just beginning.
The deal immediately sparked fears that Musk, a self-proclaimed “free speech absolutist,” might roll back controls on content moderation, potentially undoing years of work to curb the unchecked spread of hate speech and misinformation. But experts were just as quick to warn of the potential privacy implications of the $44 billion buyout to take Twitter private, at a time when even employees are in the dark about the company’s future.
According to Musk’s short 78-word explanation, one of his many proposed plans for Twitter that’s raising eyebrows in the industry is to open-source the platform…