Wedbush Securities Managing Director Dan Ives discusses whether Elon Musk can turn Twitter into a money-making business on ‘The Clayman Countdown’.
Liberals with verified Twitter accounts flooded social media platforms with the idea of billionaires buying social media companies, prompting their conservative critics to point out that many Democrats have been silent about similar billionaire buyouts in the past.
“Elon Musk Buying Twitter Is Bad,” Former Democratic Congressional Candidate Nina Turner tweeted this week, “Billionaires who own media outlets are bad. Billionaires who buy politicians are bad. We wonder if ‘the rich get richer while the poor get poorer’ is true?”
“When multi-billionaires control our most important platforms for communication, it’s not a victory for free speech. It’s a victory for oligarchy,” said former Clinton administration Labor Secretary Robert Reich. posted on thursday,
Conservatives on social media responded to the tweet, saying that Democrats backed the billionaire Jeff Bezos-owned Washington Post and been less critical of the wealth of Facebook founder Mark Zuckerberg and former Twitter CEO Jack Dorsey.
Trump to stay on social media amid Elon Musk’s Twitter takeover
Elon Musk attends the 2022 Met Gala at The Metropolitan Museum of Art on May 2, 2022 in New York City. (Dimitrios Kamboris/The Met Museum/Getty Images for Vogue/Getty Images)
“Translation: The Left Prefers the Old Billionaire Over the New Billionaire, Because the Former Billionaire Silences Everyone Who Disagrees with the Left,” Republican Sen. Ted Cruz tweeted in response to Reach.
CPAC President Matt Schlap tweeted: “Stop attacking Bezos Zuckerberg and Dorsey, you know your friends.”
What would I do if Elon Musk was taking over Twitter: Let freedom reign
Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway ((Photo by Carina Johansson/NTB/AFP/Getty Images/Getty Images)
Musk on Thursday finalized his $44 billion acquisition of Twitter and posted a letter to advertisers outlining his vision for the company.
“The reason I acquired Twitter is that it is important for the future of civilization to have a common digital town square where a wide range of beliefs can be debated in a healthy way without resorting to violence.” Musk posted on Twitter, “There is a great danger at present that social media will split into far-right and far-left echo chambers that generate more hatred and divide our society.”
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The Twitter logo is seen on the exterior of the Twitter headquarters on October 28, 2022 in San Francisco, Calif. – After months of controversy, Elon Musk is now the head of one of the most influential social networks on the planet. , Who (Photo by Constanza Hevea / AFP via Getty Images / Getty Images)
Musk said the social media platform cannot become “a free-for-all hellscape” and that he would focus on obeying the “laws of the land”, as well as fostering an environment that is “for all”. warm and welcoming”.
