Elon Musk referred to Mark Zuckerberg as ‘Zuckerberg the 14th’ – an apparent allusion to the famed Louis XIV nicknamed the Sun King – and accused him of exerting too much influence over platforms controlled by him. Twitter’s new owner insists that his bid to purchase the microblogging service isn’t about making money, but rather about broadening Twitter’s appeal and safeguarding free expression. A more accessible social media platform was one of Musk’s goals, he said.
“When Facebook, Instagram, and WhatsApp are all owned by Mark Zuckerberg, the 14th generation of Zuckerbergs will still be in charge. Actually, this is what I mean. On Twitter, you won’t see that “Zuckerberg was ridiculed by Musk. Tesla CEO Elon Musk has said that he prefers to maintain the largest number of Twitter stockholders in the company, rather than monopolizing it. He presently has a 9.1 percent stake in Twitter.
Facebook CEO Mark Zuckerberg, on the other hand, holds a 12.8 percent stake in Meta, the parent company of social media platforms. This is not the first time that Facebook CEO Mark Zuckerberg and Tesla CEO Elon Musk have taken shots at one other. “When in doubt, leave the speech as is. Let the tweet live if it’s in a grey area “When discussing censoring specific subjects and tweets, Musk stated this. “In my opinion, we should be extremely cautious about deleting anything.
Also, be wary of prohibitions that are set to last indefinitely. Permanent bans are preferable to timeouts, in my opinion “she said. Even though he has said that he intends to purchase Twitter, Elon Musk admits that he has no idea whether he would be able to do so.
When asked about the $43 billion offer from Elon Musk, Twitter CEO Parag Agrawal said the business was still considering it. For 25 minutes, he answered workers’ queries in a Q&A session, according to The Verge. His response to Tesla CEO Elon Musk’s offer was vague, but noted that the board will pursue a “rigorous process” and come to a conclusion “in the best interest of our shareholders.”
To follow up on his April 14 tweet that said “I made an offer,” Musk wrote, “Will strive to maintain as many shareholders in privatized Twitter as permitted by law.” He had previously tweeted: “Most of the ‘top’ Twitter accounts just update seldom. Is it really the end of Twitter?” Taylor Swift and Justin Bieber haven’t posted in three months, while Taylor Swift hasn’t posted in a year.
The asset management firm Vanguard Group grew its position on Twitter and surpassed Musk as the company’s top shareholder recently. When it comes to Twitter, Vanguard holds 10.3%, while CEO Elon Musk has a 9.1% stake in the firm. Musk is Twitter’s top individual stakeholder even if he is no longer the company’s largest shareholder.
Also, according to the Daily Mail, Musk wants to maintain Twitter’s algorithm open source and transparent, as well as let the site lean toward free expression rather than suppression if necessary. Tweets might be an “inclusive forum for free expression,” according to Musk.
News of the possible acquisition of Twitter by Elon Musk has not pleased many Twitter workers. Despite Twitter’s reputation as a liberal workplace, Musk has come under fire for using Covid-19 and insulting gender pronouns. Tesla has also been the target of many lawsuits alleging racial and sexual harassment in the workplace. Wedbush Securities analyst Daniel Ives tells the New York Post that taking over Twitter “would be a nightmare for many workers who have worked under [former Twitter CEO] Dorsey and Twitter’s regime,” he says.