Elon Musk says his deal to buy Twitter is ‘temporarily on hold’


Elon Musk’s deal to buy Twitter is “temporarily on hold” pending confirmation that spam and fake accounts do represent less than 5 percent of users, he tweeted. Attached to the tweet was a Reuters link reporting that Twitter estimated in a regulatory filing that those types of accounts represented 5 percent of its monetizable daily active users during the first quarter of 2022.

It appears that Musk may have some concerns about those figures, judging by the tweet. It’s not clear what steps he and Twitter will take to verify them, however. 

If you’ve been somehow disconnected from the internet (lucky you!), Musk is in the process of buying Twitter for $44 billion. He aims to quadruple the user base and has said he’ll defeat spam bots, authenticate all humans and make its algorithms open source, while also championing free speech and walking back content moderation. As part of that, he said he’d reverse the Twitter ban on Donald Trump and other users.

However, some experts on social media content moderation have said that those goals conflict with each other. Facebook’s former security chief Alex Stamos, for one, recently tweeted that Musk’s ideals for Twitter may conflict with European laws, pointing out that there’s “a large mismatch between the US and the UK’s Online Safety Bill and EU Digital Services Act and Digital Markets Acts.” Stamos also noted that Twitter is saturated in the developed world, so any growth “will require even more dealing with the challenges of autocracies and developing democracies.”

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.





Source link

Related articles

Oil costs rise towards $94 as U.S. prepares new Iran financial measures

(Bloomberg) – Oil headed for a weekly achieve as merchants awaited particulars on a U.S. marketing campaign to isolate Iran’s financial system, with no obvious finish in sight to a battle that has...

Enovix Inventory Is At The Lows For Good Purpose (NASDAQ:ENVX)

This text was written byComply withI have been contributing to In search of Alpha and different funding web sites since 2011, with a common (although removed from inflexible) concentrate on worth over progress....

HoverAir’s remodeling modular drone has already been halted within the US

I'm so sorry, fellow US gadget followers: the FCC’s drone ban seems to have struck once more. The HoverAir Versa — a child steadycam with snap-on propeller wings that remodel it right into...

TikTok Will Pay $400 Million To Settle Justice Division Lawsuit Over Baby Privateness

The DoJ stated the app has made important strides in privateness protections for the reason that 2024...

Friday File: AI Threat, a Lock Field Re-lock, and a brand new Cowardly Purchase

What’s happening this week? Effectively, as we’ve talked about sometimes over the previous couple years, there’s cause to be involved in regards to the skill of the AI sector to profitably take in...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com