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Why Does Elon Musk Want to Buy Twitter?
Why does Elon Musk want to buy Twitter? According to the article, Musk wants to get rid of bots and create a “public platform that is maximally trusted and inclusive.” Moreover, he will sign nondisclosure agreements with everyone reviewing confidential data and wants to make Twitter’s users as “trustworthy” as possible. So, what is Elon Musk trying to achieve by buying Twitter?
Elon Musk wants to eliminate bots
Elon Musk is looking for ways to get rid of spammy bots on Twitter. While the company has said that fewer than 5% of its users are fake accounts, Musk questions whether this number is accurate. He compared bots to termites in a house – 90 percent is not acceptable. To see also : How to Sign Out of Twitter on Your iPhone, Android, Or PC. The new policy aims to eliminate spam from Twitter’s platform. But Musk must decide how to define a bot.
As the new owner of Twitter, Elon Musk has expressed his desire to fight spam bots on the service. But how can he accomplish this? First of all, he has to prove that Twitter users are not using bots. This isn’t as easy as it sounds. Twitter users understand how irritating these bots are, which is why Musk has pledged to get rid of them. However, if Musk was successful in eliminating spam bots, he would lose half his following.
Tesla CEO Elon Musk has said that he needs to prove that less than 5% of its users are bots in order to close the Tesla deal with Twitter. Twitter records how many bots are inactive compared to the number of active users. However, Musk is demanding access to the data before completing the acquisition of Twitter. Musk’s demand for proof of fewer than 5% fake accounts on Twitter is not surprising, given that Twitter itself estimates that bots make up less than 5% of its users. In fact, the CEO of Tesla Motors has also called for the government to investigate the issue.
He wants a nondisclosure agreement for anyone reviewing confidential data
Musk is requesting more information from Twitter after its legal team complained that he had violated the nondisclosure agreement he signed. This is unusual, as Musk is not a researcher, Tesla employee, or member of a select group of companies that pay for access to Twitter’s internal data. Read also : Who Bought Twitter Today?. And it raises privacy and competitive risks. Also, Musk has a history of aggressive behavior.
As a result, Twitter is making it harder for Musk to get out of the deal if he decides to terminate it. Musk’s lawyers sent a letter to Twitter accusing it of stonewalling, and he’s been tweeting increasingly scathing comments about Twitter’s fake accounts, laying the groundwork for a renegotiation or even getting out of the deal.
In May, Twitter bankers asked for more information about its users, including the user database and key metrics like the number of verified users, monthly active users, and handles. Musk didn’t immediately respond to questions on the nondisclosure agreement, but Twitter did provide detailed written responses and custom reporting to any of the bankers. The pending transaction will likely be announced in the coming weeks.
He wants to create a “public platform that is maximally trusted and broadly inclusive”
There’s no doubt that social media companies must protect user’s rights and keep their systems free of illegal content. New EU and UK legislation imposes new liability regimes for companies that spread illegal speech. To see also : How to Get Your Twitter Account Verified. Musk has pledged to comply with these new laws, which would also mandate more risk assessments and due process requirements. If he’s serious about protecting human rights, then he’s going to have to go beyond censorship to make his platform more inclusive and trustworthy.
The company’s 82 million Twitter users weighed in on the issue. Musk’s tweets were met with widespread anger, with many asking whether Tesla would be a poison pill for Musk. Twitter’s CEO, Agrawal, said he understood the frustrations of employees, but could not provide details about Musk’s offer. The CEO stressed that the board would review the offer in detail. Elon Musk also asked his employees to focus on their work and not on discussing his personal views about Twitter.
While Elon Musk may be focused on building a public platform that’s inclusive and trustworthy, he’s pursuing an unconventional approach. In a recent speech in Vancouver, he discussed challenges facing Tesla’s manufacturing and his plans to expand the company. He also declined to answer questions about human moderators or his judgment. This decision will be closely scrutinized by regulators.
