Social Media

Elon Musk is reportedly expected to become Twitter's temporary chief executive officer upon closing of his $44 billion deal to acquire the social media giant.

As a result of the new commitments, Musk's margin loan financing for the Twitter deal has been reduced from $12.5 billion to $6.25 billion, while his equity financing has increased from $21 billion to $27.25 billion.

Trump Media & Technology CEO Devin Nunes says the former president is "definitely in favor" of Elon Musk taking on "tech tyrants" with his purchase of Twitter.

Musk told AP he is "honored and thank the Parliament for their invitation, but it would be premature at this time to accept, given that there has not yet been a shareholder vote" to approve the $44 billion deal.

Elon Musk, who has agreed to take Twitter Inc. private in a $44 billion deal, has told potential investors he could return the social-media company to public ownership after just a few years.

Companies and government accounts on Twitter may have to pay a slight fee to stay on the social media platform in the future, but the service will always be free for “casual users,” Tesla CEO Elon Musk, whose $44 billion bid for Twitter was accepted last week, tweeted on Tuesday evening.

Microsoft co-founder Bill Gates also said that the digital realm has "facilitated kind of interesting but wrong ideas spreading very quickly."

A new analysis shows that 65% of major tech companies' user agreements pose risks to consumers' religious freedom and free speech.

MyPillow CEO Mike Lindell, who was permanently suspended from Twitter last year after repeatedly making the baseless claim that former President Trump won the 2020 election, created a new account on the social media platform Sunday but was banned again just hours later.

Facebook whistleblower Frances Haugen is "cautiously optimistic" that Elon Musk's $44 billion deal to take Twitter private at $54.20 per share could lead to positive change for democracy and safety on the social media platform.

"The far left hates everyone, themselves included! But I'm no fan of the right either," Musk tweeted Friday morning. "Let’s have less hate and more love."

A Texas rancher and businessman is hoping to entice new Twitter owner Elon Musk to central Texas, offering up free land for Musk to build a new headquarters for the company.