Dan Ives, managing director of Wedbush Securities, discusses how Elon Musk can turn Twitter into a profitable business on “The Claman Countdown.”
Liberals with verified Twitter accounts have taken issue with the idea of ​​billionaires populating the social media platform buying social media companies, prompting their conservative critics to point out that many Democrats have been silent on similar billionaire buyouts in the past.
Former Democratic Congressional Candidate Nina Turner Says Elon Musk Buying Twitter Is Bad he tweeted this week. “Billionaires owning the media is bad. Billionaires buying politicians is bad. I wonder why the truth remains that ‘the rich get richer and the poor get poorer’?”
“When multibillionaires take control of our most important platforms for communication, it’s not a victory for free speech. It’s a victory for the oligarchy,” said former Clinton administration labor secretary Robert Reich. published on Thursday.
Conservatives on social media responded to the tweets by pointing out that Democrats support the Washington Post, owned by billionaire Jeff Bezos, and are less critical of the wealth of Facebook founder Mark Zuckerberg and former Twitter CEO Jack Dorsey.
TRUMP TO STAY ON SOCIAL TRUTH BASED ON ELON MUSK’S TWITTER OFFER
Elon Musk attends the 2022 Met Gala at the Metropolitan Museum of Art on May 2, 2022 in New York City. (Getty Images for Dimitrios Kambouris/The Met Museum/Vogue/Getty Images)
“Translation: The left liked the old billionaire more than the new billionaire because the ex-billionaire silenced anyone who disagreed with the left,” Republican Sen. Ted Cruz Reich tweeted in response.
“Stop attacking Bezos Zuckerberg and Dorsey, you know your own people,” CPAC chairman Matt Schlapp tweeted.
ELON MUSK WHAT I WOULD DO IF I TOOK OVER TWITTER: LET FREEDOM RULE
Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway. ((Photo Karina Johansen / NTB / AFP / Getty Images / Getty Images)
Musk concluded A $44 billion acquisition On Thursday, he took to Twitter and sent a letter to advertisers outlining his vision for the company.
“The reason I acquired Twitter is because it is important for the future of civilization to have a shared digital town square where different beliefs can be discussed in a healthy way without resorting to violence.” Musk wrote on Twitter. “Social media is now in danger of splintering into far-right and left-wing echo chambers that create more hatred and divide our society.”
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
The Twitter logo is seen on a sign outside the Twitter headquarters on October 28, 2022 in San Francisco, California. – After months of controversy, Elon Musk is now at the head of one of the most influential social networks on the planet. , WH (Photo by Constanza Hevia/AFP via Getty Images/Getty Images)
Musk added that social media said the platform “can’t become a free-for-all hellscape” and that it will focus on following the “laws of the land” while creating a “warm and welcoming environment for all”.
