Dan Ives, managing director of Wedbush Securities, discusses Elon Musk’s ability to turn Twitter into a money-making business on ‘The Claman Countdown’.
Liberals with verified Twitter accounts flooded the social media platform to oppose the idea of billionaires buying social media companies, prompting conservative critics to point out that many Democrats have been silent on similar billionaire purchases in the past.
Former Democratic congressional candidate Nina Turner: “It’s bad that Elon Musk bought Twitter” tweeted this week. “Billionaires who own media outlets are bad. It’s bad that billionaires buy into politicians. We wonder why the statement ‘the rich get richer and the poor get poorer’ is true?”
“When multi-billionaires take control of our most vital platforms for communication, it’s not a win for free speech. It’s a win for the oligarchy,” said Robert Reich, former secretary of labor for the Clinton administration. Published on Thursday.
Conservatives on social media responded to the tweets, stating that Democrats support the Washington Post being owned by billionaire Jeff Bezos and are less critical of the wealth of Facebook founder Mark Zuckerberg and former Twitter CEO Jack Dorsey.
TRUMP WILL STAY IN SOCIAL TRUTH BETWEEN ELON MUSK TWITTER’S ENTRY
Elon Musk attends the 2022 Met Gala at the Metropolitan Museum of Art in New York on May 2, 2022. (Dimitrios Kambouris/Getty Images for The Met Museum/Vogue/Getty Images)
“Translation: Leftists liked the old billionaire more than the new billionaire because the former billionaire silenced anyone who disagreed with the Leftists.” Republican Dream. Ted Cruz He tweeted in response to Reich.
“Stop attacking Bezos Zuckerberg and Dorsey, you know your guys,” said CPAC Chairman Matt Schlapp.
WHAT WILL I DO IF ELON MUSK KEEPS TWITTER READY: READY FOR FREEDOM
Tesla CEO Elon Musk smiles as he addresses guests at the Offshore Northern Seas 2022 (ONS) meeting in Stavanger, Norway ((Photo: Carina Johansen / NTB / AFP/ Getty Images / Getty Images)
Musk is done $44 billion acquisition He sent a letter to Twitter and advertisers on Thursday outlining his vision for the company.
“I bought Twitter because it’s important for the future of civilization to have a shared digital town square where a wide range of beliefs can be discussed in a healthy nonviolent way.” Musk shared on Twitter. “There is a grave danger right now that social media is splitting into far-right and far-left echo chambers that generate more hate and divide our society.”
CLICK TO READ MORE ABOUT FOX BUSINESS
The Twitter logo appears on a sign on the exterior of Twitter’s headquarters in San Francisco, California, on October 28, 2022. – After months of controversy, Elon Musk is now at the helm of one of the most influential social networks on the planet. , what (Photo by Constanza Hevia/AFP via Getty Images/Getty Images)
Musk added: social media He said the platform “cannot be a free hellscape for all” and will focus on adherence to “laws of the land” while also promoting a “warm and welcoming environment for all”.
