4 Changes Elon Musk Could Push at Twitter...The Tesla boss wants to buy the social media network.

On Thursday, Musk revealed he offered to buy Twitter for $54.20 per share, a potential deal that would value Twitter at about $43 billion. The announcement came after Musk rejected a seat on Twitter's board.

"Twitter has extraordinary potential. I will unlock it," Musk wrote in a letter to Bret Taylor, chairman of Twitter's board of directors. With a 9.2% stake in Twitter, Musk is one of the company's largest shareholders.

Musk's bid to take over Twitter has fueled speculation about what this could mean for the social media site's future. If Twitter rejects Musk's offer, the tech mogul said he would reconsider his position as a shareholder. Musk has even floated the idea of creating a new social network.

Like other Twitter users, Musk hasn't been shy about sharing thoughts for what needs to be fixed on the site, tweeting his frank remarks to his 81 million followers. (Musk has more social media clout, as measured by followers, than Twitter CEO Parag Agrawal and Twitter co-founder Jack Dorsey combined.) Those tweets provide insight into his love-hate relationship with Twitter.

— Elon Musk (@elonmusk) February 5, 2022 Dorsey, a well-known figure in the tech industry, has expressed admiration for how Musk uses Twitter, noting that the mogul shares "his thinking openly" on the site. But Musk's candor has also landed him in hot water. In 2018, the US Securities and Exchange Commission sued Musk for allegedly violating securities law after he tweeted that he had "funding secured" to take Tesla private. The SEC and Musk reached a settlement that required some of his tweets be preapproved, though his lawyers are trying to end that agreement.

What is and isn't allowed on Twitter is a subject Musk has been tweeting about since before he disclosed his stake in the company. At the end of March, for instance, Musk tweeted a poll inquiring whether users believed Twitter was protecting free speech. He said the poll results would be "very important."

"Free speech is essential to a functioning democracy," Musk tweeted. "Do you believe Twitter rigorously adheres to this principle?"

About 70% of 2 million respondents responded No. "Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy. What should be done?" he said in a follow-up tweet, adding another question about whether a new platform was needed.

Given that Twitter serves as the de facto public town square, failing to adhere to free speech principles fundamentally undermines democracy.

Musk isn't the first person to question whether Twitter is censoring some voices. Conservatives criticized the company for banning former US President Donald Trump after the Jan. 6 Capitol Hill riots, though Dorsey has defended the call, made because of the risk of inciting violence. Some Twitter users have been calling on Musk to allow Trump back on the platform.

The First Amendment doesn't apply to private companies, such as Twitter, which can create their own rules about what is allowed. In 2020, Agrawal, then Twitter's CTO, told MIT Technology Review the company's role is "not to be bound by the First Amendment" but to "serve a healthy public conversation."

How much influence Musk can have on content moderation is an open question. Twitter says its policy decisions aren't determined by either the board or shareholders, and it has no plans to reverse any existing policies.

For what it's worth, Musk's tweets haven't been free of controversy. Musk was accused of violating Twitter's rules against harmful coronavirus misinformation in 2020 when he falsely tweeted that "kids are essentially immune" from COVID-19. In reality, children can catch the virus. Twitter told Axios the tweet didn't violate its rules because it wasn't "definitive."

Cryptocurrency scams have been a thorn on Twitter's side, and they're a problem that has personally impacted Musk.

Scammers have impersonated Musk using fake accounts on various social media sites in an effort to get people to give away cryptocurrency. In 2020, Musk's account was also among high-profile Twitter accounts that were hacked to push a bitcoin scam.

In January, Musk complained that Twitter was spending time on products such as profile pictures that showcase nonfungible tokens, assets verified on a blockchain, rather than fighting crypto spam bots.

"Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?," he tweeted.

He made a similar complaint last week, tweeting that these bots are the "single most annoying problem" on Twitter.

Twitter users have long asked for a way to edit their tweets for typos and other problems, but the highly requested feature hasn't been at the top of the company's priorities. Twitter did include a way to undo tweets as part of its Twitter Blue $3 per month subscription plan.

On April 4, Musk brought up the idea of an edit button again, tweeting another poll. "Do you want an edit button," he tweeted, misspelling the words yes and no. More than 4 million votes were cast, with almost three quarters supporting the idea.

Musk hasn't offered his own view of whether he thinks an edit button is needed. On April 5, Twitter tweeted that it's been working on an edit feature since last year -- "no, we didn't get the idea from a poll," Twitter's communications team tweeted with a winky face emoji. The company said it will start testing the tool to learn what works and is possible.

Twitter has expressed concerns before that an edit tool could lead to issues such as people sharing tweets that are then altered to change their meaning. In 2020, Dorsey even told Wired that Twitter would probably never add an edit button.

"We started as an SMS text messaging service. So, as you all know, when you send a text, you can't really take it back," Dorsey said in the interview. "We wanted to preserve that vibe and that feeling in the early days."

It seems like Twitter is putting the feature higher on its priority list. On April 4, Agrawal used familiar language to respond to Musk's edit button poll.

"The consequences of this poll will be important. Please vote carefully," Agrawal tweeted.

Social media users have complained that algorithms control their lives, enticing them to spend more time on Twitter, Facebook and other platforms. Some Twitter users prefer to see tweets in chronological order. In March, Twitter rolled back a change that would show the algorithmic feed by default after user complaints.

Musk has suggested Twitter could make the algorithm open-source. Musk didn't specify what that would entail, but open-source software is freely available and can be altered. He posed the idea in a March 24 poll. About 83% of 1 million respondents said yes.

Dorsey appeared to endorse the results, tweeting, "The choice of which algorithm to use (or not) should be open to everyone."

The choice of which algorithm to use (or not) should be open to everyone https://t.co/o2DkSTWW0O

It is obvious that the CIA will not let Elon buy it’s creation.

2 posted on 04/15/2022 6:22:20 AM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)

I think Elon is doing what one wag called “deworsefication.” It’s like Evergrand (The Chinese developer) buying a football team.

4 posted on 04/15/2022 6:34:45 AM PDT by Gen.Blather (Wait! I said that out loud. Sorry.)

Except...... Evergrande isn’t anymore

5 posted on 04/15/2022 6:44:44 AM PDT by bert ( (KE. NP. N.C. +12) Promoting Afro Heritage diversity will destroy the democrats)

6 posted on 04/15/2022 6:45:02 AM PDT by 4Liberty (Remember when government paved the Roads and trained the Army – instead of lying and oppressing?)

Elon does not want twitter. He is just rattling cages for fun and profit.

7 posted on 04/15/2022 6:45:46 AM PDT by devane617 (RUN FOR LOCAL ELECTED OFFICE! COUNCIL,SCHOOL BOARD, ETC.)

That moron actually said “For democracy to survive we need more censorship”

Apparently too stupid to realize those are mutually exclusive.

8 posted on 04/15/2022 6:57:10 AM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself)

And of course, old Max Boot forgets that the tech giants will simple “cancel” any alternate social media platform to Twitter. Remember that leftists do not play fair. Remember that their mantra is “the end justifies the means.”

There is still hope as long as we have the Musks. However, we are losing the battles and may lose the war.

11 posted on 04/15/2022 3:48:52 PM PDT by devane617 (RUN FOR LOCAL ELECTED OFFICE! COUNCIL,SCHOOL BOARD, ETC.)

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.