Winners and losers of Elon’s Twitter takeover
1 big thing
Axios
4.0 • 2K Ratings
🗓️ 26 April 2022
⏱️ 9 minutes
🧾️ Download transcript
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| 0:00.0 | Good morning. Welcome to Axios today. It's Tuesday, April 26. I'm Nyla Boudou. Here's |
| 0:09.7 | what you need to know today. The U.S. says Russia is failing in Ukraine. But first, today's |
| 0:15.3 | one big thing. The winners and losers of Elon's Twitter takeover. |
| 0:25.7 | Elon Musk is buying Twitter for $44 billion. The deal was announced Monday afternoon, 11 days |
| 0:32.8 | after his initial bid. And it puts one of the world's richest people atop the influential |
| 0:38.2 | social media platform. And raises tons of new questions about Twitter's future for users. |
| 0:44.8 | Here with more as Axios' cheap technology correspondent, Ena Fried. Hey, Ena. |
| 0:48.9 | Ena. As soon as the Axios alert about the deal happened, I got a text from a listener |
| 0:53.8 | asking, does this mean President Trump is going to be able to get back on Twitter? |
| 0:57.6 | Well, not immediately, because the Twitter management is still in charge. The deal won't close |
| 1:03.4 | until later this year. But I think that question is really emblematic of a series of questions |
| 1:09.8 | that everyone is asking. What does this mean for Twitter the site? Is it going to be different |
| 1:15.9 | than it is today? And depending on where you sit, that could be a very good thing or a very bad thing. |
| 1:21.8 | So what changes has Elon Musk talked about saying he wants to do? |
| 1:26.6 | So he's talked about things that are in his fields of interest. So more openness as far as |
| 1:32.2 | the algorithm. He's talked about open sourcing it. He's talked about more acceptance of cryptocurrency. |
| 1:38.2 | He's obviously big into that. But then most importantly, he's spoken about free speech. And |
| 1:44.0 | it's very interesting because people mean different things when they say free speech. And we're not |
| 1:48.9 | 100% sure what Elon means and what it'll do. But there's a lot of concern that that means |
| 1:54.7 | unmotorated speech, which generally hasn't worked out very well on the internet. |
| 2:00.3 | And when you think about the idea of unmotorated speech, |
| 2:03.8 | what would this move mean for users of communities like people of color or LGBTQ plus people |
... |
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