{"id":24274,"date":"2022-04-25T19:01:37","date_gmt":"2022-04-25T19:01:37","guid":{"rendered":"https:\/\/tahrir2day.com\/news\/2022\/04\/25\/twitter-board-agrees-to-44bn-takeover-by-elon-musk\/"},"modified":"2022-04-25T19:01:37","modified_gmt":"2022-04-25T19:01:37","slug":"twitter-board-agrees-to-44bn-takeover-by-elon-musk","status":"publish","type":"post","link":"https:\/\/tahrir2day.com\/news\/2022\/04\/25\/twitter-board-agrees-to-44bn-takeover-by-elon-musk\/","title":{"rendered":"Twitter board agrees to $44bn takeover by Elon Musk"},"content":{"rendered":"<div >\n<p ><b >Twitter&#8217;s board of directors has approved a $44 billion takeover bid by billionaire Elon Musk. <\/b><\/p>\n<\/div>\n<div >\n<p >Mr Musk, who made the shock offer less than two weeks ago, has claimed he is the right person to &#8220;unleash&#8221; the social media company&#8217;s &#8220;extraordinary potential&#8221;.<\/p>\n<\/div>\n<div >\n<p >He has proposed a range of changes, from easing content restrictions to getting rid of fake accounts.<\/p>\n<\/div>\n<div >\n<p >The company initially rejected Mr Musk&#8217;s offer but will now ask shareholders to vote to approve the deal.<\/p>\n<\/div>\n<div >\n<p >Mr Musk is the richest man in the world, according to Forbes magazine, with an estimated net worth of $273.6 billion, largely due to his stake in electric vehicle maker Tesla, which he runs.  He also heads the aerospace company SpaceX.<\/p>\n<\/div>\n<div >\n<p >&#8220;Freedom of expression is the foundation of a functioning democracy, and Twitter is the digital marketplace where important issues affecting the future of humanity are debated,&#8221; Musk said. <\/p>\n<\/div>\n<div >\n<p >\u201cI also want to make Twitter better than ever by improving the product with new features, open-sourcing algorithms to increase trust, defeat spam bots, and authenticate everyone. <\/p>\n<\/div>\n<div >\n<p >&#8220;Twitter has tremendous potential &#8211; I look forward to working with the company and the user community to unlock it.&#8221;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Twitter&#8217;s board of directors has approved a $44 billion takeover bid by billionaire Elon Musk. Mr Musk, who made the shock offer less than two weeks ago, has claimed he is the right person to &#8220;unleash&#8221; the social media company&#8217;s &#8220;extraordinary potential&#8221;. He has proposed a range of changes, from easing content restrictions to getting [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-24274","post","type-post","status-publish","format-standard","hentry","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v18.1 (Yoast SEO v18.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Twitter board agrees to $44bn takeover by Elon Musk - Tahrir News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tahrir2day.com\/news\/2022\/04\/25\/twitter-board-agrees-to-44bn-takeover-by-elon-musk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Twitter board agrees to $44bn takeover by Elon Musk\" \/>\n<meta property=\"og:description\" content=\"Twitter&#8217;s board of directors has approved a $44 billion takeover bid by billionaire Elon Musk. Mr Musk, who made the shock offer less than two weeks ago, has claimed he is the right person to &#8220;unleash&#8221; the social media company&#8217;s &#8220;extraordinary potential&#8221;. 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