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  • Twitter is heavily criticized for its recent policy changes, with Elon Musk considering some adjustments.
  • In a move that negates Musk’s free speech narrative, Twitter has barred some selected journalists from its platform.

After his Twitter takeover, Elon Musk, the billionaire tech entrepreneur, announced several changes to the microblogging platform. However, the Twitter owner has come under intense criticism as the new policy changes resulted in some accounts being suspended and a lot of other issues.

In an apparent move to address the unexpected chaos that has thrown confusion among the Twitter community after his acquisition, the Tesla owner initiated a poll to determine whether he will step down as the CEO. In a Twitter poll, Musk noted that he would abide by the results of the votes should the majority want him to step down as the head of the micro-blogging firm.

 

 

The latest development arose after Musk stated that Twitter needs new investors to accelerate the pace of upgrades he wants to achieve for the social media platform. Furthermore, a few hours after the poll began, there were 10.6 million votes cast, with the majority of the voters (56%) calling for the resignation of the controversial billionaire).

It is worth noting that the recent event occurred 45 days after Musk acquired Twitter to reposition the popular social media platform. Moreover, since Musk’s take over Twitter, he has made huge changes to the platform, notably firing some of Twitter’s staff and rehiring them again, and lifting the suspension of several accounts.

In another twist to the drama, reports indicate that Musk’s recent antics on Twitter are affecting the stocks of his electric car company, Tesla. In another move that negates Musk’s free speech narrative, Twitter has barred some selected journalists from its platform. The affected persons are from CNN and the Washington Post.

The reason for their suspension is that the journalists were alleged to be stalking the billionaire and his location. As expected, the move draws disapproval from the international community, with the American Civil Liberties Union stating that Twitter is setting a “dangerous example” by discouraging freedom of information.

With Twitter implementing drastic changes to its policy, an account of a prominent individual was suspended, forcing Musk to intervene by saying that he would ensure some adjustments hours after the policy’s adoption.

Paying a New CEO in Bitcoin?

In a bid to find a capable hand to oversee the operations of Twitter, Elon Musk posted that he is searching for a new CEO. The billionaire stressed in his post that he is looking for a new CEO who can make Twitter thrive. In response, Edward Snowden, the American and naturalized Russian computer scientist, expressed his interest. However, Snowden responded by saying he would only take payment in Bitcoin. In the meantime, Musk has yet to reply.

 

 

The billionaire’s support has spurred the meme Dogecoin’s price rise, and the latest development may impact the coin’s utility drive. With Twitter’s policy changes to be reviewed again, experts predict this might affect the DOGE’s utility and price.


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This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.

Paul is a cryptocurrency enthusiast hailing from Canada, bringing a wealth of knowledge and a passion for digital finance to the forefront. With a solid foundation in business administration, having earned a Master's degree in the field, Paul possesses a unique blend of business acumen and cryptocurrency expertise. Cryptocurrency Journey Paul's journey into the world of cryptocurrencies commenced in 2021 when he recognized the transformative potential of blockchain technology. Since then, he has been dedicated to keeping the crypto community well-informed through his writings. Specializing in news-related articles, Paul provides readers with up-to-the-minute insights into the dynamic and ever-evolving crypto landscape. Business Email: info@crypto-news-flash.com Phone: +49 160 92211628

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