{"id":48986,"date":"2022-10-28T09:23:23","date_gmt":"2022-10-28T06:23:23","guid":{"rendered":"https:\/\/www.ukrgate.com\/eng\/?p=48986"},"modified":"2022-10-28T09:23:27","modified_gmt":"2022-10-28T06:23:27","slug":"musk-in-a-letter-to-advertisers-confirmed-the-purchase-of-twitter-and-explained-his-motivation","status":"publish","type":"post","link":"https:\/\/www.ukrgate.com\/eng\/?p=48986","title":{"rendered":"Musk, in a letter to advertisers, confirmed the purchase of Twitter and explained his motivation"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>KYIV. UkraineGate .28 . October\u00a0 .2022 | Society .<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u00a0<\/strong>American billionaire and SpaceX founder Elon Musk posted a letter to advertisers on his Twitter page confirming that he had finally bought Twitter. In the letter, Musk said he wanted to have a digital platform to discuss a wide range of opinions<strong> .<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Citation<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&#8220;I wanted to reach out to you personally to share my motivation in acquiring Twitter. There has been a lot of speculation about why I bought Twitter and what I think about advertising. Most of them were false. The reason I acquired Twitter is that it is important for a future civilization to have a shared digital platform where you can discuss a wide range of beliefs in a healthy manner without resorting to cruelty,&#8221; Musk said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, he added that it would not be possible to publish anything on the social network without further consequences. At the same time, according to Musk, Twitter will remain hospitable to everyone.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Add<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CNBC, citing its own sources,\u00a0reported\u00a0that Musk now runs Twitter, and the former management has left the company&#8217;s San Francisco headquarters.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Elon Musk and Twitter<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Tesla and SpaceX owner Elon Musk offered\u00a0to buy back\u00a0the remaining shares of Twitter after he bought 9.2% of its shares.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He struck a deal\u00a0to buy Twitter Inc for $44 billion in cash as part of a transaction that transfers control of the social media platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk later\u00a0threatened to forgo\u00a0the $44 billion deal with Twitter. Elon accused Twitter of &#8220;resisting and undermining&#8221; its right to information about fake accounts on the platform, calling it a &#8220;clear material violation&#8221; of the terms of their merger agreement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">It also previously became known that Elon Musk&#8217;s deal to buy Twitter\u00a0was under threat,\u00a0as his analysts did not find effective ways to verify and identify the correct number of spam accounts on the social network.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">According to CNBC, referring to a letter sent by Musk&#8217;s lawyer to Twitter&#8217;s chief legal officer, Musk\u00a0terminated the agreement\u00a0to acquire the social network. According to Skadden Arps attorney Mike Ringler, &#8220;Twitter has not fulfilled its contractual obligations.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Twitter Inc.\u00a0sued\u00a0Elon Musk for violating a $44 billion deal to buy a social media platform and asked Delaware&#8217;s court to order the richest man in the world to complete the merger at an agreed price of $54.20 per share of Twitter. Musk\u00a0later began a legal battle\u00a0to buy back Twitter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In August, he said his planned $44 billion takeover of Twitter Inc. should\u00a0continue\u00a0if the company can confirm some details about how it determines whether user accounts are &#8220;spambots&#8221; or real people.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In addition, Musk hinted at the\u00a0possibility of creating\u00a0his own social platform X.com after failing to acquire the social network Twitter.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In September, Twitter shareholders\u00a0approved a deal\u00a0to sell the company to billionaire Elon Musk. The meeting lasted seven minutes.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Musk later changed his\u00a0signature\u00a0on the social network Twitter to &#8220;Twit Chief,&#8221; most likely hinting that the company&#8217;s purchase deal had likely been completed. In addition, the billionaire visited Twitter headquarters and brought a handwashing sink there.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Source:\u00a0Ukrgate<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KYIV. UkraineGate .28 . October\u00a0 .2022 | Society . \u00a0American billionaire and SpaceX founder Elon Musk posted a letter to advertisers on his Twitter page confirming that he had finally bought Twitter. In the letter, Musk said he wanted to have a digital platform to discuss a wide range of opinions . Citation &#8220;I wanted [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":48988,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11447,16,10831],"tags":[813,996,2399,1000,1064,1854],"class_list":["post-48986","post","type-post","status-publish","format-standard","has-post-thumbnail","category-society","category-ukraine-news","category-war-news","tag-russia","tag-ukraine","tag-ukraine-gate","tag-ukraine-news","tag-war","tag-world-news"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/48986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=48986"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/48986\/revisions"}],"predecessor-version":[{"id":49001,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/48986\/revisions\/49001"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/48988"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=48986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=48986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=48986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}