Social media gains prominence after being bought by the world’s richest man for $44 billion. Freedom of expression should be Elon Musk’s focus.
Total users worldwide: 217 million.
19 million users in Brazil, the 4th country in the world with the highest number of users.
Musk’s proposed changes include
Content moderation;
Implementation of an edit button;
Implementation of new tools;
Opening algorithm code;
Combatting bots;
Authenticating all humans.
What does Elon Musk say?
Impact on the economy
The “meme-cryptocurrency” Dogecoin, favored by Tesla’s CEO, rose 15% after the announcement of a potential deal and 25% after the purchase was confirmed. For comparison, Bitcoin and Ether saw increases of less than 1%; Twitter’s shares rose 6% on the day of the purchase. The deal is poised to become the third-largest acquisition in the technology sector, behind Microsoft’s acquisition of Activision Blizzard and Dell’s acquisition of EMC.
Sources: Data Reportal, NY Times, Exame, Yahoo Finance, Forbes, Veja, Folha, and Canaltech.
