April 25, 2022

Musk and Twitter reach a deal

 Via Yahoo this bit of good news:

Elon Musk has reached a deal to buy Twitter.
The news was announced on Monday following Musk's offer to take over the social platform.
Twitter "has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company," the company said in a news release.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it."

I say good news, but that is conditional on Musk following through with what he says he plans to do. So far, there's no reason to doubt that he will.  

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