Elon Musk says he's bailing on the $44 billion deal to buy Twitter because the social media giant was in 'material breach' of the agreement.
"It feels like the end of the movie, where the characters are bloodied and bedraggled with a Michael Bay explosion behind them," said one Twitter employee."We could see this was coming, but in the meantime, he's fucking destroyed the company.
"For nearly two months, Mr. Musk has sought the data and information necessary to 'make an independent assessment of the prevalence of fake or spam accounts on Twitter’s platform,'" Musk's team explained in aResponse to the breaking news included rebuke from progressives like Rep. Chuy García whoMusk had secured about $25 billion in debt financing tied to his stock in Tesla, where he is CEO.
"From the outset, Elon Musk's attempt to take over Twitter was about advancing his own red-pilled ideological agenda. He was explicit about his intentions, which is why right-wing extremists celebrated the news," Angelo Carusone, president of the watchdog Media Matters for America,in a statement."If Musk was to acquire Twitter and follow through with even a fraction of what he had promised to do, Twitter would become a supercharged engine of radicalization.
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