The world’s richest man, Elon Musk’s acquisition of the social network Twitter has been one of the hottest topics globally this week, but right now there are more questions than answers about the future of that network. 229 million users per day according to their numbers.

Thousands of articles published in all languages ​​question the power of some individuals over the social networks used by millions and whether they are organized for the public interest, and warnings are made against “censorship”, which is extremism according to Musk. on twitter.

It means an investment of 44,000 million dollars Musk The Twitter acquisition forced it to get rid of 9.6 million shares in electric vehicle company Tesla, which reported $8,500 million, in just three days from Tuesday to last Thursday, according to documents provided by the Securities Market Commission. .

How can I explain all this open effort by the world’s richest man—Forbes calculates his fortune at $246,000 million—for a relatively small social network, and also because it’s always at a loss?

Musk’s promises to banks

Yesterday, economic channel CNBC described Musk’s negotiations with the big banks that helped finance the operation, revealing some of the proposals the eccentric South African millionaire had developed as ideas rather than solid and detailed commitments.

Internally, Musk was planning to cut executives’ salaries so high that they hit $630 million last year (a 33% increase over 2020). Information developed by Bloomberg.

As for the best way to “make money” on a free network so far – aside from Twitter Blue’s paid service that costs $2.99 ​​per month – Musk’s intentions are unclear after he tweeted himself and then deleted it that he wanted to reduce reliance on the ad network.

CNBC suggests that one of the most likely projects would be charged for tweets that contain important information or go viral, or tweets that contain content from a website or a verifiable third party, but Musk gave no further clues.

moderation and censorship

But if there’s one thing Musk doesn’t keep quiet about, it’s in his fight against so-called censorship on Twitter, as he says – supporting the American libertarian right here – the moderation policy imposed on the network to curb hate speech.

an article from Wall Street Magazine Today it works wonders: “Despite all the problems in the world, why did Musk decide he could solve it alone?” and in the orbit of the radical right, some comment that a group of billionaires close to Trump is extremely influential. Musk’s quest to take over Twitter to remove the brakes on the network.

• Twitter’s largest shareholder Elon Musk wonders if the social network is “dying”

Musk has been tweeting about the far-right and far-left for a few days, placing himself in a kind of progressive centre, but implying last Thursday that progressive “biganism” moving increasingly to the left had ended by zooming in. Right.

It is a widespread notion among the American right that social networks are being taken over by progressives who “wake up” or impose politically correct content, always censoring conservative voices. Wall Street Magazine He published an article detailing the topic -always close to big business- titled “Musk can fix Twitter”.

another article today New York Times allegedly demonstrates the opposite: citing a study conducted between April and August 2020, which reveals that the network’s algorithms actually amplify the tweets of conservative politicians in seven different countries rather than progressive ones.

the same New York Times gave voice to Frances Haugen, executive who left Facebook yesterday to denounce its bad practices, saying that moderating content on a network is never equivalent to censorship – giving the example of tightly regulated pharmaceutical advertising – and United States algorithms are more transparent and controllable. To make it follow the European way.