https://sputnikglobe.com/20221112/media-elite-doing-all-they-can-to-stop-twitter-elevating-citizen-journalism-says-musk-1104039512.html

Media Elite Doing All They Can To Stop Twitter 'Elevating Citizen Journalism', Says Musk

Sputnik International

On Friday, Twitter owner and chief executive Elon Musk said a record number of active tweeters are using his social media platform. 12.11.2022, Sputnik International

2022-11-12T06:40+0000

2022-11-12T11:16+0000

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Entrepreneur billionaire Elon Musk said that the major media will try to do everything possible to prevent his social network from developing citizen journalism.Musk also said that the mainstream media will flourish, but will witness the "destruction" of its stranglehold on the supply of information because of increased competition from citizens.Musk finalized the acquisition of Twitter on 28 October, which cost him $44Bln.After that, Musk effected significant changes to policies and the day-to-day operations of the company. The entrepreneur fired previous chief executive Parag Agrawal as well as thousands of regular Twitter employees, abolished working from home and introduced a new verification system, according to which users can now receive a verification mark for $7.99 a month.

https://sputnikglobe.com/20221110/musk-says-twitter-may-see-multibillion-losses-bankruptcy-next-year-reports-say-1104005470.html

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Media Elite Doing All They Can To Stop Twitter 'Elevating Citizen Journalism', Says Musk

06:40 GMT 12.11.2022 (Updated: 11:16 GMT 12.11.2022)

© AP Photo / Matt RourkeElon Musk walks from the the justice center in Wilmington, Del., Monday, July 12, 2021. Musk took to a witness stand Monday to defend his company's 2016 acquisition of a troubled company called SolarCity against a shareholder lawsuit that claims he's to blame for a deal that was rife with conflicts of interest and never delivered the profits he had promised.

Elon Musk walks from the the justice center in Wilmington, Del., Monday, July 12, 2021. Musk took to a witness stand Monday to defend his company's 2016 acquisition of a troubled company called SolarCity against a shareholder lawsuit that claims he's to blame for a deal that was rife with conflicts of interest and never delivered the profits he had promised. - Sputnik International, 1920, 12.11.2022

Maxim Minaev

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On Friday, Twitter owner and chief executive Elon Musk said a record number of active tweeters are using his social media platform.

Entrepreneur billionaire Elon Musk said that the major media will try to do everything possible to prevent his social network from developing citizen journalism.

"As Twitter pursues the goal of elevating citizen journalism, the media elite will try everything to stop that from happening," Musk tweeted.

Musk also said that the mainstream media will flourish, but will witness the "destruction" of its stranglehold on the supply of information because of increased competition from citizens.

Elon Musk founder, CEO, and chief engineer/designer of SpaceX speaks during a news conference after a Falcon 9 SpaceX rocket test flight at the Kennedy Space Center in Cape Canaveral, Fla, Jan. 19, 2020. - Sputnik International, 1920, 10.11.2022

World

Musk Says Twitter May See Multibillion Losses, Bankruptcy Next Year, Reports Say

10 November 2022, 21:58 GMT

Musk finalized the acquisition of Twitter on 28 October, which cost him $44Bln.

After that, Musk effected significant changes to policies and the day-to-day operations of the company. The entrepreneur fired previous chief executive Parag Agrawal as well as thousands of regular Twitter employees, abolished working from home and introduced a new verification system, according to which users can now receive a verification mark for $7.99 a month.