It was done. Elon Musk actually did it. It was Twitter’s Board of Directors unanimously approved his acquisition of the popular and important social media site in the amount of around $44 billion.
In terms of technicality, it’s preposterous to declare Musk is the owner of Twitter. Musk “owns” Twitter. The shareholders and the regulators have to be able to approve the deal. However, given the board’s unanimous support for the deal, these hurdles could be nothing more than the nuances. The agreement is likely to be completed later in the year.
The deal raises doubts regarding the future of Twitterverse. Though we are unable to understand Musk’s thoughts however, we are able to anticipate the outcome of several of the questions raised here.
What can Elon Musk Do as the owner of his Company?
As the sole owner of the business, Musk will have virtually all control. He can hire employees (to oversee the day-to-day operations of the business) and also appoint directors on the company’s board of directors naturally, but Musk can pick people that align with the same vision.
and get rid of those that don’t. It’s not easy to say with certainty, Musk could theoretically clean his home and move the headquarters of Twitter out of San Francisco to Texas, where he has four other businesses (Tesla, SpaceX, Neuralink as well as The Boring Company). We’ll have to wait and see.
What’s the future of the Speech On Twitter?
Musk’s idea of freedom of speech may be rooted in First Amendment. The press release that announced the deal, Musk said that “free speech is the cornerstone of a democratic system, as well Twitter is the town square, where issues crucial for the human future are being debated.” It’s a pretty strong wording. Musk is also known as a freedom-of-speech absolutist.
If he believes First Amendment principles should govern the discussions in Twitter, Musk may lift many of the restrictions on speech which are in place. This would permit speech on nearly everything. The only exceptions are:
- Affirmation of imminent lawless actions
- Obscenity (note that obscenity and pornography do not mean identical)
- Child pornography
- Defamation (libel and slander)
- Criminal acts involving speech (e.g. perjury, extortion, etc.)
- Real threats
- Speech that is in violation of intellectual property law (e.g. trademarks, copyrights, etc.)
- Invitations for the commission of criminal acts
What is the difference between misinformation and Disinformation?
The Biden Administration has worked to end “misinformation” as well as “disinformation” across the social media platforms of all kinds which includes Twitter. The term “misinformation” refers to false or false data. It is deliberately false or false or misleading information. There is a debate over the truthfulness of information or not. For some, it might be a source of disinformation. To some, it could cause dissent.
Legally, it doesn’t make a any difference. If a comment is not defamatory, it’s legal and in violation of there is no legal basis for it. First Amendment allows both misinformation as well as disinformation, however bizarre as it may sound. If Musk is true the values he has stated We could witness, either way ending of a number of Twitter restrictions on speech and restoration of several suspended accounts.
If Twitter Allows Misinformation and misinformation, could we Claim a Lawsuit if It Hurts Us?
At the moment, Twitter cannot be held accountable for disinformation or misinformation that are posted by third party through the platform. Twitter is also able to block everything it wishes to (limited by its terms of service). The law that grants Twitter the right to do this is Section 230 of the Communications Decency Act of 1996.
Before Musk made his announcement many conservatives supported the repeal of section 230. They believed the Big Tech exercises too much influence over the public’s discourse. A majority of liberals opposed the move and argued that it violates rights under the First Amendment to give platforms such as Twitter the power to take down inaccurate and deceptive material.
The Twitter acquisition has made both sides appear to be reversing. There was a reversal in the Biden administration was inquired by journalists about it’s position on section 230 after Musk had bought Twitter. Although she was unable to speak specifically about the purchase, White House press secretary Jen Psaki said the administration is concerned for a long time over the influence of social media platforms , and would like Congress to repeal section 233.
It is possible that we will see some amendments to the statute in the coming year, considering that the Democrats hold both Congress as well as the White House. As long as Republicans are able to filibuster any legislation they want within the Senate Section 230 is likely to remain in place for the foreseeable future.
Can the President Trump get his Twitter account Return to Twitter?
One of the questions that everyone is asking is “Will Trump be able to get his Twitter account back?” Trump have his Twitter account restored?” Musk is yet to speak about this issue, however it would fit with his beliefs.
But, following Trump’s Twitter restriction, Trump started his own social media platform, Truth Social. Trump also stated that, while he would like to wish Musk all the best, he wouldn’t ever use Twitter for any longer. If Trump’s former presidency could be believed to be true to his word, don’t have to look for Trump tweets on Twitter.
There is no need to resolve the problem on your own. Hire a Lawyer
An appointment with a lawyer will assist you in understanding your rights and the best way to ensure your rights. Check out our directory of attorneys to locate a lawyer close to your home who will be able to assist.