Zuckerberg has too much power on social media, says aspiring Twitter boss Musk | Elon Musk
Tesla CEO Elon Musk has derided Meta CEO Mark Zuckerberg for owning vast media platforms as Musk himself tried to buy the vast media platform Twitter.
Speaking at a Ted Talk in Vancouver, Musk accused Zuckerberg of having too much control over the public debate given that he owns Meta, which is the parent company of Facebook, Instagram, WhatsApp and Facebook. other social media sites.
“On media ownership, I mean, you have Mark Zuckerberg owning Facebook, Instagram, and WhatsApp, and with an ownership structure that will allow Mark Zuckerberg XIV to still control those entities,” Musk said, apparently referring to King Louis. XIV, the “Sun King” whose wealth and power were legendaryly vast.
“We won’t have that on Twitter,” added Musk, who is currently offering to buy Twitter for more than $40 billion after failing to join their board this week.
Of his potential ownership, Musk said he wanted to retain the maximum number of shareholders. He currently owns 9.1% of Twitter.
According to the Daily Mail, Musk also said he wanted to keep Twitter’s algorithm open source and transparent, as well as allow the site to err on the side of free speech against censorship. Musk added that Twitter could act as an “inclusive arena for free speech.”
The news of Musk’s potential Twitter ownership didn’t go down well with many Twitter employees. As the Washington Post reports, while Twitter is a fairly liberal place to work, Musk has often been criticized for mocking gender pronouns and sharing misinformation about Covid-19.
Tesla also faced multiple lawsuits for racial discrimination and sexual harassment.
“Musk taking over Twitter would be a nightmare for many employees who worked under the [former Twitter CEO] Dorsey Diet and Twitter,” Daniel Ives, managing director and senior equity research analyst at financial services firm Wedbush Securities, told The Post.