Headline RoundupOctober 28th, 2022

Elon Musk Formally Takes Over Twitter

Summary from the AllSides News Team

Elon Musk closed his $44 billion deal to take control of Twitter on Thursday and immediately implemented changes, including firing several top executives.

Key Quotes: "The bird is freed," Musk tweeted Thursday night, in reference to Twitter's signature blue bird logo.

For Context: CEO Parag Agrawal, CFO Ned Segal, head of legal, policy and trust Vijaya Gadde, and general counsel Sean Edgett all were fired. Gadde was in charge of some high-profile content moderation decisions, such as banning former President Donald Trump from the platform in early 2021 and censoring the New York Post's (Lean Right bias) article about Hunter Biden's laptop in late 2020. Musk agreed to buy Twitter in April before moving to cancel the deal over security concerns on the platform. Instead of going to trial over the dispute, Musk offered to complete the deal at the original asking price earlier this month.

How the Media Covered It: Left- and center-rated media focused more on uncertainty among Twitter users and employees about the future of the platform and rules for online speech. Some right-rated outlets focused more on framing the left's reaction to Musk's takeover as overly dramatic and highlighting voices who celebrated the news.

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