4 min read.Updated: 26 Apr 2022, 10:13 PM ISTTimothy L. O’Brien
It could get saddled with debt and also fail us on tweet moderation
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It looks as if Twitter Inc will sell itself to Elon Musk for $43 billion, which would make the deal one of the largest leveraged buyouts in Wall Street history and give Tesla’s boss a powerful social media perch. The math is sketchy, however, as are Musk’s intentions. Both of those factors promise to make this deal a potential train wreck and will force investors, managers, users and society to think more clearly and seriously about the role that social media companies play in an era scarred by viral propaganda and misinformation.
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