Recently World’s richest man Elon Musk who is also CEO of SpaceX and Tesla acquired Twitter for $54.20 per share in cash in a transaction valued at approximately $44 billion. Elon Musk has said he wants to buy Twitter because he thinks it’s not living up to its potential as a platform for “free speech.”
After buying The twitter he said-
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Mr Musk said in a statement announcing the deal.
“I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans,” he added.
“Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it.”
🚀💫♥️ Yesss!!! ♥️💫🚀 pic.twitter.com/0T9HzUHuh6— Elon Musk (@elonmusk) April 25, 2022
Future of Twitter
Before he acquired Twitter he had sought his over 85 million followers’ opinion on making the Twitter algorithm “open source”. After claiming that he will “unlock” Twitter’s potential, Musk has been sharing his plans for the company.
Also, he said ‘For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally’.
For Twitter to deserve public trust, it must be politically neutral, which effectively means upsetting the far right and the far left equally— Elon Musk (@elonmusk) April 27, 2022
Will Twitter DMs come with End to End Encryption?
Privacy is important and there were several indications or tweets about this, made by one of the most powerful entities in the world.
The continued lack of end-to-end encryption for Twitter direct messages has been a point of concern, with the Electronic Frontier Foundation (EFF) noting how it could undermine user privacy and safety. “Because they are not end-to-end encrypted, Twitter itself has access to them,” the EFF said.
According to a tweet by Twitter’s new owner Elon Musk, end-to-end encryption should be available to users that utilize Twitter direct messages for their needs and talking with mutual accounts. He said ‘Twitter DMs should have end to end encryption like Signal, so no one can spy on or hack your messages’.
Twitter DMs should have end to end encryption like Signal, so no one can spy on or hack your messages— Elon Musk (@elonmusk) April 28, 2022
The end-to-end encryption focus is available on dedicated communication apps, but not so much for social media platforms that offer messaging features for users.
Back in 2021, Elon Musk referred to was the messaging app ‘Signal’ as an alternative to WhatsApp which has recently come under controversy for its change in privacy rules sparking concerns.