Twitter's new owner

Elon Musk said on Thursday that he had bought the company and the social networking site of the same name, Twitter, to preserve a platform on which a wide range of issues can be discussed in a "healthy" manner.

"The reason for my acquisition of Twitter is that it is important for the future of civilisation to have a shared digital platform where a wide range of opinions can be discussed in a healthy manner, without turning to violence," the entrepreneur wrote in a message to advertisers on his Twitter page.

According to him, there is now a great risk of social media splitting into "extreme right-wing and extreme left-wing 'echo chambers'" that create more hatred and divide society. Musk said that in the endless pursuit of views, most "traditional media fuels and encourages these polar extremes" because they believe it makes a profit, but in doing so "the opportunity for dialogue is lost".

However, Musk stressed that this does not mean that everyone on the platform can say "whatever they want without any consequences". "In addition to having to obey laws, our platform has to be warm and welcoming to everyone," Musk clarified.

He concluded by thanking the company's advertisers and partners and urged them to place ads that would entertain users and carry useful information.

Also, just recently, Twitter employees were outraged that Elon Musk would be cutting jobs. However, it has come to light that Elon Musk has told Twitter employees that it is not going to cut its staff by three quarters, as previously reported by some media outlets.

Major cuts were reported last Thursday by The Washington Post. According to its information, the businessman planned to reduce the company's staff from the current 7,500 to just over 2,000 people.

In May, the businessman said he was trying to get information from the company that would confirm that fake and mass-messaging accounts accounted for less than 5% of the total on the social network. Such data has not been provided to him, and in early July Musk's lawyers notified the company that he was rejecting the purchase.

On October 4, Bloomberg reported that Musk had decided to renew the deal and buy Twitter at the original price. On the same day, a spokesperson for the social network confirmed receipt of a corresponding offer letter from Musk. According to The Washington Post, the deal is expected to be closed by 28 October.