Elon Musk wants Twitter’s Dm’s to be End-to-End Encrypted……

Elon Musk, CEO of SpaceX and Tesla and Twitter's new owner, YES!! TWITTERS NEW OWNER!! YOU
HEARD ME.

April 14th, Elon Musk announced an offer to buy Twitter for $54.20 a share. On April 25th, Twitter
accepted the deal. (Of course they HAD to accept the deal)

Twitter’s board of directors accepted Musk’s offer of $54.20 per share, or $44 billion, for total control of
the company. Musk sold about 9.6 million shares in Tesla, worth around $8.4 billion, as he seeks to line
up the financing for his takeover bid of Twitter. Tesla’s share price fell about 12 percent earlier in the
week, but has since edged up about 3.5 percent. (WOW!! THAT’S FAST!)

It was the same price he named in his initial offer on April 14th. Upon completion of the transaction,
Twitter will become a private company.

Musk says Twitter had "tremendous potential" that he would unlock.

Musk is a very rich guy. So, naturally, he would say that he isn’t interested in buying Twitter to make
money. He views Twitter as the “de facto town square” and wants to open source the social media
company’s algorithm. He’s trying to frame the whole takeover bid as some sort of crusade to protect
free speech.

He says that Twitter must go private in order to undergo the changes that need to be made. These
include an edit feature, an open-source algorithm, less moderation, and a higher bar for removing
offending tweets.

The story began long ago, but to get into the juicy details. I’d like you guys to hold on to your seats and
subscribe to our channel.

Go on then, I’m waiting (friendly tone, pause for as second so it looks like you actually are waiting)

Well now that’s done, let’s move on!

Elon Musk announced that he had purchased 9.1 percent of Twitter. The news that the world’s richest
man was now (briefly) the largest shareholder in his preferred social media platform sent the stock price
soaring and many a keyboard a-typing.

Musk immediately set about soliciting suggestions about ways to improve Twitter by tweeting a poll
(smart man).

The company responded by offering him a board seat, a move that would have restricted him to owning
just 15 percent of the company. At first, he said yes. Then he changed his mind and said no.

After declining a seat on Twitter’s board, Musk updated his filing with the Securities and Exchange
Commission to indicate that he would not be a passive player in the company’s affairs.
Gone was the language that he would restrict his holdings to just 14.0 percent of the company. In
retrospect, this was the first clue that he may attempt something more impactful than just buying some
stock of serving as a board member. (Oh!! he got the big guns out for this one)

Finally, after some magic and flirting from Musk with Twitter and twitter considering his offer. The deal
is expected to be closed over the next six months, will see it becoming a privately held company. (Well!!
Congratulations)

Since the overtake Musk has been planning changes, the biggest of all is END-TO-END ENCRYPTION.

He called on adding support for end-to-end encryption (E2EE) to the platform's direct messages feature.

Twitter DMs should have end to end encryption like Signal, so no one can spy on or hack your messages.
(That sounds right)

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, Musk said in a statement.

He also wants 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.

(I won’t lie the changes do sound promising)

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. That means Twitter can
hand them over in response to law enforcement requests, they can be leaked, and internal access can
be abused by malicious hackers and Twitter employees themselves (as has happened in the past).

Meta, which has been steadily adopting E2EE across its services with plans to complete the rollout
sometime by next year, reiterated that privacy is a fundamental human right and that safe and secure
messaging is more important than ever.

A two-year report from Business for Social Responsibility (BSR) commissioned by the tech giant and
released this month found that "expanding end-to-end encryption enables the realization of a diverse
range of human rights and recommended a range of integrity and safety measures to address
unintended adverse human rights."

The independent human rights impact assessment also highlighted the risks arising as a consequence of
improved privacy protections, including facilitating child exploitation, distribution of child sexual abuse
material (CSAM), and spreading hate speech.

Yet, the impacts of E2EE go far beyond such a simplistic 'privacy versus security' or 'privacy versus safety'
framing.

(Comment your views on the matter)

The move comes as Twitter faces growing pressure from politicians and regulators over the content that
appears on its platform. It has drawn critics from left and right over its efforts to mediate misinformation
on the platform.

In one of its most high-profile moves, last year it banned former US President Donald Trump, perhaps its
most powerful user, citing the risk of "incitement of violence".

At the time Mr. Musk observed, A lot of people are going to be super unhappy with West Coast high
tech as the de facto arbiter of free speech.

News of the takeover has been cheered by the right in the US, although Mr. Trump on Monday told Fox
News he had no plans to re-join the platform.

The White House declined to comment on the takeover but a spokesperson told reporters: "No matter
who owns or runs Twitter, the president has long been concerned about the power of large social media
platforms."

On Twitter,, chairman of the UK's Digital, Culture, Media and Sport Committee, called the deal an
"extraordinary development in the world of social media".

"It will be interesting to see how a privately owned Twitter (run by a man who is an absolutist over free
speech) will react to global moves to regulate."

BBC environment analyst says scientists are nervous about the potential impact of the takeover on the
climate debate.

He notes that Twitter announced last week it would ban advertisements that deny the scientific
consensus on the climate crisis, with the firm admitting that misleading information can undermine
efforts to protect the planet.

Mr Musk has suggested this will give him freedom to make the changes he wants to the business.

Among other ideas, he has suggested allowing longer posts and introducing the ability to edit them after
they have been published.

But the question still remains, Can Musk turn around twitter?

Twitter shares closed more than 5% higher after the deal was announced.

But the price remained lower than Mr. Musk's $54.20 per share offer a sign that Wall Street believes he
is overpaying for the firm.

Mr. Musk has said he doesn't "care about the economics" of the purchase. However, he will take on a
company with a chequered record of financial performance.

Despite its influence, Twitter has rarely turned a profit and user growth, particularly in the US, has
slowed.

The company, founded in 2004, ended 2021 with $5bn in revenue and 217 million daily users globally - a
fraction of the figures claimed by other platforms such as Facebook.
Chair of Twitter's board, said it had fully assessed Mr. Musk's offer and it was "the best path forward for
Twitter's stockholders".

Twitter’s first all-hands meeting after Musk’s bid went public was a weird one. After serenading
employees with Backstreet Boys and Aretha Franklin, the company said it would continue to evaluate
the offer.

Employees were frustrated by the lack of a more detailed response. They’re concerned about the future
of the social media platform, as well as the possibility of layoffs.

It is not clear who will lead the company moving forward. Twitter is currently led by Parag Agrawal, who
took over from co-founder and former boss Jack Dorsey last November.

But in his offer document, Mr Musk told Twitter's board: "I don't have confidence in management."

Mr Agrawal told employees on Monday that the future of Twitter is uncertain.

"Once the deal closes, we don't know which direction the platform will go," he said, according to the
Reuters news agency.

(We aren’t certain too what might happen next)

Musk spoke about his “obsession with the truth” and echoed comments he made in his SEC filing about
wanting to protect free speech and democracy.

According to experts his understanding of free speech appears to be nebulous at best. After examining
Musk’s comments, as well as previous efforts by Twitter’s leadership to contend with speech laws
around the world, they conclude that Musk may be in for a rude awakening if he succeeds in changing
the social media platform.

(Let’s see about that…)

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