Twitter's regularly scheduled shareholder meeting Wednesday didn't include a vote on Tesla billionaire Elon's $44 billion bid for the social platform. But the prospects of the buyout and the drama that's surrounded it seemed to be on participants' minds anyway.
Several proposals spoke to the deep existential conflict that's been playing out among Twitter's users, employees, shareholders and employees. While shareholders on one side lambasted the company for what they see as too-liberal politics and a bias against conservatives , others said the company is failing to protect users from harassment, abuse and misinformation.
Shares of Snap Inc. plunged 43% Tuesday, though they recovered some of the loss Wednesday, climbing nearly 12% to $14.31. Shares of Twitter were up $1.09, or 3%, at $36.83 in early afternoon trading on Wednesday.At its own annual shareholder meeting Wednesday, Facebook's corporate parent, Meta Platforms, and its founding CEO Mark Zuckerberg faced heated criticism from shareholders.
The left hate Elon for taking over. This is a very good buy for free speech
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