Tesla CEO Elon Musk has entered into a definitive agreement to buy Twitter Inc. and hopes to turn it into a privatized company.Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising several changes to the social media platform which has received backlash for how it has policed content in the past.
Musk said in a joint statement with Twitter that he wants to make the service "better than ever" with new features, such as getting rid of automated "spam'' accounts and making its algorithms open to the public to increase trust.
"My most immediate takeaway from this novella of a thread is that Twitter is *way* overdue for long form tweets!" Musk tweeted on April 15.On April 1, Twitter teased that it was working on an edit button for users. Twitter adds a checkmark logo next to a username when the account has been verified "authentic, notable and active."
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