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Elon Musk Says Will Reverse Twitter Ban on Former US President Donald Trump

Billionaire Elon Musk said Tuesday he would reverse Twitter's ban on former US President Donald Trump when he buys the social media platform, the clearest signal of Musk's intention to cut moderation of the site.Musk, the world's richest person and chief executive of Tesla, has inked a $44-billion (roughly Rs. 3,37,465 crore) deal to buy Twitter. He has called himself a "free speech absolutist" but given few specific details of his plans.Musk is expected to become Twitter's temporary CEO after closing the deal, Reuters…

Twitter Co-Founder Jack Dorsey Backs Elon Musk’s Plan to Reinstate Donald Trump’s Account

Twitter co-founder Jack Dorsey has supported Elon Musk's plan to reinstate Donald Trump's account, asserting that the decision to ban the former US President was "a failure."Trump was permanently suspended from Twitter following the January 6 Capitol Riots for violating the platform's rules against violence incitement, a decision the company has said was taken by then CEO Jack Dorsey.On Tuesday, Elon Musk said that he would restore Trump's banned account on Twitter if his deal to acquire the company is completed."I think…

Facebook Sued by Former Content Moderator Over Forced Unsafe Job Conditions in Kenya

A man who says he is “destroyed” after working as a content moderator for Facebook has filed a lawsuit accusing the company of human trafficking Africans to work in an exploitative and unsafe facility in Kenya.The case against Meta Platforms, the Menlo Park, Calif. company that owns Facebook, and Sama, a San Francisco subcontractor, was lodged Tuesday with a court in the Kenyan capital, Nairobi.Daniel Motaung's petition “calls upon Kenya's courts to order Facebook and its outsourcing companies to end exploitation in its…

Elon Musk’s Contradictory Plans for Twitter Highlight Tough Challenges for Him Ahead

On Tuesday, Elon Musk said he would reverse Twitter's ban of former President Donald Trump, who was booted in January 2021 for inciting violence at the US Capitol, should he succeed in acquiring the social platform for $44 billion (roughly Rs. 3,39,870 crore).But the day before, the Tesla CEO also said he agrees with the European Union's new Digital Services Act, a law that will require big tech companies like Twitter, Google and Facebook parent Meta to police their platforms more strictly for illegal or harmful content…

Explainer: Can Elon Musk Renegotiate a Lower Price for Twitter Deal as Company’s Shares Plunge?

Twitter shares have plunged to their lowest level since the social media company agreed to sell itself to Elon Musk for $44 billion(roughly Rs. 3,37,465 crore) on April 25, raising questions over whether the world's richest person will try to renegotiate the deal.On Tuesday, the implied probability of the deal closing at the agreed price fell below 50 percent for the first time, when Twitter shares dropped below $46.75 (roughly Rs. 3,600). That is halfway between the deal price and the price of the shares before Musk…

Five9 Plans to Expand in Europe With 2 Data Centres, Relocates Russian Staff to Portugal

Five9, the US call centre software firm whose shareholders spurned a merger with Zoom last year, is looking to expand in Europe by setting up two data centres and relocating its employees in Russia to Portugal.The data centres will be in Frankfurt and Amsterdam, and serve customers in Europe, the Middle East, and Africa."Around 10 percent of our revenue today comes from Europe ... we are looking to at least double our European contribution in the near term," CEO Rowan Trollope told Reuters.Shareholders of Five9, whose…

Elon Musk’s Delay in Disclosing Twitter Stake Said to Have Sparked SEC Probe

US regulators are investigating Elon Musk's delayed disclosure of his sizable stake in Twitter last month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Musk disclosed a 9.2 percent stake in Twitter to the US Securities and Exchange Commission (SEC) on April 4, a delay of at least 10 days since surpassing the 5 percent threshold for revealing a shareholding, the report said.An investor who crosses a 5 percent stake must file a form with the SEC within 10 days. It serves as an early…

Facebook, Instagram’s Access Blocked in Russian-Backed Separatist Regions in East Ukraine

The Russian-backed Donetsk People's Republic (DNR) and Luhansk People's Republic (LNR) in eastern Ukraine said on Wednesday they had blocked access to Facebook and Instagram, aligning themselves with Russia's policy on the US-based social networks.Moscow recognised the two separatist regions as independent on February 21, and three days later launched a full-scale invasion of Ukraine in what it calls a "special military operation" aimed partly at protecting Russian-speakers there."Access to the information resources of…

Facebook Parent Meta Withdraws Policy Guidance Request for Content Moderation of Posts on Russia-Ukraine War

Facebook parent Meta Platforms said on Wednesday it has withdrawn a request for policy guidance from its Oversight Board about the content moderation of posts related to Russia's ongoing war with Ukraine."This decision was not made lightly — the PAO (policy advisory opinion) was withdrawn due to ongoing safety and security concerns," the company said in a blog post.The board, which can make binding decisions on specific thorny content moderation appeals and give policy recommendations, said it was "disappointed" by the…

Twitter Co-Founder Jack Dorsey Says He Doesn’t Plan to Become CEO Again

Twitter co-founder Jack Dorsey said on Wednesday that he was not keen to retake the helm of the social media company, hinting at his limited involvement if Elon Musk manages to successfully close the takeover deal.Dorsey, who currently heads payments firm Block, owns a 2.4 percent stake in Twitter, according to Refinitiv.nah I'll never be CEO again— jack⚡️ (@jack) May 11, 2022Since the Twitter board accepted Musk's $44 billion (roughly Rs. 3,41,345 crore) buyout offer on April 25, there is little clarity on the company's…