Jeff Bezos suggests Elon Musk Twitter takeover may give China leverage
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Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space on July 20, 2021 in Van Horn, Texas.
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Amazon’s billionaire co-founder Jeff BezosHas weighed in Elon Musk’sDeal to Buy TwitterFor $44 Billion
Bezos tweeted late Monday that China could gain control over Twitter after the acquisition is complete.
“Did China just get a little leverage over the square?” Bezos made a reference to Musk’s China business connections. It was the TeslaChina is the main supplier of the material for the batteries. CEO has established a Shanghai factory.
Twitter Board agreed Monday to an acquisitionMusk. Twitter will become private at $54.20 per Share in an agreement that will value the company at around $44 Billion.
China has banned Twitter. China’s “Great Firewall”, which blocks access to many Western social media sites such as Twitter, is known to have been imposed by Beijing. FacebookFollow us on Instagram YouTube.
Bezos said, “My answer is likely not.” This is because Tesla’s complexity in China will be more important than Twitter’s censorship.
“But we’ll see. Musk excels at dealing with this complexity,” he said.
Bezos’ remarks are not without exception the latest chapter in an ongoing feud between these two billionaires.
Both have fought over their various space goals over the years. Musk serves as CEO at SpaceX. Bezos is the founder and chief executive officer of Blue Origin Space Ventures.
Musk promised that Twitter would become a more “digital city square”, in which people can debate and talk freely. However, some campaigners and politicians have expressed concern about the potential takeover by Musk. They fear it could give Musk too much control of online speech.
However, billionaires owning media companies are not an uncommon phenomenon. Bezos himself owns The Washington PostSalesforce CEO Marc BenioffTime Magazine was purchased in 2018 But Twitter is unique in that it’s a platform where millions of people interact as well as share content — and as such is under close scrutiny from regulators.
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