Tech Target: How Musk’s Twitter takeover could affect business accounts

October 28, 2022

Tech Target

In Elon Musk’s first hours of owning Twitter, the billionaire fired the company’s CEO and a key legal executive in charge of content moderation. He took to the social media platform to declare “the bird is free.” Business users are concerned about which flight path the free bird might take.

CEO Parag Agrawal and CFO Ned Segal were terminated immediately after the deal closed on Friday, according to reports.

The Internet Accountability Project (IAP) issued a statement saying Musk’s ownership of Twitter “marks a significant victory for advocates of free speech” but warned that antitrust enforcement and reform of Section 230 of the Communications Decency Act, which protects companies from liability for speech or information posted on their platforms, is more urgent than ever.

“Free political expression online shouldn’t depend on the benevolence of billionaires. Legislative action is needed to secure true internet freedom,” according to the statement attributed to Mike Davis, Founder and President of IAP.

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