President and CEO of the National City League Mark Moral.
Twitter’s board of directors should consider rejecting Ilona Mask’s application to set up a social networking company because of the damage his property could do to users’ civil rights, said Mark Morial, president of the National City League.
In a letter Monday to Twitter chairman Brett Taylor, Moral said Musk “expressed concerns” about moderating content and freedom of speech that run counter to the principles of “creating an online community safe for marginalized communities and protecting our democracy.”
Moral urged the Twitter board to consult with human rights activists before making a decision on Mask’s proposal, and asked to meet with Taylor to further discuss his concerns.
“Without key protections and safeguards, much of the activity we see on Twitter, including white supremacy, racial and religious hatred, voter suppression through election misinformation, algorithmic bias and discrimination, and the assertion of our national discourse, is rather above all, will expand. owned by Mask, ”Marial wrote. “The potential for negative impact on millions of people, as well as indirectly on the culture and democracy of our country, is exponential and should be part of your analysis when considering this – or any other – purchase offer.”
Last week, Musk offered to buy Twitter for $ 54.20 per share, or about $ 43 billion. On Friday, Twitter adopted a limited-term shareholder rights plan, often referred to as a “poison pill,” seeking to fend off potential hostile takeovers.
Musk, who is the CEO of Tesla and SpaceX, has acquired more than a 9% stake in Twitter in recent weeks. Shortly after his ownership of the shares became public, Twitter CEO Parag Agraval announced Musk’s plans to join the board, but provided Musk could not buy more than 14.9% of the company. Musk then changed course and instead made an offer to make Twitter private.
“I invested in Twitter because I believe it can be a platform for freedom of speech around the world, and I believe that freedom of speech is a public imperative of a functioning democracy,” Musk wrote in a letter to Taylor and published in the securities. . filing. “However, once I have made my investment, I understand that the company will neither prosper nor serve this public imperative in its current form. Twitter needs to be transformed into a private company.”
Musk, who is known to have attacked journalists and others who are critical of him and his campaign, has a vague definition of free speech.
“A good sign of whether there is freedom of speech is: is it allowed for someone you don’t like to say what you don’t like? And if that’s the case, then we have freedom of speech,” Musk said on Thursday. TED2022 conference. in Vancouver, British Columbia.
Musk called himself an “freedom of speech absolutist” and said he believed Twitter’s algorithm should be publicly available so users had more control over the tweets they see in their news feed. He acknowledged that there should be some moderation of content, for example, around explicit calls for violence, and said: “Twitter must comply with the country’s laws.”
Neither Twitter nor Musk immediately responded to a request for comment.
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The National City League is urging Twitter to reject Mask’s bid
Source link The National City League is urging Twitter to reject Mask’s bid