Twitter boss Elon Musk on Saturday stated the social media platform is pursuing the purpose of elevating citizen journalism as he criticised the “media elite” over what he stated was their “oligopoly on info”.
Sharing his two cents on the present state of journalism, Musk tweeted, “As Twitter pursues the purpose of elevating citizen journalism, media elite will strive all the things to cease that from occurring.”
In one other tweet, he added, “Mainstream media will nonetheless thrive, however elevated competitors from residents will trigger them to be extra correct, as their oligopoly on info is disrupted.”
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The world’s richest man has taken a flurry of selections which have impacted thousands and thousands of Twitter customers since he purchased the corporate in a $44 billion deal two weeks in the past.
Amongst his most controversial choices has been to cost for the Blue subscription- a call that has confronted huge backlash, with some advertisers pulling again their leg from the location.
In the meantime, Twitter’s relaunched premium service — which grants blue-check “verification” labels to anybody prepared to pay $8 a month — was unavailable on Friday after the social media platform was flooded by a wave of imposter accounts.
Earlier than Musk took management of Twitter the blue verify was granted to celebrities, journalists and verified by the platform. Now, anybody can get one so long as they’ve a telephone, a bank card and $8 a month.
(With company inputs)