Article 657M0 Elon Musk completes Twitter takeover amid hate speech concerns

Elon Musk completes Twitter takeover amid hate speech concerns

by
Dan Milmo, Jasper Jolly, Alex Hern and Kari Paul
from Technology | The Guardian on (#657M0)

Shares delisted and top execs reportedly fired as world's richest man closes deal to buy social media platform

The world's richest man, Elon Musk, has completed his $44bn acquisition of Twitter, amid warnings from politicians and campaigners that hate speech on the platform must be held in check.

The social media group confirmed the deal in a brief filing on the New York Stock Exchange on Friday morning, disclosing the deal had closed the day before. Shares in the company have been suspended and will delist on 8 November, capping a chaotic saga that began when the Tesla CEO first announced his plans to take the tech business private in April.

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