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Banned Twitter accounts will not be restored until the Content Stewardship Board is formed.

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New York: The billionaire is the new owner of Twitter Elon Musk He said the social media company would form a “content oversight board” and any major decisions regarding content or recalculation would occur after that body’s meeting.

Musk’s comments came a day after the completion of the $44 billion acquisition of the social media giant.

Twitter will form a content board with widely diverse viewpoints. No major decisions about content or recalculation will happen before that board convenes,” Musk, 51, tweeted on Friday.

“To be very clear, we have not yet made any changes to our Twitter content moderation policies,” he added.

Musk has yet to provide details on how his content supervisory board will operate.

Watch the video: Elon Musk Twitter Deals: Top memes you must watch

Twitter CEO Parag Agrawal, Chief Legal Officer Vijaya Gadde, CFO Ned Segal, and General Counsel Sean Edgett were fired upon completion of the Musk acquisition.

Within hours of taking over Twitter, the Tesla CEO posted a series of tweets. “Bird is released,” “spoiler alert. Let the good times roll,” “Live the dream. Comedies are now legal on Twitter.”

After initially agreeing to buy the company in April, Musk spent months trying to get out of the deal, citing first concerns about the number of bots on the platform and allegations later made by a company whistleblower.

Agrawal, 38, was appointed CEO of Twitter in November last year after the social network’s co-founder Jack Dorsey stepped down.

As former US President Donald Trump’s Twitter account was permanently suspended in January of last year, Hyderabad-born Jade was at the forefront of this dramatic decision made within days of an attempted mutiny by Trump supporters at the US Capitol on the 6 January, 2021.

Twitter co-founder Biz Stone thanked Agrawal, Segal and Gadde for their “enormous contribution” to the business.

“Thank you to paraga, vijaya and nedsegal for collectively contributing to Twitter. Incredible talent, everyone, and beautiful humans!” Stone tweeted.

Musk arrived at the company’s San Francisco headquarters on Wednesday and met with engineers and advertising executives.

Musk also updated his Twitter description to “Chief Twit.” Musk has promised to transform Twitter by relaxing the rules for moderating the service’s content, making its algorithm more transparent and nurturing the subscription business, as well as laying off employees.

In April, Twitter accepted Musk’s proposal to buy the social networking service and make it private.

However, Musk soon began raising doubts about his intentions to pursue the agreement, claiming that the company had failed to adequately disclose the number of spam and fake accounts on the service.

When Musk said he had terminated the deal, Twitter sued the billionaire, claiming that he “refuses to meet his obligations to Twitter and its shareholders because the deal he signed no longer serves his personal interests.” Earlier in October, Musk said he wanted to pursue his Twitter acquisition at the original $54.20 per share price if the social messaging service dropped the litigation.

Twitter’s lawyers said, “The Tesla CEO’s proposal is a call for more mischief and delay.” A Delaware Chancery District Court judge ultimately ruled that Musk has until October 28 to either support the Twitter deal or go to trial.

Watch the video: Elon Musk’s Twitter deal explained: A simple story

On Thursday, Musk wrote a letter to assure advertisers that social messaging services would not turn into a “free-for-all arena, where anything can be said without consequences!” “The reason why I take over Twitter is that it is important for the future of civilization to have a shared digital city arena, where a wide range of beliefs can be discussed in a healthy way, without resorting to violence,” Musk said in the letter.

“There is currently a huge risk that social media will split into far right and far left echo chambers that generate more hate and divide our society.” PTI YAS NSA AKJ NSA

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