Twitter, inc., Social networking service

After Elon Musk closed the Twitter deal of USD 44 billion on Thursday night and acquired the micro-blogging platform, he informed about forming a content moderation council for Twitter which will certainly have diverse viewpoints.The council will be accountable for all the main content-related decisions and no account reinstatement will be done before that council convenes.Musk wrote in a tweet that "Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes."The Tesla CEO also instilled suspicion amongst social media users when he tweeted on his Twitter "Let the good times roll" shortly after he acquired the social media platform and closed the deal.The Tesla and Space X owner is expected to remain CEO of Twitter in the interim period but may eventually cede the role in the longer term, as per media reports.Musk ahead of his USD 44 billion Twitter acquisition deal had dismissed speculation about why he'd buy the micro-blogging platform and his thoughts on advertising."The reason I acquired Twitter is that it is important to the future of civilization to have a common digital town square, where a wide range of beliefs can be debated in a healthy manner, without resorting to violence. There is currently great danger that social media will splinter into far right-wing and far left-wing echo chambers that generate more hate and divide our society," he said in a statement on Thursday.Meanwhile, on Wednesday, Musk walked the halls of the Twitter headquarters in San Francisco, carrying the bowl of a sink which garnered massive views over the internet.Musk tweeted a video of himself carrying a kitchen sink and wrote, "let that sink in!"Furthermore, Elon Musk also changed his Twitter profile to read "Chief Twit" shortly after he hinted at going forward with the Twitter acquisition deal.In July, Musk who had long been showing his interest to buy Twitter terminated the deal, claiming that Twitter violated their mutual purchase agreement by misrepresenting the number of spam and fake bot accounts on its platform.After Musk put out the deal termination announcement, the market saw a sharp decline. Later, Twitter sued Musk accusing him of using bots as a pretext to exit a deal.Again, last week, Musk confirmed that he would move forward with the Twitter buyout at the originally agreed price of USD 54.20 per share. However, the Twitter deal legal proceedings had been put on hold by a judge overseeing the dispute until October 28.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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