Twitter CEO Jack Dorsey will remain in his role atop the Big Tech giant, a week after his status was being questioned following a shake-up in the corporate structure of the monolithic social media provider.
A deal has been struck with Elliott Management, a vulture capital firm run by Republican donor Paul Singer that has gained a certain level of control over Twitter, to create a $2 billion share buyback program and add a few new members to the board of directors for the corporate behemoth.
In addition, tech investment firm Silver Lake will be investing $1 billion into Twitter. Egon Durban, co-CEO of Silver Lake, and Jesse Cohn, a partner at Elliott, will be joining the board of directors. There will also be another unnamed individual added to the board in the upcoming days.
“Silver Lake’s investment in Twitter is a strong vote of confidence in our work and our path forward,” Dorsey said in a press release about the deal.
“They are one of the most respected voices in technology and finance and we are fortunate to have them as our new partner and as a member of our Board,” he added.
Many conservatives were thrilled at the news of Singer’s group becoming more influential within Twitter, believing that it would lead to conservative voices being treated fairly and having their free speech respected on the platform.
However, Big League Politics warned last week that it would not be the case, as Singer was a prominent “Never Trumper” who has funded the reviled GOP establishment for decades:
Conservatives may be cheering about this decision, but they should think twice.
Last December, Tucker Carlson attacked Singer for his business practices, which Breitbart News covered:
“[T]he model is ruthless economic efficiency: Buy a distressed company, outsource the jobs, liquidate the valuable assets, fire middle management, and once the smoke has cleared, dump what remains to the highest bidder, often in Asia,” Carlson detailed. “It has happened around the country. It has made a small number of people phenomenally rich. One of them is a New York-based hedge fund manager called Paul Singer, who, according to Forbes, has amassed a personal fortune of more than $3 billion.” …
Singer was originally a Trump opponent but is now hopping on the Trump bandwagon like many opportunistic conservatives.
Yet again, the oligarchs who paper over the Republican Party with their vast wealth have failed to do anything to protect freedom for conservatives. Singer will likely get even richer after sinking his teeth into Twitter, which is his underlying agenda.
MeWe Goes Big Tech Authoritarian, Opts for Political Censorship
This is no different than a Big Tech platform.
Supposed Big Tech alternative MeWe is opting for the path of political censorship and repression, caving to demands of media leftists to censor right-leaning political content.
MeWe’s administrators confirmed they would close so-called ‘Stop the Steal’ groups and purge their content from its platform earlier this month.
MeWe styles itself as somewhat of a Facebook alternative, advertising user privacy and independence from a data surveillance business model. MeWe’s administrators have taken to signalling against real free speech social media platforms such as Parler and Gab, a thumb in the face of their largely anti-establishment user base, many of whom joined the service to begin with in pursuit of a Facebook alternative that doesn’t censor.
MeWe is NOT an "anything goes" site like Parler or Gab. MeWe's TOS is strict & clear (https://t.co/oJP1JvrxiZ)- haters, lawbreakers, violence inciters etc. are not welcome. We have an outstanding Trust & Safety team that works hard every day to investigate & remove TOS-violators
— MeWe (@mewe) January 10, 2021
An overwhelming majority of Americans who attended ‘Stop the Steal’ protests are peaceful and non-violent, with only a handful getting out of control during the January 6th raucous US Capitol riot. MeWe’s decision to implement political censorship en masse makes it no different than the worst Big Tech authoritarians, except for the deceptive marketing of a free speech social media platform.
In any event, a social media platform that bans arbitrarily defined “haters” is almost assured to have draconian anti-free speech policies. MeWe has opted for the path of a minuscule Big Tech clone in a betrayal of its own user base. Gab offers a wide range of social services without the politically correct censorship, and MeWe’s users should embrace it as the real home of free speech online.
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