Edwin Law 2022-06 n mid-April 2022, Elon Musk, the world’s wealthiest businessman and entrepreneur, and Twitter’s board of directors reached a preliminary agreement on a $44 billion acquisition plan. Musk proposed the acquisition less than a month ago and finally got the seemingly improbable deal within a week. However, this acquisition proposal has caused a lot of controversy from all over the world. The rich buying media companies happens quite often in recent history. Since the beginning of the 20th century, the super-rich owning a newspaper is like holding a personal megaphone. One famous example is News Corp, owned by Rupert Murdoch, controlling hundreds of news and media
Read more