Twitter on Monday accepted a $44 billion takeover offer from Elon Musk. The deal marks the end of a dramatic buying process and a sea change in Twitter’s attitude, as many executives and board members initially opposed Musk’s takeover proposal. The deal has polarized Twitter’s employees, users and regulators over the tech giant’s decision on what boundaries of discourse are acceptable on the internet and how those companies enforce the rules. After working all night, the two sides finally reached a deal. If successful, the acquisition would be one of the largest in tech history and could have a global impact over the next few years, affecting the way billions of people use social media.
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