Biden suggests looking into Musk’s foreign relationships after he bought Twitter

Suspension

Responding to questions about foreign governments’ involvement with the acquisition of Twitter, President Biden stated that Elon Musk’s business dealings merit scrutiny.

“I think Elon Musk’s collaboration and/or technical ties with other countries are worth studying,” Biden said TellWednesday Reporters as they discuss the results from the midterm elections.

He said that he didn’t know if he did anything inappropriate, but that he was open to the idea. “I suggest it’s worthwhile looking at, and this is all I’m going say.”

Biden did not provide details about how the audit would be conducted but said that there were many ways.

These are his comments ReportsThe Washington Post reported last Thursday that Musk had signed secret agreements with investors, granting them access to confidential information within the company if they invested $250 million or more in his bid for it to be bought. This threshold seems to be sufficient to allow investors to include a holding company for the Saudi Prince, a subsidiary from Qatar’s sovereign wealth fund and a cryptocurrency exchange. Binance – Founded China. – Information rights for the company.

The Post was told by experts that the Committee on Foreign Investment in the United States (CFIUS), may have the authority for review of the purchase.

Musk seeks to reassure advertisers, promises quick changes to Twitter

Musk purchased Twitter last month for $44 Billion and redesigned the site’s functionality. Dismissed – Temporarily releasedThere are thousands of workers.

Saudi Prince Al-Waleed bin Talal bought it. chirpHis company was the second largest investor in Twitter, after Musk, and had shares worth around $2 billion. Despite the crackdown by Crown Prince Mohammed bin Salman (the de facto ruler), Twitter is still very popular with Saudi youth.

“Together all the way,” Talal tweeted with a handshake emoji in late October. Alwaleed’s Kingdom Holding Company is 16.9 percent owned by the Saudi sovereign wealth fund, which is headed by Mohammed, according toReuters

Senator Chris Murphy (D.Con.) He said Musk asked CFIUS to investigate the national security implications for Saudi Arabia’s purchase Twitter.

He wrote on Twitter that “we should be concerned that Saudis, with a clear interest to suppress political discourse and influence American politics are now the second largest owners of a major social networking platform.” “There is clearly a national security issue at stake. CFIUS must perform a review.” Murphy also referred to TikTok’s Chinese-owned social-media app, calling it a “dangerous tendency.”

The US government had earlier stated this Saudi officials sought informationAbout Twitter users, was a former manager of Twitter Convicted in AugustIn exchange for confidential user data, hide payments from Saudi agents.

The United States is exploring whether it has the authority to review the Musk deal on Twitter

Musk, who was a South African citizen but was born in America, is no stranger. political brawl. His Attempts to Influence Foreign Policy: 280 Characters or Less. StarchWashington has expressed concern about how the platform will use its own influence and influence once the deal is done.

Musk is also a good choice Extensive relations with ChinaThrough Tesla, a publicly traded electric car company.

The Tesla “Gigafactory”, located in Shanghai, is its busiest production facility and serves as an important export hub. It also relies on China for its production needs. China is the world’s largest supplier of lithium, the main ingredient in electric cars. This is due to its extensive processing and refining equipment.

Musk laid out Wednesday more details of his Twitter plans. Broadcast a public meetingMore than 100,000 people watched the video. He assured advertisers that while he had heard their concerns about hate speech, misinformation on the site, he also said that the platform would continue changing rapidly.



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