Investing.com UK - Financial Markets Worldwide
🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

Facebook Whistleblower Optimistic About Musk's Twitter Move, Says He Can Take Feedback Better Than Zuckerberg

Published 01/05/2022, 13:39
Updated 01/05/2022, 14:10
© Reuters. Facebook Whistleblower Optimistic About Musk's Twitter Move, Says He Can Take Feedback Better Than Zuckerberg
META
-
TWTR
-
M1TA34
-
TWTR34
-

Meta Platforms Inc (NASDAQ: FB) Facebook (NASDAQ:FB) whistleblower Frances Haugen, who leaked Facebook documents last year, has said that she is "cautiously optimistic" about Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's Twitter Inc (NYSE: NYSE:TWTR) acquisition.

During a recent interview, Haugen said that Musk's plans to take Twitter private could give him the chance to change up the company's business model and prioritizes user safety.

She said Meta CEO Mark Zuckerberg has "surrounded himself with people who tell him what he wants to hear." But in comparison, she believes Musk is better able to take hard feedback and make meaningful changes.

Also Read: Former Facebook Product Manager Warns Of Potential Perils Of Meta-Sponsored Metaverse

Haugen also said that the "number one" thing Musk can do to improve Twitter is "institute real transparency."

Musk has said he wants to open source Twitter's algorithm, which will make it more transparent to people outside the company.

The Tesla CEO has also said he wants to emphasize "free speech" on Twitter.

"One of the key parts about a system as critical as Twitter for our democratic processes is whether or not people trust that the system is fair. And right now, I would say that trust in Twitter is a little bit in flux," Haugen said.

Here are some of Haugen's recent tweet on the Twitter takeover and Musk's views on it.

Also Read: Facebook Whistleblower Says She is Fine Financially Because Of Buying Crypto 'At The Right Time'

Photo: Heinrich-Böll-Stiftung on flickr

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read at Benzinga

Read the original article on Benzinga

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.