General Motors is pausing its advertising with Twiter a day after Elon Musk took ownership of the social media giant.
General Motors will pause advertising on Twitter, the company said after Elon Musk took ownership of the company.
"Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences!" Musk said in a lengthy statement titled "Dear Twitter Advertisers." "In addition to adhering to our laws of the land, our platform must be warm and welcoming to all, where you can choose your desired experience according to your preferences."
Some have worried about what, if any, regulations on hate speech would be imposed under the new ownership and. Fox Business has reached out to Ford and Stellantis, the parent company of several car brands, including Fiat, Jeep and Dodge. "There is currently great danger that social media will splinter into far right wing and far left wing echo chambers that generate more hate and divide our society," explained Musk, who owns GM rival Tesla. "In the relentless pursuit of clicks, much of traditional media has fueled and catered to those polarized extremes, as they believe that is what brings in money, but in doing so, the opportunity for dialogue is lost.
"That is why I bought Twitter. I didn't do it because it would be easy. I didn't do it to make more money. I did it to try to help humanity, whom I love," he continued. "And I do so with humility, recognizing that failure in pursuing this goal, despite our best efforts, is a very real possibility."
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