Musk's plans for Twitter to emerge by year-end

Significance

This comes after Twitter announced on April 25 that the firm is being sold to Musk, the world's richest man and self-proclaimed free speech maximalist. The sale presages a commercial and cultural shake-up for Twitter and a return to social media's earlier days of largely unfettered speech, for good or ill.

Impacts

• The EU’s Digital Services and Markets Acts will make progress on big tech regulation despite the US gridlock.
• Greater algorithmic transparency on Twitter will benefit civil society but will also be gamed by disinformation actors.
• Less content moderation will make Twitter less appealing to the big-brand advertisers it needs to grow its revenue.