Vulture Capitalist Paul Singer, a major pro-Israel donor who pushed the GOP to embrace the LGBT agenda and funded the notorious Steele dossier, is reportedly buying up shares of Twitter stock in order to oust CEO Jack Dorsey.
Activist investor Elliott Management Corp. has taken a sizable stake in Twitter Inc. and plans to push for changes at the social media company, including replacing Chief Executive Officer Jack Dorsey, according to people familiar with the matter.
The New York-based firm has nominated four directors to Twitter’s board, said the people, who asked to not be identified because the matter isn’t public.
There are only three seats becoming available at this year’s annual meeting but Elliott wanted to ensure that it nominated enough directors to fill all three seats or any other vacancies that may arise, the people said. The exact size of Elliott’s stake couldn’t be determined.
Elliott approached San Francisco-based Twitter about its concerns privately and has had constructive discussions with it since then, the people said.
Though Twitter is terrible when it comes to censorship, it’s the least bad of the big social media sites. A lot of people who are banned from Facebook for wrongthink are allowed to operate on Twitter relatively unimpeded. I guarantee Singer wants to change that for the worse.
Dorsey is pretty much just a normal guy from St Louis, Missouri. He seems to be the most conflicted on implementing mass censorship and at least was willing to engage with Tim Pool on Joe Rogan’s show about the site’s direction. As we saw with the organized banning of Alex Jones, we was the last one to submit to the mob and chose not to ban everyone involved in his operation.