Twitter to restore more suspended accounts weekly over next 30 days

Bloomberg

Twitter has started to restore accounts that were suspended for breaking platform rules and the company plans to reinstate more over the next 30 days.
In a series of tweets, Twitter said it had identified several policies where permanent suspension was a “disproportionate” action for breaking rules.
The company said reinstated accounts still need to comply with its rules. “Permanent suspension remains an enforcement action for serious violations,” it said.
Elon Musk, Twitter’s billionaire owner, tweeted that accounts which he alleges had shared details on his personal location “will have their suspension lifted now”, following a poll held by the social-media site.
Earlier this week, the social network suspended the accounts of several prominent journalists — including from the Washington Post, CNN, and the New York Times — covering Musk, who alleged they were endangering his family.
Meanwhile, Musk is seeking new investors for Twitter Inc. at $54.20 a share, the same price he paid when he took the company private for $44 billion in October and kicked off a contentious overhaul.
The managing director of the billionaire’s family office, Jared Birchall, has been reaching out to potential backers this week, news site Semafor reported. Ross Gerber, who runs Gerber Kawasaki Wealth and Investment Management and took part in the earlier Twitter buyout, confirmed the outreach.
The fundraising attempt follows a tumultuous stretch at Twitter, where Musk has slashed jobs and upended
longstanding policies.

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