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Two billionaires now control the four biggest global social media platforms, the “de facto public town square ... [and] bedrock of our democracy”, in Elon Musk’s words.

Musk’s purchase of Twitter, with its 300-million daily users, still requires regulatory approval, but it puts him alongside Mark Zuckerberg, who controls Facebook’s more than one-billion users, as well as those of WhatsApp and Instagram...

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