Twitter took a hit from US President Joe Biden who said the social media platform is spreading "lies" across the world. This follows the most recent news that Twitter is now under Elon Musk's control. 

At a fundraiser on Friday, Biden, as cited by White House press reporters on social media, said, "And now what are we all worried about: Elon Musk goes out and buys an outfit that spews lies all across the world... There’s no editors anymore in America... How do we expect kids to be able to understand what’s at stake?" 

Musk's purchase of Twitter comes a week before the US midterm elections on November 8. Twitter and Musk have had a long-running history on the purchase deal that Musk tried to withdraw from after Twitter accepted his offer in April, stating that he was misled by Twitter over the fake "bot" accounts - a claim rejected by the company.  

Twitter then attempted to prove that Musk was saying so because he had changed his mind regarding the deal and filed a lawsuit against him to hold him to the agreement. As the trial was still ongoing, Musk made an unpredicted move and restored his plan to take over Twitter. 

Chief executive Parag Agrawal, alongside Twitter's chief financial officer and its head of safety, were kicked to the curb, according to The Washington Post and CNBC reports, citing unidentified sources. The reports were published mere hours before the deadline appointed by the court for Musk to close in on the Twitter purchase deal.

Musk claimed that he bought Twitter because he wants to "help humanity" which he loves so much, "That is why I bought Twitter ... I didn't do it to make more money. I did it to try to help humanity, whom I love."

This is the same person who provided internet service through Starlink to support neo-Nazis in Ukraine and openly admitted to having a hand in overthrowing democratically-elected Bolivian President Evo Morales to get a grab on the country's lithium resources. Musk is also the same person enslaving children in lithium mines in the Congo to power Tesla. 

In his latest adventures, Musk is eyeing employing Starlink to fuel instability in Iran to overthrow its legitimate government and Twitter is already experiencing an exodus of celebrities leaving the social media platform because of Musk's takeover. Shonda Rhimes, Téa Leoni of "Madam Secretary", Brian Koppelman, and Sara Bareilles have already departed. 

The new owner acknowledged that Twitter "cannot become a free-for-all hellscape where anything can be said with no consequences," promising to turn down content moderation to a minimum, which could probably mean that former US President Donald Trump could make a comeback to the platform after he was blocked due to fear of inciting more violence following the Capitol riots. 

Far-right users were quick to take advantage of the moderation rule by posting comments such as, "Masks don't work" and "Free speech will always prevail" - tweeted by Republican Senator Marsha Blackburn of Tennessee, which led to replies including, "Says the party that bans books."