Elon Musk buys Twitter for $44B and will take it private

2 Oct 12:22 Key points summarised by AI

Elon Musk finalized a $44 billion deal to acquire and privatize Twitter, driven by his belief that the platform needs to uphold free speech more robustly.
Musk plans significant changes, including introducing new features, making algorithms open-source, and aggressively combating spam accounts, potentially shifting revenue models.
His 'free speech absolutist' stance and proposed relaxed content moderation policies have raised concerns among users and advertisers about the potential rise of disinformation and hate speech.

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.