‘Elon Musk’s investment in Twitter seemed insane, but it gave him this power’

Jeff Jarvis argues that media coverage of the internet and big tech has been driven by a conflict of interest, since new technology competes with news outlets for audience and advertising dollars. In his new book, The Web We Weave, Jarvis says he fears regulation driven by moral panic over the internet will erode freedoms for everyone. He says Rupert Murdoch turned against the internet after failing at it and wasting billions of dollars, and that The Wall Street Journal fired the first shot with a series demonising the cookie and ad targeting. Jarvis also says Elon Musk's Twitter investment gave him power that led to Tesla stock rising.