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October 28, 2022, 6:20 PM
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Elon Musk / @elonmusk:
Elon Musk says Twitter will form a content moderation council with “widely diverse viewpoints” for making major decisions about content and reinstating accounts  —  Twitter will be forming a content moderation council with widely diverse viewpoints. No major content decisions or account reinstatements will happen before that council convenes.
Nilay Patel / The Verge:
“Welcome to hell, Elon”: Musk won't be able to grow Twitter users and revenue without enormous compromises and realizing that content moderation is the product  —  You break it, you buy it. … Twitter is a disaster clown car company that is successful despite itself …
David Gilbert / VICE:
Some users test the limits of Twitter's moderation system following Musk's takeover by using profane slurs, racial epithets, and other forms of hate speech  —  The very first hours of Musk's stewardship of Twitter have been dominated by users relishing their ability to use profane slurs and racial epithets.
Mike Masnick / Techdirt:
Elon Musk firing Vijaya Gadde is a loss for free speech as she was the most responsible for Twitter's unmatched record defending “actual” free speech globally  —  Last night, Elon Musk closed his on-again, off-again, on-again deal to buy Twitter, and his very first order of business was to fire a bunch of top executives.
Todd Spangler / Variety:
Elon Musk pens an open letter to calm Twitter advertisers, arguing his goal is not “to make more money” and the service “cannot become a free-for-all hellscape”
Washington Post:
Elon Musk takes over Twitter and fires several top executives, including CEO Parag Agrawal, CFO Ned Segal, and legal policy, trust, and safety head Vijaya Gadde  —  Musk's $44 billion deal to acquire the social media company closed on Thursday night  — Elon Musk became Twitter's owner late Thursday …
More: The Verge, Wall Street Journal, Bloomberg, Reuters, CNN, The Verge, Insider, Livemint, The Information, The Atlantic, Reuters, Wall Street Journal, Bloomberg, TechCrunch, Gizmodo, CoinDesk, TechCrunch, The i Paper, Financial Times, The Hollywood Reporter, Protocol, New York Times, Mercury News, CNN, Adweek, Forbes, Reason, Insider, Axios, Vox, Fortune, ZyCrypto, SlashGear, Technical.ly, Watcher Guru, Axios, The Merkle News, San Francisco Business Journal, Decrypt, MacRumors, The Register, BBC, Michael Tsai, Dexerto, TIME, Digit, BuzzFeed News, Politico, Cointelegraph, Tech.co, Today's Take, The Economic Times, Redmond Pie, Wired UK, Bitcoinist.com, Social Signals, TheStreet, James's Newsletter, ecoinomics, CNBC, Global Nerdy, and Washington Post
Tweets: @elonmusk, @thierrybreton, @walterisaacson, @cz_binance, @davidfaber, @techemails, @nedsegal, @mattzeitlin, @eliothiggins, @briannawu, @snowden, @biz, @repmtg, @binance, @mmasnick, @ben_rosen, @beeple, @austinj, @nedsegal, @kashhill, @advashutoshbjp, @pwnallthethings, @lkrauss1, @carnage4life, @sarthakgh, @film_girl, @sifill_, @repboebert, @ben_rosen, @duolingo, @jsnell, @hsouthwellfe, @striedinger, @vilile, @tedcruz, @davemilbo, @jennaellisesq, @alwaleed_talal, @danprimack, @marcoarment, @rsarver, @alexhern, @buzz, @spencerchen, @klonick, @danprimack, @cnbctech, @pulte, @paulg, @gdickinson, @lizzadwoskin, @backlon, @pwnallthethings, @campuscodi, @alexstamos, @taylorlorenz, @bondhack, @pkedrosky, @ashcryptoreal, @paulg, @silvermanjacob, @keemstar, @paulmozur, @cwarzel, @petestrzok, @seanspicer, @0xfoobar, @esqueer_, @alexstamos, and @gasca
See also Mediagazer
Bloomberg:
Source: Elon Musk plans to become Twitter's CEO, but may cede the role in the longer term  —  Elon Musk plans to assume the role of chief executive officer at Twitter Inc. after completing his $44 billion acquisition, taking the helm of the social media giant on top of leading Tesla Inc. and SpaceX.
Kate Conger / New York Times:
Elon Musk takes Twitter private, merging the company with X Holdings, delisting from the NYSE, dissolving the board, and moving employee compensation to cash  —  The social media company went public in 2013.  But Elon Musk is taking it private as part of his acquisition of the firm.  Here's what that means.
Anders Melin / Bloomberg:
Analysis: with Elon Musk reportedly firing Twitter's top executives, CEO Parag Agrawal is eligible to receive ~$50M, CFO Ned Segal ~$37M, and Vijaya Gadde ~$17M  —  Three of Twitter Inc.'s top executives who were said to be fired after Elon Musk completed his takeover are poised to collect …
Apple:
Apple reports record Q4 revenue up 8% YoY to $90.1B, net income up 1% YoY to $20.7B, and annual revenue up 8% YoY to $394.3B

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From Mediagazer

Matthew Keys / TheDesk.net:
Five more states join the lawsuit filed last month by eight states seeking to block Nexstar's Tegna acquisition, which Nexstar said the DOJ and FCC approved

Winston Cho / The Hollywood Reporter:
A group of TV consumers sue in federal court in California to block Paramount's acquisition of WBD on antitrust grounds; Paramount says the suit lacks merit

Reporters Without Borders:
RSF Press Freedom Index hits a 25-year low: over 50% of the world's countries fall into the “difficult” or “very serious” categories; Norway holds the top spot

More News

Sarah Perez / TechCrunch:
Responding to user feedback, YouTube splits videos into three tabs on channel pages: Videos, Shorts, and Live, rolling out to all users in the weeks ahead

Earlier Picks

Michael Potuck / 9to5Mac:
Apple has awarded researchers nearly $20M, including 20 rewards of $100K+ each for high-impact issues, since opening its bug bounty program in December 2019
Ari Levy / CNBC:
Meta, which hit a $1T market cap in June 2021, is no longer among the 20 most valuable US companies, after losing $730B+ in value since its September 2021 peak
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