Techmeme
October 28, 2022, 6:20 PM

Top News

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:
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
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 …
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