Techmeme
October 28, 2022, 7:55 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 …
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.
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.
Todd Spangler / Variety:
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.
CNBC:
General Motors suspends its paid advertising on Twitter as the car company evaluates the “direction of the platform under their new ownership”  —  A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan.  - General Motors will create 4,000 new jobs …
Bloomberg:
Since its NYSE debut in November 2013, Twitter's stock grew 8.4% annually on average, below the S&P 500's 11% and Nasdaq 100's 15%, due to slow revenue growth  —  Elon Musk's buyout marks the end of nine years of public trading in Twitter Inc., which debuted with a bang but failed to match …
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 …
Kif Leswing / CNBC:
Apple's stock closes up 7.56%, its best day since April 2020, making it the day's second-best performing stock in the Dow Jones Industrial Average, behind Intel  —  - Apple stock rose 7.5% on Friday, a day after it reported September quarter earnings that modestly beat expectations on revenue …
Reed Albergotti / Semafor:
Sources: Andreessen Horowitz is an investor in Android founder Andy Rubin's new hardware startup Simple Things and Marc Andreessen sits on the board  —  Andreessen Horowitz has invested in Android founder Andy Rubin's new hardware startup, according to people familiar with the matter …

Sponsor Posts

SignalFire:
We need startups to fight prompt injection, the top LLM security risk  —  Check out our AI security market map, and reach out if you're building a way to defend chatbots from this new hacking technique.
Tribe AI:
Is AI just hype?  —  Find out how top enterprises use Tribe to get real business results.
Techmeme Leaderboards:
Discover the top reporters on AI, VR, policy, and much more  —  We've analyzed Techmeme's news crawl to identify the most influential and prolific writers on 48 news topics.  Download reports immediately for just $100.
Zoho:
Relive the magic of the SA20 2024 cricket tournament with these insightful stats dashboards  —  The SA20 cricket tournament for 2024 was another great success, and we at Zoho had an amazing experience as their official business technology partner.
Techmeme Ride Home:
Tue. 02/27 - Gaming Continues To Be A Bloodbath
The day's tech news, every day at 5pm ET. Fifteen minutes and you're up to date.
Subscribe via Apple Podcasts, Spotify, or RSS.
 

About This Page

This is a Techmeme archive page. It shows how the site appeared at 7:55 PM ET, October 28, 2022.

The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

More News

Earlier Picks

Michael Potuck / 9to5Mac:
Andrew Hayward / Decrypt:
Apple:
Ari Levy / CNBC: