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October 28, 2022, 6:45 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.
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 …
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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, @film_girl, @duolingo, @sifill_, @sarthakgh, @repboebert, @ben_rosen, @jsnell, @hsouthwellfe, @striedinger, @vilile, @tedcruz, @davemilbo, @jennaellisesq, @alwaleed_talal, @marcoarment, @rsarver, @alexhern, @buzz, @spencerchen, @klonick, @danprimack, @cnbctech, @pulte, @paulg, @gdickinson, @backlon, @pwnallthethings, @campuscodi, @alexstamos, @taylorlorenz, @bondhack, @pkedrosky, @ashcryptoreal, @paulg, @silvermanjacob, @keemstar, @paulmozur, @cwarzel, @petestrzok, @seanspicer, @0xfoobar, and @esqueer_
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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 …
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”
Sami Fathi / MacRumors:
Telegram CEO says the company disabled paid posts on iOS after being told Apple was not happy with creators monetizing “without paying a 30% tax to Apple”  —  Telegram's CEO has accused Apple of destroying dreams and ruining entrepreneurship with its App Store rules, more specifically …
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
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  —  Along with announcing its new Lockdown Mode feature this past summer, the company mentioned an upgraded bounty program, a donation to fund ethical security research, and more.

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From Mediagazer

Benjamin Mullin / New York Times:
Memo: WaPo CEO Will Lewis tells staff they'll be expected to work from the office five days a week, instead of three, by June 2, and by February 3 for managers

Sean Burch / The Wrap:
News Corp reports Q1 revenue up 3% YoY to $2.58B, net income up 148% YoY to $144M, Dow Jones revenue up 3% YoY to $552M, and WSJ subscriptions up 7% YoY to 4.3M

Ben Smith / @semaforben:
In a note to staff, Roula Khalaf says US editor Andrew Edgecliffe-Johnson is leaving the FT for Semafor and will be replaced by Derek Brower from December 1

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

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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