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 …
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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 …
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