Doja Cat is no longer called Christmas. That’s the big news today.The rapper changed her name on Twitter earlier this week to the prematurely festive moniker.
27.10.2022 - 18:37 / deadline.com
Elon Musk told advertisers in an open letter today that he believes “advertising, when done right, can delight, entertain and inform,” reassuring the group that makes up the bulk of Twitter’s revenue that ads are still welcome on the platform.
The billionaire Tesla founder who will close his tortured acquisition tomorrow, has indicated in the past he’d prefer to wean the service off ads, although it was never clear how that could work. Advertisers have also been wary about Musk’s being less focused on content moderation and he addressed that too, sort of. “Twitter can obviously not become a free-for-all hellscape where anything can be said with no consequences!” Twitter “must be warm and welcoming for all.”
He acknowledged that’s a tall order. “I didn’t buy Twitter because it would be easy or to make money. I did it to try to help humanity, whom I love, and I do so with humility recognizing that failure in pursing this goal despite our best efforts is a very real possibly.”
“There is currently great danger that social media will splinted into far right wing and far left win echo chambers that generate more hate and divide in our society,” he said. He blamed traditional media for that trend, saying it catered to “polarized extremists” in its “relentless pursuit of clicks” and cash.
Musk is spending time at Twitter’s San Francisco headquarters this week (carrying a sink in yesterday – to let the change in ownership “sink in”) as he prepares to close the $44 billion, or $54.20 a share, deal by a court-imposed deadline tomorrow, taking the company private. The New York Stock Exchange said it plans to suspend Twitter shares from trading before the open.
Dear Twitter Advertisers pic.twitter.com/GMwHmInPAS
Doja Cat is no longer called Christmas. That’s the big news today.The rapper changed her name on Twitter earlier this week to the prematurely festive moniker.
After recently laying off half of Twitter’s employees and on the same day that three of the company’s top security executives quit, the world’s wealthiest man reportedly told Twitter’s remaining product team members that the company he just bought could see “net negative cash flow of several billion dollars” in 2023 and “bankruptcy is not out of the question” if that happens.
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Twitter has reportedly sent out a company-wide email warning its estimated 7,500 employees that layoffs will start Friday.
Plans to charge Twitter users for verified 'blue tick' accounts could cost the Scottish Government and local authorities thousands of pounds if implemented. The social media giant is reportedly considering changes to its Blue subscription service, which could see users charged $20 (£17.30) a month or $240 a year.
Elon Musk took over Twitter this week and promised to make the social media platform the place to go for free speech. The tech boss raised eyebrows after he tweeted, then deleted, a tweet that amplified an unfounded claim around Paul Pelosi’s brutal attack.
Well, it happened. Elon Musk actually took ownership of Twitter. We’d love to say everyone was worried over nothing, but… certainly some big changes are already afoot. And they’re not exactly reassuring.
Elon Musk, who just took over Twitter in a $44 billion leveraged buyout, sought to allay fears about the direction of the social media company by saying it is forming a content moderation council.
Elon Musk appropriately documented his arrival Wednesday at Twitter headquarters on the social media platform, two days before a Friday deadline imposed by a judge for Musk to acquire the tech giant.