The billionaire has taken the reins at Twitter, ousting the company's entire leadership team and leaving the platform in turmoil.

EXTRA EXTRA: This is a special Friday edition of the newsletter. Elon Musk has taken control of Twitter, ousted the company's entire leadership team, delisted the stock, announced the creation of a new "moderation council," vowed to free people from "Twitter jail," and a major corporation has already suspended its advertising. | |
| CNN Photo Illustration/Jim Watson/AFP/Getty Images | Elon Musk has now owned Twitter for an entire business day — and while he has certainly entered the company in erratic fashion, both employees and the public are still very much in the dark as to what he plans to do with it. Big, consequential decisions remain, including whether former President Donald Trump will be permitted back on the platform, even though the Mar-a-Lago resident claims that he prefers his own Truth Social app. It also comes at a crucial time in US politics. The important midterm elections are only days away. Not only do politicians sometimes stretch the rules in the run-up to elections, but foreign actors aiming to disrupt the process often run operations on social media aiming to spread disinformation. Musk on Friday addressed the Trump question with an effective non-answer: "Twitter will be forming a content moderation council with widely diverse viewpoints," Musk tweeted. "No major content decisions or account reinstatements will happen before that council convenes." That statement indicated two things: First, the "Chief Twit" is seemingly unfamiliar with the basics of his own company, given Twitter already has such a policy council in place. Second, and more importantly, Musk seems to already be attempting to distance himself from arguably the most consequential decision Twitter will make under his stewardship. For some time now, Musk has enjoyed being on the sidelines, able to heap criticism onto Twitter without having to manage the business (which is reliant on advertisers that don't want their brands adjacent to hate speech) and enact actual policies. Now he's in the driver seat. Musk is trying to thread a difficult needle. He has said he will run Twitter in a way that hues closer to free speech absolutism. But he evidently understands some rules will be in place, as he sought to assure advertisers that the platform "obviously cannot become a free-for-all hellscape, where anything can be said with no consequences." But, if rules are in place, that means disciplinary actions must also be in place, and that means that Musk will find himself in the position of having to slap users with punitive measures. In other words, Musk will have no choice but to effectively censor people. What happens when the "free speech absolutist" is suddenly the person responsible for censorship on the platform? How will Musk handle criticism from his fanbase when they accuse him of being anti-free speech? In the meantime, it is unclear what rules are currently being enforced or not on Twitter. Musk tweeted Friday that "anyone suspended for minor & dubious reasons will be freed from Twitter jail." That suggests he believes some of the Twitter rules are "minor & dubious" and should not be enforced — at least the way they have in the past. Most employees are still in the dark at the company after Musk took ownership and exiled its now-former executive leadership team. There still has not been an all-hands meeting at Twitter to inform staff of the key decisions and changes underway. And Twitter's corporate communications team, usually quite responsive to journalist's inquiries, has gone dark. Twitter is often referred to as a social media website. But that downplays what it is. It's much more. It's one of the most influential communications platforms in the world, affecting all pockets of society — and at the moment, during this particularly pivotal time, there isn't a steady hand at the helm. | | | - The Anti-Defamation League said it has already "identified a coordinated effort" to spread antisemitic content on Twitter, "explicitly drawing inspiration" from Musk's takeover. (Twitter)
- General Motors said Friday that it is going to pause ads on Twitter in the wake of Musk's acquisition. (CNBC)
- The three top Twitter execs whom Musk fired Thursday night will walk out the door with about $187 million of his money. (CNN)
- Actors impersonated Twitter employees outside the company San Francisco offices on Friday, pretending to have just been fired. Several media outlets, including CNBC and Bloomberg, fell for the hoax. (The Verge)
- Musk did not restore Kanye West's account, despite what you might have heard. (Reuters)
- Right-wing media is portraying Musk's takeover as a "victory for their cause," as Jason Abbruzzese and Brandy Zadrozny note. (NBC News)
- Clare Duffy outlines what precisely could change on Twitter in the weeks and months ahead. (CNN)
- "Welcome to hell, Elon." Nilay Patel has a phenomenal piece about Musk's purchase of Twitter, in which he contends the billionaire's ownership of the company will "ultimately destroy" his reputation. (The Verge)
- Jon Schwarz argued Musk has "created his own hilarious nightmare" with his purchase of Twitter. (The Intercept)
- Ex-Facebook exec Alex Stamos says he believes Musk has "made a huge mistake, making himself the global face of content moderation at a critical moment of struggle with governments." (Twitter)
- 🎙️ And finally, if you missed the Twitter Spaces convo I hosted with Donie O'Sullivan and Clare Duffy, do check that out. (Twitter)
|
|
| Thank you for reading! This newsletter was edited by Jon Passantino. Have feedback? Send Oliver an email here. We will be back in your inbox next week. | |
| |
Comments
Post a Comment