Tag: twitter hellscape

Intoxicated with attention, Elon Musk heralding era of more chaos, less money for Twitter
Technology

Intoxicated with attention, Elon Musk heralding era of more chaos, less money for Twitter

[ad_1] “Twitter is ALIVE.”That was Elon Musk's most recent Twitter post at the time of writing, several hours after announcing he would reinstate former President Donald Trump to the site.   It's a move that epitomizes the chaos Musk has wrought at his new social media company, as well as his inability to keep his word or stick to a plan. On Oct. 27, for instance, he promised Twitter's increasingly dubious advertisers that Twitter would not “become a free-for-all hellscape, where anything can be said with no consequences.” The following day, Musk said he would form a “content moderation council with widely diverse viewpoints” to look at high-profile, banned accounts like Trump's. 'No major content decisions or account reinstatements will happen before that council convenes,” he said.Th...
Hellscape or Not, Twitter Will Be Something Different Under Musk
Technology

Hellscape or Not, Twitter Will Be Something Different Under Musk

[ad_1] After five months of mudslinging between Elon Musk and Twitter Inc., in court and otherwise, the mercurial billionaire finally owns the social network. The chaos of the deal was only a preview of what's to come. Musk has already axed much of Twitter's leadership team, including its chief executive officer, and plans to be CEO himself in the immediate term, according to people familiar with the matter. Public shareholders are cashing out and passing ownership to a hodgepodge of investors that, besides Musk, include Oracle Corp.'s Larry Ellison and Qatar's sovereign wealth fund. The company will stop reporting its financials -- unless Musk wants to. He is expected to make severe job cuts, especially for roles outside of product and engineering. Above all, the Tesla Inc. chief...