Nuked This is the end of the first week after Twitter accepted Elon Musk’s $ 44 billion buyout offer. A detailed report from the Wall Street Journal has peeled back a few layers on the process that began with Musk accumulating Twitter stock back in January.
Sources say Musk told bankers that he plans to develop revenue-growing features. One of his examples is’charging a fee when a third-party website wants to quote or embed a tweet from verified individuals or organizations’.
Musk reportedly discussed reducing Twitter’s reliance on advertising to make money and proposed changes to the Twitter blue subscription, such as banning ads. A source says he wo n’t make decisions on job cuts until he takes control of the company.
Twitter’s Friday all-hands with employees included Parag Agrawal’s regretsyes. The deal could have been avoided.
The company’s executives and board members had n’t even seen the plans for the company that Musk reportedly shared with bankers.
The Wall Street Journal cites a’shadow crew’ egging on Elon Musk’s bid for Twitter. He also included right-wing blogger Charles C. Johnson and CEO of the Babylon bee.
Elon Musk’s Twitter co-founder and now-former CEO Jack Dorsey would often appear to space out in meetings. Dorsey was at the time CEO of two companies.
John Sutter: I do n’t believe any permanent ban is right, or should be possible. This is why we need a protocol that’s resilient to the layers above, he says.
After the article was published, Dorsey posted a thread of tweets. Dorsey said,’every decision we made was ultimately my responsibility’.
The Tweet was in response to a question about Twitter temporarily and confusingly banning links to a New York Post story about President Joe Biden’s son. He now says,’we should have also reinstated the account without requiring a delete of the Tweet’.
Twitter’s prospective owner replied to a Tweet criticizing the company’s policy and legal head Vijaya Gadde over the incident. The Twitter meme called the action’obviously incredibly inappropriate’. This was followed by a wave of hateful tweets targeting Gadde.
