"Twitter obviously cannot become a free-for-all hellscape, where anything can be said with no consequences!" Musk said in an open letter to advertisers on Thursday.Īs news of the deal spread, some Twitter users were quick to flag their willingness to walk away. Musk tried to calm Twitter employee fears that major layoffs are coming and assured advertisers that his past criticism of Twitter's content moderation rules would not harm its appeal. president previously said he won't return to the platform and has instead launched his own social media app, Truth Social. A representative for Trump did not immediately respond to a Reuters request for comment, but the former U.S. Musk said in May he would reverse Twitter's ban on Donald Trump, who's account was removed after the attack on the U.S. 'CHIEF TWIT'īefore closing the deal, Musk walked into Twitter's headquarters on Wednesday with a big grin and a porcelain sink, subsequently tweeting "let that sink in." He changed his Twitter profile description to "Chief Twit." Twitter, Musk and the executives did not immediately respond to requests for comment. Musk also plans to scrap permanent bans on users, Bloomberg said, citing a person familiar with the matter. Musk, who also runs rocket company SpaceX, plans to become Twitter's interim CEO according to a person familiar with the matter and following an earlier report by Reuters. He had accused them of misleading him and Twitter investors over the number of fake accounts on the platform.Īgrawal and Segal were in Twitter's San Francisco headquarters when the deal closed and were escorted out, the sources added. Musk fired Twitter Chief Executive Parag Agrawal, Chief Financial Officer Ned Segal and legal affairs and policy chief Vijaya Gadde, according to people familiar with the matter. Blind allows employees to air grievances anonymously after they sign up with corporate emails. Less that 10% of 266 Twitter employees who participated in a poll on messaging app Blind expected to still have their jobs in three months. He also said on Thursday he did not buy Twitter to make more money but "to try to help humanity, whom I love." He has said he plans to cut jobs, leaving Twitter's 7,500 employees fretting about their future. Yet Musk has not offered details on how he will achieve all this and who will run the company. Other goals include wanting to "defeat" spam bots on Twitter and make the algorithms that determine how content is presented to its users publicly available. The CEO of electric car maker Tesla Inc (TSLA.O) and self-described free speech absolutist has, however, also said he wants to prevent the platform from becoming an echo chamber for hate and division. "The bird is freed," he tweeted after he completed his $44 billion acquisition on Thursday, referencing Twitter's bird logo in an apparent nod to his desire to see the company have fewer limits on content that can be posted. NEW YORK, Oct 28 (Reuters) - Elon Musk has taken ownership of Twitter Inc (TWTR.N) with brutal efficiency, firing top executives but providing little clarity over how he will achieve the ambitions he has outlined for the influential social media platform.
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