Afrigather Topline
Billionaire Elon Musk on Monday mentioned his current takeover of Twitter—alongside along with his present duties because the CEO of Tesla and SpaceX—has triggered his workload to extend by “quite a bit”, following a tumultuous two weeks on the social media platform together with mass layoffs.
Tesla CEO Elon Musk talks throughout a digital assembly on the B20 Summit forward of the G20 leaders summit … [+] in Nusa Dua, Bali, Indonesia.
Key Information
Musk spoke on the B20 enterprise discussion board in Bali on Monday, forward of the important thing G-20 Summit, the place he mentioned he’s working “from morning ‘til night time” all seven days of the week, adding that he has an excessive amount of work on his plate “that’s for certain.”
Addressing enterprise leaders by way of video convention, Musk mentioned he was undecided how many individuals would truly “wish to be me,” including “the quantity that I torture myself, is the following stage, frankly.”
Musk as soon as once more reiterated his plan to convey long-form video to Twitter and permit content material creators to monetize it, with out providing particulars.
In an obvious acknowledgement of criticism of his dealing with of Twitter, Musk mentioned there was no manner of constructing everybody comfortable.
On Tesla, the electrical carmaker’s CEO mentioned he would think about creating a low-cost electrical automobile for creating markets like Indonesia and India.
Information Peg
Musk’s assertion about his heavy workload comes simply hours after the Platformer’s Casey Newton reported that Twitter had fired 4,400 of its 5,500 contract employees around the globe. Many of those employees have been primarily based in international locations like India and reportedly tackled content material moderation, actual property, and advertising and marketing for the corporate. The dealing with of those newest firings triggered criticism as the employees got no discover and discovered they have been fired after shedding entry to Slack—the intracompany chat app—and their work e mail. The choice is more likely to elevate additional questions on moderation of content material on the platform, one thing that has prompted advertisers to pause spending on the platform.
Key Background
Twitter has confronted a tumultuous two weeks since Musk’s takeover of the corporate because it misplaced a large portion of its workforce, key leaders and has needed to flip flop on key new options. Late final week, the platform was pressured to pause its $8-per-month Twitter Blue subscription service after just a few days. The characteristic allowed customers to obtain a blue verification badge with out ID authentication. As many had predicted, opening the blue checkmark to anybody keen to pay a payment triggered a bevy of impersonator accounts that triggered confusion and led to the unfold of misinformation on the platform. Impersonators armed with Twitter Blue examine marks focused everybody from political leaders like President Joe Biden, former Presidents Donald Trump and George Bush together with main manufacturers like Pepsi, Nintendo, BP and Eli Lilly.
Additional Studying
Musk touches on Twitter criticism, workload at G-20 forum (Related Press)
Twitter reportedly cut thousands of contractors without warning (The Verge)
Twitter Blue: Signups For Paid Verification Appear Suspended After Impersonator Chaos (Forbes)
